Bincoti_trade

Bincoti_trade

we failed to break down below 94600 and bounce back was pretty strong.. now the only thing we left is to go up above 120k unless it dumps at 101k. but this moves are so strong that i dont think we will stop any time soon. so we will see some strong bull rally in btc while altcoins are losing momentum. rally seems to started and ending around january..

Bincoti_trade

we failed to break down below 94600 and bounce back was pretty strong.. now the only thing we left is to go up above 120k unless it dumps at 101k. but this moves are so strong that i dont think we will stop any time soon. so we will see some strong bull rally in btc while altcoins are losing momentum. rally seems to started and ending around january..

Bincoti_trade

we must watch what happen when eth pump finishes. and if btc start dumping and not following eth. thats the signal for big drops. so watch eth vs btc or eth/btc pairs. there is the key of trading. i am shoring btc and long eth to make it balance of 2:1 ratio to make it even. but going to close eth if btc start dumping. eth likely pump back up to high position so...

Bincoti_trade

then this can be the case that we are going to consolidate side way and i would look for ETH to surge and then depends on how it plays out btc can go up or down. but my previous target for btc was 120k.. so lets see where it bring us. we need to see how it moves at the end of this triangular pattern.

Bincoti_trade

He declared material law and then after a few hours majority party members disagree to remove the order. so this dumped caused by Korean market btc dip 30k in an hour. here is what can potentially happen. if this was just a show to buy coin cheap.. we may see not more than that low of Korean market price which was $65000 which is good. but in short term support...

Bincoti_trade

He declared material law and then after a few hours majority party members disagree to remove the order. so this dumped caused by Korean market btc dip 30k in an hour. here is what can potentially happen. if this was just a show to buy coin cheap.. we may see not more than that low of Korean market price which was $65000 which is good. but in short term support...

Bincoti_trade

so here I am again. I was switching around my position its because xrp sudden pump makes changes to the market atmosphere, but now i think bears are favor finally. because if we see that pump made in btc. marked orange color. that was the pump when xrp hits around 2.9 dollars. and its losing its power now. and if that major coin drops everything kinda drops all...

Bincoti_trade Updated 

I commented last analysis that i think because of xrp pumping we might see market going down. I was trying to see if it tank or not but it seems like after xrp pump we coulldnt find a way to go up for btc and eth.. now after xrp confirm its resistance btc quickly dropped.. which means even with pull back we likely see 90000 or 86000 area depends on market...

Bincoti_trade

last time i shared short case. with abc correction to 90000 or below. but up to this level its a common area where btc still can go up from here if support is made. so i am closed 50% of my short and waiting to see if momentum will be changed or not. check out this level. and also please check my previous analysis to keep plan for both of cases.

Bincoti_trade

yesterday, I shared some potential flush cases but if it was wave C we should be rapid movement to downward. However, i dont know if its because of weekend or its still not completed wave B or wave C ended already. It didnt happen yet. so I am trying to see if there can be another possibilities. and This could be another option we have to look at. correction ended...

Bincoti_trade Updated 

it seems like btc lost buying power already but keeping that area because of altcoins. and all the alcoin pumped up already and if no major altcoin carry the price up. we likely see 90000 or 88000 area. if support is made there its a good entry to buy and hold for wave 5.

Bincoti_trade

Elliott wave is very subjective. even I have two or three analysis and shorterm frame it gets more possibilities. but here I think Eth price is way lower than btc price and also some of altcoins as well. because bitcoin just went up alone strongly compare to other altcoins. and eth is one of them. it didnt hit all time high yet. but at least it should reach around...

Bincoti_trade

We are still got more to go upside. dont panic, keep hodle and buy more in dip