Be careful with the 9400 usd level. A break below it can confirm the huge dump down!
Bitcoin has finished the boring triangle and decided to take action. Target 1 is 8400 USD
Great long opportunity will be here for us. Due to the bullish sentiment still on air, I prefer not to short the market Long from 140 USDs Take profit at 180-190 usd Great traders everyone
Long from 54 usd! Shorting is too risky right now...
This is the bear scenario for our mid term Bitcoin action. I will be posting the bull as well. Bitcoin had a great bull run so far, however both the news, tether printing and other manipulations seem to be decreasing. Even though most of the people believe in the new bull market, I am still suspicious. I believe this is a huge bull trap which will be leading us...
EOS is ready for a fake pump. Buy level 3.7 Sell level 5.6 Stop loss 3.5 Good trades everyone
A basic ABC correction has begun, we still do not know if the parabolic movement will continue but a healthy correction is here. If BTC goes below 7000 considering this parabolic movement as a X failure will be optimal. If it does not, even I will consider the bull run. Right now the market is a gambling area. Not trading just watching.
I know I had been wrong for the last 2 months about calling short all the time. However the reason for this is not because I want market to crash. It is because that something is really wrong about this market. I have been checking the ideas on TV today and found a really nice quote from the Elliott Wave Principle: Key to Market Behavior, Robert Prechte r written...
Bitcoin is about to finish it s ugly triangle and will show us which side it picks. I am expecting more retracement to 7200 and even to 5900 usd. I will be updating the chart completely if we break this resistance and fly to 9400 usd.
My LTC analysis was DEFINITELY not involving these values, I was so bearish that I did not even consider the 90 above case. There are tons of reasons behind this which I wont be addressing. However I wanted to post a chart about the current situation. A good friend of mine is holding some LTC so I thought it is a good idea to check this out. Even though I am a...
BTC is again and again being manipulated by our precious whales. Be really careful while playing these days, use tight stop losses I find it better to stay away and wait for a huge move before entering a trade.
Let's make a little short term swing. Bitcoin is carving for some retracement. I am expecting 0.38 or 0.5 fibonacci levels for this retracement. Stop loss: 8600 usd Target: 7100 usd Entry: 8100-8300 usd typo: The 3rd wave is actually 1st impulsive wave. Sorry for the typo... bear or bull X or 1?
ETH has broken the upper line and has the little short term bull. I am still middle term bear and long term bullish. I find it really dangerous to short or long ETH right now. So I will be waiting for the target I drew on the chart Long Lovers: Enter : 185 usd Stop: 168 usd Take Profit: 250 usd Short Lovers: Enter: 289 usd Stop: 314 usd Take Profit: 168 usd
I decided to check some of the main commodities and companies to compare with bitcoin. I will be posting 1 bear, 1 bull and 1 neutral scenario. Even though silver has not entered any certain season yet, we can check how the consolidation had happened. Checking the candles and elliott waves, I see that silver has a similar path as bitcoin. This does not mean...
I see that I do not post any short term charts thats why I considered one. I basicly do not day trade but checking out the elliotts all the time. I am still bearish but short term can be a little bit bullish. Bull are trying to convince everyone for the bull run. Is it over yet? I do not now. BTC is showing parabolic formation since january which seems to end...
This is my main elliott however I have 5-6 other counts as well. I don't think that we are in a bull trend and I think (A) - (B) - (C) will work out just fine. We are at the strongest resistances of all times, it would be so funny to break it in one attempt. I will be posting my bull version too... Bears are just waiting for the right time... be careful.
BTC stays strong convincing everyone that we are in the hugeee bull season. I am still staying bear, not changed a bit. Let's see if we fall directly or have a nice little last bull trap. Bear season is not over for me.
I see that nearly everyone has turned bullish which is really scary, seeing greedy people everywhere. This greed is not good for the market. To be honest, I don't want the market to continue in the bear cycle, yes, you heard it right. I would much prefer a bull market where - this time! - I know where to exit so I will earn a lot and work from a beach drinking my...