Called this market since the 14th of May! One Chart Wonder
Updated
Hi TradingView family,
This was a chart i released to my private group on May 14th:
Our community grew by 100% in May to 100 of the most diehard traders on the planet. I am planning on closing off the group soon. We have had a huge influx in growth and I am currently getting a couple staff members to help me with administrative work.
The market has moved perfectly and we have been patiently waiting on the sidelines. It is a tough market especially when most coins have went to 100% ROI -1.86% . A level of consolidation, correction is needed. However, I am not scared nor disappointed with the market. I think we are far better off now then we were in the months prior. We see some larger activity and positive developments with institutional powers moving in as well as developments in governmental regulation.
Don't fall for the FUD some of the TA's give out :) Be positive. If i told you will see 10-100% gainers in June will you believe me? You would be a chump to not buy BTC -4.86% at $7000-6800 which is where i see this market heading. Get some buy positions ready if you are in fiat. There is more positives than negatives.
So we will continue to head south for the next couple days. Not a big deal. We are still standing stronger then where we were and as you can see we are stabilizing along normal growth trend lines . I think 15-25k by end of the year is highly likely. We need to see some slow staired accent north.
Continue to use these small periods of downtime to focus on learning trade analysis and studying the market. No need to panic sell and fomo out. Within 1-2 weeks we will see positive BTC -4.86% price action. 1st to $8-9k. Stabilization then we will go further north.
Hope all is well. Good luck and Happy Hunting!
Reg.
This was a chart i released to my private group on May 14th:
Our community grew by 100% in May to 100 of the most diehard traders on the planet. I am planning on closing off the group soon. We have had a huge influx in growth and I am currently getting a couple staff members to help me with administrative work.
The market has moved perfectly and we have been patiently waiting on the sidelines. It is a tough market especially when most coins have went to 100% ROI -1.86% . A level of consolidation, correction is needed. However, I am not scared nor disappointed with the market. I think we are far better off now then we were in the months prior. We see some larger activity and positive developments with institutional powers moving in as well as developments in governmental regulation.
Don't fall for the FUD some of the TA's give out :) Be positive. If i told you will see 10-100% gainers in June will you believe me? You would be a chump to not buy BTC -4.86% at $7000-6800 which is where i see this market heading. Get some buy positions ready if you are in fiat. There is more positives than negatives.
So we will continue to head south for the next couple days. Not a big deal. We are still standing stronger then where we were and as you can see we are stabilizing along normal growth trend lines . I think 15-25k by end of the year is highly likely. We need to see some slow staired accent north.
Continue to use these small periods of downtime to focus on learning trade analysis and studying the market. No need to panic sell and fomo out. Within 1-2 weeks we will see positive BTC -4.86% price action. 1st to $8-9k. Stabilization then we will go further north.
Hope all is well. Good luck and Happy Hunting!
Reg.
Note
Hi Everyone :) I would not hesitate in buying some BTC now. Start using that btc to trade some CHEAP alts/position trading. OR HODL BTC and u can sell on the way up.Note
BOTJE, MPC, and D4 calling a huge decline... I'll get some balls and say no. How many times have you gotten burned by their advice? again they got disclaimers..but even when i read through their shit they change the direction day in and day out. The reason why I don't post every goddam day with an update??? Well.... if you study all of my previous charts they pretty much play themselves out. Look at my 1st TA post i ever did in November. I didn't even know anything about TA back then.
Anyways, here is an update for you all. Everyone crying 3-4k.. total bullshit. We need to go up 1st before even see shit like that. If we break the normal growth trend line then it is a possibility, but I don't even see that shit on my charts.
4 hr chart is close at bottoms and the worst we will MAYBE see is $6,5000 USD. That is the market support. We formed two double bottoms here. On the daily we have entered the 1st consolidation phase since forever. We are entering MACD positive, and very little room to see the impending doom and gloom of 3k.
Don't fall for B.S. FOMO and fud. I am working on a new BTC TA that will blow your f*kn mind. Seriously... I was mind effed when i was researching it. Long story short? $18,000 BTC will be here Q4 (I called this in my earlier TA that its the month of market regulation and we won't see as steep fomo volatility) 2018 and by 2019 Q1 $38,000 BTC.
Drop a follow, like and share to stay updated.
Note
Let us take a couple days breather and anticipate some positive price action. We have retraced for quite some time and BTC has taken the alts down with it. Fear not my friends! hang tight and HOLD THE LINE :) Better days are coming. We hit oversold territory.
Note
What is next big boy BTC? Just had an amazing conference call with the private telegram group NOW 102 MEMBERS :) We anticipate another bull run for BTC with T1 of $8300 a drop to $7500. T2 of $9800.
Get ready boys! if my long term analysis is correct we are going to have some fun this month!
FYI the rise should start between 6/4-6/6
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