MikeMM

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.

MikeMM

Explained in picture

MikeMM Updated 

7889 LONG then take profit at 1.618 and 2.618 stoploss at 7839

MikeMM Updated 

The time to shine is now, so hopefully we break 8400 and reach new yearly highs. however, shit can revers in a second so be careful as fuck. Im always wrong, 100% of the time so dont trade my charts.

MikeMM Updated 

I will be tryingt o long on the next swoop lower

MikeMM Updated 

Will get into finer detail as we approach and see price action. not sure if we continue down after that or up.

MikeMM

Good buy zone, need to go back to levels before the federal reserve began their monetary policy of taking volatility out of the markets. Price discovery has never had the opportunity to explore.

MikeMM

i mean.... wtf.

MikeMM

Could potentially be one more mark up to 11,000-11400 areas then distribution and down. Time will tell.

MikeMM Updated 

Possible play of the market. give or take.

MikeMM Updated 

We dont need T.A to tell us whats happening here boys, the very basics will work. This bear market will be a few pops up to lure people into hope and then devastating crashes, for reference of what a complete crash will look like i suggest you check out BTC/USD. It nears its bear market end, but you can see periodically the glimmers of hope set out and then the...

MikeMM

Means Bitcoin price goes up and alts price goes up. OR Bitcoin remains sideways and alts go up

MikeMM

But bottoms in boiz

MikeMM

yes

MikeMM Updated 

We have not confirmed a bottom on this correction. to confirm bottom we need to break above that yellow line.

MikeMM

Short btc buy bch