XBT BULLISH FOMO IS JUST A FACADE
REDACTED XBT INTRA-DAY BREAKDOWN - 14/03/19
WHAT HAS OCCURRED SINCE OUR LAST XBT (BITMEX) INTRA-DAY BREAKDOWN ?
Our previous analysis of XBT ON THE 24TH OF FEBRUARY ENDED WITH THE FOLLOWING CONCLUSIONS:
TO SUM UP :
1. SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSIONS.
2. THE TARGETS FOR THESE SHORTS WERE 3870$ AND 3700$ RESPECTIVELY.
3. NOW, I ASSUME FURTHER BEARISH ACTIVITY UP AND UNTIL 3550$ FOR SUPPORT TO BE FOUND.
4. THIS IS IN LINE WITH BEARISH PREDICTIONS FOR BTC/USD TO SEE SUPPORT AT 3650-3700$.
5. A CONTINUED CALL FOR THE NEXT MOVE WILL BE GIVEN ON OUR PRIORITY CHANNEL IN REAL TIME AS BEST AS I CAN.
6. DO NOT RULE OUT THE ABILITY FOR XBT TO FIND SUPPORT AT EITHER 3610$ AND 3550$ TO ASCEND TOWARDS 3900$ ONCE AGAIN THEREAFTER.
REVIEW :
1. AFTER SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSION AND ALSO OUR PRIORITY CHANNEL.
2. OUR FIRST TARGETS OF 3870$ AND 3700$ RESPECTIVELY WERE ACHIEVED.
3. THEN WE FORECASTED THAT WE WOULD SEE FURTHER BEARISH ACTIVITY TOWARDS 3610$ AT THE MINIMUM.
4. OUR SECOND BEARISH TARGET WAS 3550$ BUT WE ARE YET TO ACHIEVE THAT.
5. I INFORMED PRIORITY MEMBERS TO CLOSE THEIR SHORTS AT 3610$.
We will do the top down style analysis that you should have become accustomed to by now to look at possible price direction.
TO CONCLUDE:
1. WE FEEL THAT PRICE REJECTION WILL OCCUR.
2. 3750$ IS THE MAIN PRICE FLOOR AT THE MINUTE AND IN ORDER TO BREAK MAJOR SUPPORTING TREND LINE, THIS LEVEL NEEDS TO BE BROKEN.
3. BREAK OF 3800$ WILL BE THE FIRST SIGN OF SHORTS BEING VALIDATED AND WILL MEAN INVALIDATION OF SHORT TERM WEDGE BUT NOT A BREAK OF MAJOR SUPPORTING TREND LINE.
4. THEREAFTER, SHORT TARGETS ARE TO 3610$ FIRSTLY AS THIS IS THE FIRST ZONE OF MAJOR RESISTANCE AND A BREAK OF THIS ZONE WILL LEAD TO 3427$ SUPPORT BEING ACHIEVED.
5. THE LAST POSSIBLE SUPPORT ZONE FOR THIS MOVE BEING INTERVENED BY THE BULLS IS AT 3550$ WHERE HISTORICALLY BULLS PICK UP PRICE ACTION.
6. FINALLY, DO NOT FOMO, 4050-4100$ IS THE MAXIMUM UPSIDE POTENTIAL IN ANY GIVEN SITUATION AND THIS WILL ONLY BE VALIDATED BY A BREAK OF 3920$ AT THE TIME OF WRITING.
** PLEASE NOTE THAT THIS ANALYSIS IS IN A REDACTED FORM, AND FULL FORM FOR EDUCATIONAL PURPOSES CAN ONLY BE SEEN BY PAYING PRIORITY MEMBERS **
PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
WHAT HAS OCCURRED SINCE OUR LAST XBT (BITMEX) INTRA-DAY BREAKDOWN ?
Our previous analysis of XBT ON THE 24TH OF FEBRUARY ENDED WITH THE FOLLOWING CONCLUSIONS:
TO SUM UP :
1. SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSIONS.
2. THE TARGETS FOR THESE SHORTS WERE 3870$ AND 3700$ RESPECTIVELY.
3. NOW, I ASSUME FURTHER BEARISH ACTIVITY UP AND UNTIL 3550$ FOR SUPPORT TO BE FOUND.
4. THIS IS IN LINE WITH BEARISH PREDICTIONS FOR BTC/USD TO SEE SUPPORT AT 3650-3700$.
5. A CONTINUED CALL FOR THE NEXT MOVE WILL BE GIVEN ON OUR PRIORITY CHANNEL IN REAL TIME AS BEST AS I CAN.
6. DO NOT RULE OUT THE ABILITY FOR XBT TO FIND SUPPORT AT EITHER 3610$ AND 3550$ TO ASCEND TOWARDS 3900$ ONCE AGAIN THEREAFTER.
REVIEW :
1. AFTER SHORT CALLS WERE GIVEN AT 4127$ IN REAL TIME ON OUR PRIORITY DISCUSSION AND ALSO OUR PRIORITY CHANNEL.
2. OUR FIRST TARGETS OF 3870$ AND 3700$ RESPECTIVELY WERE ACHIEVED.
3. THEN WE FORECASTED THAT WE WOULD SEE FURTHER BEARISH ACTIVITY TOWARDS 3610$ AT THE MINIMUM.
4. OUR SECOND BEARISH TARGET WAS 3550$ BUT WE ARE YET TO ACHIEVE THAT.
5. I INFORMED PRIORITY MEMBERS TO CLOSE THEIR SHORTS AT 3610$.
We will do the top down style analysis that you should have become accustomed to by now to look at possible price direction.
TO CONCLUDE:
1. WE FEEL THAT PRICE REJECTION WILL OCCUR.
2. 3750$ IS THE MAIN PRICE FLOOR AT THE MINUTE AND IN ORDER TO BREAK MAJOR SUPPORTING TREND LINE, THIS LEVEL NEEDS TO BE BROKEN.
3. BREAK OF 3800$ WILL BE THE FIRST SIGN OF SHORTS BEING VALIDATED AND WILL MEAN INVALIDATION OF SHORT TERM WEDGE BUT NOT A BREAK OF MAJOR SUPPORTING TREND LINE.
4. THEREAFTER, SHORT TARGETS ARE TO 3610$ FIRSTLY AS THIS IS THE FIRST ZONE OF MAJOR RESISTANCE AND A BREAK OF THIS ZONE WILL LEAD TO 3427$ SUPPORT BEING ACHIEVED.
5. THE LAST POSSIBLE SUPPORT ZONE FOR THIS MOVE BEING INTERVENED BY THE BULLS IS AT 3550$ WHERE HISTORICALLY BULLS PICK UP PRICE ACTION.
6. FINALLY, DO NOT FOMO, 4050-4100$ IS THE MAXIMUM UPSIDE POTENTIAL IN ANY GIVEN SITUATION AND THIS WILL ONLY BE VALIDATED BY A BREAK OF 3920$ AT THE TIME OF WRITING.
** PLEASE NOTE THAT THIS ANALYSIS IS IN A REDACTED FORM, AND FULL FORM FOR EDUCATIONAL PURPOSES CAN ONLY BE SEEN BY PAYING PRIORITY MEMBERS **
PLEASE SEE RELATED IDEAS DOWN BELOW ;) & don't forget to stay up to date with our calls by following our Instagram and telegram channels down below AND ON OUR TRADINGVIEW PAGE - CALL AFTER CALL CORRECT!
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