Don't get fooled. The explosive green candle from the other day was simply shorts getting squeezed and a way to bring back bullish sentiment to the market. Liquidity was needed and the best way to make that happen is to give bulls hope. Which is simple in the crypto space, bulls forget about the bad days almost immediately following one little spike up. They see...
My belief in what the overall corrective structure of bitcoin is a bit different than the norm but to you the details we are working on our primary intermediate 5th wave down in the Primary corrective C. Target 1: is listed. Not financial advice. Simply sharing ideas with traders.
Hit all the targets so far. We should see movement towards the next target within the next 30 minutes or so. *Not financial Advice*
It's about to be determination day! will we continue in the pitchfork or break up resulting in a short squeeze propelling us upwards a few thousand, prior to a huge throw over causing us to make our way down to new lows as we finish off the correction.
Keep your eyes out. The ABC correction is almost finished and we are about to see a huge drop. Don't fall for the trap... Wave 5 will likely be extended because its a new low
I think many are in for a huge surprise. I believe BTC is about to make new lows, throwing the majority of TA ideas out the window. In the near future my TA has us hitting a range from the high 4ks to low 5ks. From there we should see a huge bounce and a move that makes it look as though the bear market is over, which temporarily it will be, as we should surpass...
Short term bullish outlook for Bitcoin! My chart indicates my thinking behind my outlook. Feel free to ask questions if you need any clarification. DISCLAIMER: This is not trading advice, just sharing my thoughts with the crypto community
I believe that we are still finishing out the flat and should soon see an increase in volume in the market, pushing us up through resistances, making retail investors/traders believe that the bear market is finished. They will begin fomoing further pushing the prices up triggering stop losses and giving break out traders the signal they are waiting for to hop in...
BTC continues to go as planned. We are creating an equilibrium pattern currently, expecting some volume to flow in and to see a break out here shortly. Continue to move your stop losses up as the price moves up. DON'T get caught holding the bag, because when we drop, we are going to drop fast! Hope to see you on the moon Disclaimer: I am not a financial...
Check my last chart for a more in-depth explanation of my thought process or feel free to ask any questions you may have. I forsee a big short squeeze and then a huge throw over! Don't get sucked into the hype when you see us make a huge impulse up, it's going to end up being a false break out. Make sure you continually move your stop losses up as we work our way...
Emotions are high; with our recent drop and now our rally back up, many are lost and simply holding on to their remaining crypto with dear life, hoping we've hit the bottom. Many are confident that the bottom is in, historically The Consensus meet up has led to a bull rally, which in part, this time is no different. I expect to see a rally, and just as many...
The majority of society criticizes us, says we are dreamers (true, I already see myself rolling up in my lambo), but that crypto will never become a part of society.. In a few months they will be running to us and throwing their money trying to get into crypto, but by then, we will already be on our way to the moon! As far as my chart goes, I used simple Elliot...