MikeMM

MikeMM Updated 

Wouldn't that be something? I mean we can just continue to all time highs from here, but i think there may be some validity to 20k.

MikeMM Updated 

we may be having an Eve and Adam top. What do you guys think?

MikeMM

The more I see everyone getting bullish the more cautious I become. Maybe they're right, but I've taken some risk off the table.

MikeMM

This sideways action after breaking out of an Adam and eve bottom reminds me of a Re-Accumulation phase.

MikeMM

Could This all be a Bull trap? I wouldn't count it out entirely.

MikeMM

Wouldn't that be something? Moon boy stuff right? I'm Biased long.

MikeMM

But if we do, I will be starting to DCA into a position. This is not the time to go short or long. This is the time to wait and see.

MikeMM Updated 

There are mountains of reasons why this stock is bullish, I wont get into the fundementals for now. The chart shows me that were bottomed out on the trendline RSI, It also shows me that we have been changing from lower lows to lower highs on the Candles. It also shows me that the Fib lines which I have marked as targets ALSO line up with points of interest on...

MikeMM Updated 

This is probably the only time I will say this. The rising wedge we are in right now is one of those beautiful BULLISH RISING WEDGES. When these things break upward, Instead of the assumed downward that this pattern typically plays out, we make massive gainers. I believe Bitcoin is going to move very fast and people sitting on the sidelines in stablecoins will...

MikeMM Updated 

Identified this idea with the Activision Blizzard chart when Bitcoin was in the 30k range. Did not have a name for it. Now I do. You learn something new every day. www.centralcharts.com

MikeMM

This massive falling wedge broke, and has been retested. unlike prior times when it faked out, followed by massive carnage. This time It has maintained the line and now moved above again. I am expecting a Bitcoin bull run, now lets assume BTC is at 100k. BCH will be at 10k if .1 and 20k if .2 If we break all time highs vs BTC then were actually looking at BCH...

MikeMM

Disclaimer: I am a BULLTARD, I did however take some Money off the table in the 55-58,000 range. I have since Bought back in during the 29-35k range. I have Been waiting for the resumption of the Bull market, or at the very least a DEAD CAT bounce where I can Re-sell what I have bought back in, and sell some additional coins that I should have sold before the big...

MikeMM

Should look something like this

MikeMM

Looks about right.

MikeMM Updated 

When we break this wedge, The climb to new all time highs may commence. We have been through this before, same rsi, same macd, same capitulation, same recovery... with slight variances of course.

MikeMM Updated 

Long till at least B of a possible ABC correction labelled in RED. If this is actually wave ONE of this cycle then we should be reversing without going lower than the 0.618 which I have Highlighted as a danger zone or possible zone of best opportunity I would never suggest anyone follow my ideas, rather they make up their own mind. That being said, this is NOT...

MikeMM

This is not bitcoin, but it sure looks like it huh? check that 53% drop after a 300% rally (measured from old all time high to new all time high) Check that stoch risi action, and the rsi action... indicating the same buying and selling. Bitcoin acts faster than stocks so time frames will be shortened significantly for moves, but things looking very similar. is...

MikeMM Updated 

Tipping point for bitcoin in history, world adoption imminent. This is a short term price target, higher highs will be made but this could be when you take some money off the table and bless yourself with a vacation.