🥳 IT'S MY BIRTHDAY! 🥳🥳 Hope everyone's doing great today, this won't be a long idea but wanted to at least get something quick out so here that is for you ladies and gentlemen, thanks. Below is a quick TA chart to visualize stuff:
🥳 We fell below my 0.77 level which I indicated was a strong support and once that happened we slipped down to 0.72-0.71 roughly, finding support at 0.73 where I've added a new level as annotated. Watch that for support. Below 0.73 it'll be anyone's guess what happens, some wild moves going on but that's why we've got levels and TA anyway.
🥳 Will be watching for that 200 EMA reentry or fail if it fails to catch it again but chances are we will forming a higher high on the local but we'll just have to see if that comes true or not. That's all for today's idea, I've gotta go enjoy my Birthday after all but I appreciate you all! Thanks for tuning in and all the best! Feel free to leave a like and follow, comment, really means a lot to me, thanks!
~ Rock '
Birthday
Idea about BTC WavesIt's a busy chart so, here's what I'm thinking :
Early in BTC's bull rally was a large amount of chatter about BTC's dominance that propagated and peaked over time (from $500 to $20k, or November 2015 to November 2017). We've crested that initial euphoria of discovery and are diving into a new stage of discovery and investment, for a new crowd, that may propagate further, especially if crypto becomes more accessible to our daily lives. The second oomph to the wave began between $3-5K which may not crest until $100k. I've stacked three elliot waves roughly over three years (coincidentally).
For the next few weeks I have the chart range bound to 15k. The last impulse wave will start with a rally to $30-40k (March or April), followed by consolidation in May (maybe the alts rally), the third wave to $50-70k (End of Summer), then finish off the year with 100k euphoria.
Happy Birthday Birthday Bitcoin ;D
On January 3rd 2009 Satoshi Nakamoto mined the first block with a message: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
OKCash Possible Breakout of Falling WedgeOKBTC may have just broken out of a falling wedge coinciding with a bounce off a fib level (50%). This coupled with the upcoming birthday announcement could mean OK may retest earlier highs. Like most new events in crypto, this will probably be a sell the news situation where we will see accumulation until the announcement is made.
Entry: < 5600-5700
TP1: 6000
TP2: 6500
TP3: 7000
Target: 8000
MOON: >9000 (in the event of spectacular news...)