supremetrejdr

supremetrejdr Updated 

1 % get extremely wealthy the rest are back working a 9-5. You're welcome.

supremetrejdr Updated 

Ok here's what I think is going to happen. As you can see I drew a fibonacci from the start of this pump on 8th of February. BTC loves 618 fib retracements so in my opinion we gonna tank to 4150 right now (this will lower down RSI to a more healthy range), then it's gonna bounce back to 4650 or go slightly above it This will be the breaking point when everyone...

supremetrejdr

Don't be a sheep and do the opposite of what everyone else are doing. HODL what you have and have some fiat aside in case the worst thing happens. This dump could be epic.

supremetrejdr

This pump surprised us all, no one could predicted it and those that did were incredibly lucky. Did this 27 % increase in one day changed my opinion of BTC going bellow 3000? No. As a matter of fact now I'm even more convinced that we are heading lower. People start calling it the end of the bear market, BTC will never go bellow 3100, it's above 200 MA, it broke...

supremetrejdr Updated 

I gave up on my 1900 target. The reason for it is very simple, the majority of people are expecting it. Heck some of them are even betting on 1300. So here's my new target, the bottom will be somewhere between 2700 and 2300. I will explain it all in details now. In the last three months our most consistent price was around 3675 $. Now you may be wondering why...

supremetrejdr

In my previous TA I already stated my key points why BTC should go bellow 3000. Nothing has changed so far. We had a nice pump on smaller altcoins and LTC has in my opinion already reached the top. Here's my new scenario, BTC will try to go past 4200 once again and since there won't be enough volume to push us higher it will just roll over to 3000. Personally I...

supremetrejdr

TA is self-explanatory. I didn't give up on my 1900 target. The bottom will be somewhere between 1500 - 1900. Other reasons: - 50 & 100 MA weekly cross - Pathetic volume at 3150 - no new capital in the last 3 months - February was a green monthly candle (just like in 2014) - no one believes 200 weekly MA can be broken - BTC is a troll

supremetrejdr

As usual no one can predict the exact time BTC is going to make a move (up or down) and if everyone keeps saying we're going to fall down a boring sideways action occurs that lasts until people start to wonder if maybe we have already hit the bottom. Newsflash: we didn't. What we're looking at right now is just another boring descending triangle that is about...

supremetrejdr

Blue lines are the average of BTC's most boring days. We stayed at 6400 for 2 months before it dumped to 3140, so let's say an estimate of 50 % drop. Now the story looks very similar, from 24th November till now we've been hanging around 3680, few dollars up and down which is caused by bots trading. So I can think of only one outcome. Another 50 % drop which will...

supremetrejdr

Inverted head and shoulder (blue line) rejected and a drop to the same support 3140, can go lower all the way to 2850-2900. Then a bounce happens that everyone are waiting for to 4500 - 5000. Will be very short lived, it will probably be just a thin line and it will drop in few minutes just so most people won't be able to react. The final bottom will be at around...

supremetrejdr

A lot of people forgot about this project and have already sold their bags as there was not much hype around it. Huge mistake. Plasma will be released soon, my gut is telling me in the next 2-3 months, including their own decentralized exchange. Plasma is currently in testnet and there's already a first game running on it called "Plasma Dog". I seriously think...

supremetrejdr

Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and...

supremetrejdr

Market gets destroyed on 8th of October, last candle left on the daily chart before the breakdown. It goes past 5000 and 4300 because of the people panicking thinking it will go to zero. It bottoms at the most obvious support 2900 and bounces off all the way up to 5444 which will be used as a resistance point and then the horror movie begins all the way down to...

supremetrejdr

Maybe they're waiting for ETF rejection so that they can have an excuse to dump it. In that case we will need to wait until 1st of October. Short term I'm expecting we will go up to 6600 or 6800. This bear market is far from over. BTC needs to hit at least 4300, this is where the buyers are waiting and it's showing the strongest support. RSI on the weekly chart...