Hi guy's In a sense not to confuse everyone, very simple BTC seems to love the 3.618 region as highlighted in every previous move, every major wave is superseded by a larger wave structure which measures to 3.618 or slightly above, simple analysis shows, as long as BTC bottoms above 20k the region is perfect for the top. Either way my sell orders are going in at...
Simplicity is key VPVR can lead the way - very simple - in a downtrend where is support in a highly traded area? - NO - support is not in a highly traded area because a of trapped traders or longs looking to exit at entry - Where is support? untapped liquidity. We look at the VPVR where is the current most area for a liquidity ? 7600 to 7800 - at this level what...
Soon at gold breaks previous ATH - bullishproof short of everything, Current drop is due to corona virus, a bit of panic and over reaction - there will be some recover - probably a great long opportunity. However you can see since DEC 2018 - the super rich have been slowly leaving stocks and entering gold - as soon as gold breaks previous ATH - short everything...
I cant stress this enough - in the next 4 days BTC WILL EXPLODE - THE CORRECTION IS OVER - GTFO of your shorts Its done its over - Currently all major exchanges are short except bitfinex who has a long open which is at its all time hight!!!! - there is a reason for this discrepancy they are holding the market up and will pump the market whilst every other...
The only trend lines that matter are on this chart - I have had these trend-lines on the chart for over 2 months these are the only ones that matter. No the big question is, have we finished out ABC correction or are we heading to 4800 the next big support zone. Currently we are either in an ABC correction heading for a final wave down or we have corrected and...
Hi Guy's Im neutral at the moment, Updating from my last chart where i mentioned wave 3 could begein at 8300 and we broke that zone and i said if we break that we are turning bearish. This is the current final hope for BTC, could be the golden buy opportunity. Btc could have just finished its wave 2 down and is preparing to start its wave 3 to 14000 to...
Hi guy's very simple confluence on Fibs. We got rejected at the golden pocket at 14k region, then retraced to the golden picket of wave 1 of 5 up at 7k, the 45% pump we saw was wave 1 of 5 of the big 3rd wave leading into the Bitcoin halving. Right now there is 3 scenarios, long stoploss at 8300, if we break this then the bearish scenario is real if we dont...