Going Full Bear (Full target 7575$)This chart is looking for real bad bottoms in US and global markets
As a series of trend watchers
Trend should be really active in early summer of close to End of Year
Down side Full target for me is 7575$ or lower
2/3 target for me is 9k$
1/3 target for me is 12.5k$
-1/3 is sideways and down from now
-2/3 is bounce to LH and go sideways for 1.5 years min
-3/3 just below ATH or max 22% for new ATH
BTC GOLD and OIL UP
Global market down or sideways
FULL
KP3RBUSDBINANCE:KP3RBUSD Analysis ABC.
( A ) Starting point movement .
( B ) Entry point.
( C ) Target
Target 1: 578.28
Target 2: 724.65
Target 3: 929.89
Target 4: 1117.83
Target 5: 1393.40
Only wait to till full moon #bitcoinonly wait to till full moon #bitcoin
Comment: Chaikin money flow oscillator -> if the indicator crosses the zero line upwards, it means that the price is gaining bullish momentum
NEXT FULL MOON !!!!! - August 22 -
40K SUPPORT ZONE - 22 august!
NEXT PARADE TO THE MOOON
the trend of going down from the new moon is evident. then bull moment from full moon onwards.
shortPlease deal with science no one is perfect.
This is the end strategy until after breaking resistance of 42000 or support 36000, macd rsi momentom ma indicators (50/20/30) and Elliott waves and patterns have been used.This is the final strategy until after breaking resistance of 42000 or support 36000, macd rsi momentom ma indicators (30/20/50) and Elliott waves and patterns have been used.
Fibonacci and Ichimoko tools were also used in this analysis.
A Full Elliot Wave Count on BTC...Here is the COINBASE:BTCUSD chart with a full Elliot wave count. Let me know anybody who thinks they agree or especially if they think it is wrong! I would love to hear some different takes. I think it seems possible this is the third wave of the third wave (on an extended subwave 5) and is likely this parabolic move picks up speed very quickly. That could mean 50000 or more by mid 2021 or even sooner depending on how the world goes in the upcoming months. We will see digital dollars become widespread implemented (basically serving as a way to conceptualize value for those used to old money). This will lead to hyperinflation and as the dollar becomes worthless since it has no scarcity and can be manipulated ad infinitum...This will lead to a situation where when digital dollars (perhaps usdc) are used on the mainstream for payments to merchants (as evidenced by goldman -sachs and cicle partnership and others) it will cause dramatically accelerated inflation and basically btc or other things with actual scarcity built in will be the only real peg of value and will increase in price quickly to account for the inflation of "digital dollars" This is what makes it possible for BTC to literally hit 1000000 or higher per coin, before it possibly loses favor due to network restrictions (and perhaps it is Stellar on the ALGO blockchain?) . This is just a few ideas... but main point is if you aren't in the market: Getting in fast might be well worth it, the difference between a drop from 18000\ to 14000 is much less is the end target is 1000000.... but catching it at 400000 might be way to late.
Bull Principle.I don't like to speculate too much, thus I am very cautious when mentioning
anything further than a few days from now on into the future.
This idea was born as an answer to the question pitched
by fellow trader - nickrandy1 . Respect!
Simply two charts. The #1 major reason why we are going sky up
is mapped above - the FINISHED correction model xyzwxyzwxyz
(or wyxzwyxzwyx, if it is more comfortable, doesn't matter).
Divergences lie, channels lie, SMAs lie, voodoo-doll-forecasting lies as well.
But this market looooves following the same proportions again and again.
And the same correction models are observed over and over.
The chart is screaming in our faces with accumulated groups of
1-2-1-2-1-2 waves(initial waves group, expecting multiple impulses on
multiple timeframes). We are slowly but STEADILY moving up
towards the Papa Ponzi's Pump(PPP) that may inflate btc hundreds percent!
9k? silly target, 100%!
10.5k? reasonable.
11.5k? good for the third target.
14k? smart to save some btc, it may pump further...
24k and even further.... (I am very skeptical on this. 11.5k sell -
the way to do it)
Yeah, btc may die in 5-20 years, but people live in the day.
Until that moment this beautiful inflation bubble
is easily pumped more and more and more. And no one is able
to stop it!
A perfect opportunity...
If it goes as planned, this is just the end of the very first
accumulation phase, out of the three expected. (1-2- , 3-4- and 5-)
Consider the m30 chart:
We can treat the waves (since 3 Jan) on 30m chart
within the boundaries of the Wave Theory as some fully formed 1-2-1-2- legs
or a 1-2-3- part of the unfinished 12345 impulse...
and the 3- third wave is just getting started in any case!
The 3rd wave (starts in a few days already?) should be
the longest one ;) out of all three expected to form
in the case of bullish scenario playing out.
The previous 4k impulse:
Now look at the current chart:
Anyway it is reasonable to assume,
that 8700 9k, 9.5k, 10.5k, 11.5k and even 14k - all are
good targets for the next few weeks.
New bottom is definitely less probable
than some new highs right now.
We are in the bullish territory, 100% confirmed.
Notice the death confirmation level - 6767 .
Anything below promises a 100% death for the Rally
and starts a new bearish trend for the following weeks.
So if we're trading above 6767 - there's
still a chance for the Rally. This number is defined
with respect for the very base principle of the Wave Theory -
wave #2 never retraces 100% or more of the wave #1 height.
The next few days may get very tense,
volume-wise =). Be safe, stay bull.
P.S. Fellow trader, fire that " like " button if agree ;)
Finally figured out how to use Sine Waves...Just posting this mostly because I finally figured out a way to use sine waves that's meaningful for BTC so far. One wave, fixed x location... different y locations.... so simple.
Fits the data pretty decently too... so I figured I'd take a guess at the rest of BTCs life. 2040 approx when I say it dies... is when the last BTC will be mined, for those still using it (even though it likely will be very, very, outdated by then). 2025 maybe as a End to the festivities at about 50k. Who knows, I just felt like putting it at 0ish.
Definitely trading advice. If you want to lose your money, probably not advisable.
ACB - UpdateA ACB TSX:ACB
Down 17½% from opening price on NYSE and down 27.7% from high.
Watch list.
BTGUSD Full rinse out - ready to go again ahead of weekendBTGUSD Full Rinse Out Ready to go again
Back in the buy zone ahead of weekend- it's been to the lows
at 193 where it was an outstanding buy and may present
another opportunity either from lower down again towards
193 or alternatively once 212 has been regained and holds for
a few minutes. The 191 level must hold up today to avoid
further significant weakness back to 151 (a good
short/reversal level for longs if we see it)