I come across this chart from another trader and tried to duplicate it the best i could. The trader who has been posting it around cannot be found and the persons
posts have vanished. I decided to help and post it the best i could to get the persons opinion out there.
Similar to our forcasts just a little different.
Red or blue was the topic of is post and it had over 1000 views in less than an hour before it vanished.
Basically the post said bullish manipulation too early and bitcoin could be bearish for years before recovering.
A short bullrun will only setoff a chain of events at the market prices people was dollar cost averaging and was still holding would dump to break even.
The person spoke with great detail on how exchanges work and how they manipulate the bear markets to recover losses.
I believe he was on to something because everything this person posted is now gone.
This post is the example proposed by whoever posted it.
I believe in freedom to express ones opinion.
In no way is this investment advice or a strategy to follow.
This is for everyone to determine with public discussion.
Its a sound theory and correlates to our forcast.
Well thought out analysis with a long term trading strategy in mind.
Just wish i had the post to share with everyone.
The details in the post was extensive.
I recreated the chart the best i could
posts have vanished. I decided to help and post it the best i could to get the persons opinion out there.
Similar to our forcasts just a little different.
Red or blue was the topic of is post and it had over 1000 views in less than an hour before it vanished.
Basically the post said bullish manipulation too early and bitcoin could be bearish for years before recovering.
A short bullrun will only setoff a chain of events at the market prices people was dollar cost averaging and was still holding would dump to break even.
The person spoke with great detail on how exchanges work and how they manipulate the bear markets to recover losses.
I believe he was on to something because everything this person posted is now gone.
This post is the example proposed by whoever posted it.
I believe in freedom to express ones opinion.
In no way is this investment advice or a strategy to follow.
This is for everyone to determine with public discussion.
Its a sound theory and correlates to our forcast.
Well thought out analysis with a long term trading strategy in mind.
Just wish i had the post to share with everyone.
The details in the post was extensive.
I recreated the chart the best i could
Note
the original post i came across the low was at 12k the 8181 low is our forcast for the low
accidental mistake respresenting someone elses work sorry
Note
looking back at this post today and wanted to update. I copied this from another trader to represent his or her work back in October 2022 and its amazing how accurate it was despite the manipulating volume. The Low of 2022 did not dip as low as expected but it did wick very close to the resistance line as expected. Looking back at this chart there is a 50% chance the market will be bearish and selling pressure will continue down a create a new low. These charts are for reference only for research.Note
market trading is manipulative and indecisive. Looking at current trading patterns and you can examine for yourself. Wicking on the black lines and look close at the patterns and compare with current trading the past 6 months. If i am seeing the manipulation correctly this chart could predict the possible bottom OCTOBER 4TH AT 12,000. I wish i knew who posted this and vanished after posting. I am glad i replicated their post and shared. I will check back on this in in 3 months.Note
If the markets are below 15k at the end of September i will be going all in with bitcoin.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.