RayN3s

RayN3s

Im trying to figure out divergence and its affect on price. Any insight is appreciated

RayN3s

short

RayN3s

just messing around

RayN3s

It looks like anytime the price drops into the green zone its a great time to go long until we touch the blue line. Wait till after Bitcoin breaks the blue line and re test before going long for the next bull run.

RayN3s

..

RayN3s

Bitcoin sure does love bull flags

RayN3s

chart says it all

RayN3s

Looks like we could have a test of the .618 fib level fallowed by the capitulation down to around $4600 before we start up again.

RayN3s

Is Bitcoin forming another W pattern to re test the .5 fib level? Rsi fallowing the same trend? Just some food for thought.

RayN3s

Bear divergence mark the top of the move or no? I think yes

RayN3s

weird

RayN3s Updated 

Looms like every time we set a new lower high on the way to setting our new lower low we always have a bull trap area on our way down. So is this just another bull trap or the bottom?

RayN3s

Looks like in a correction the 15 day MA serves as resistance. Any thoughts?

RayN3s

Will anyone still give me a Lambo for my Bitcoin?

RayN3s

Comparing the 2013 weekly rsi to this correction we still have lots of room to go up. I think were gunna top out around 58 on the weekly rsi then bitcoin down to $5,000.

RayN3s

I think were starting the "A" leg up on the Elliot retraction wave. My "B" target is anywhere from $9,800-$11,500 then a "C" wave correction down to the $4,000 range. Ill be looking to bet a house on BTC when it gets down to $4,500-$4,000 range. Btc went up 122x its lows of the 2014 crash. That crash took almost 4 years exactly to correct and I think our next...

RayN3s Updated 

Just fallow the bubbles and buy a ticket on the tesla rocket ship to the big yellow Bitcoin moon!!!