Bitcoin Trading | Sell & Buy Orders | Elliott Wave - Part 1 W
Updated
Bitcoin Trading | Sell & Buy Orders | Elliott Wave (Aug 2019)
Bitcoin Trading | Sell & Buy Orders | Elliott Wave
Market: Crypto (BTC/USD)
Bitcoin Trading has become more and more "attractive" lately, even for those individuals who have no real clues on what it truly is.
I remember several times when "rookie crypto" traders all of the sudden jumped into these markets.
It did not turn so well for them. For me and others it went according to the "master plan".
Honestly, I can state that BTC/USD is playing a major part in the "New World Order", and it's most likely destined to become something of the future.
For now, we're just "rolling with the punches" and dealing with all these regulations/obstacles, which, in my opinion, are just acting as a "cock-block" for something that's really destined to change the world once the fiat system will fail.
Million BTC question?
Will fiat money fail?
At one point it will, and it's destined to.
I have shared my theories on the Great Financial Crash previously.
That article observes global Indices and the inevitable depression.
Market Crash Cycles | Indices | Elliott Wave Structures
The BTC/USD Bull Market
A step towards the million BTC!
Where are those buy-low & sell-high levels for BTC/USD?
Bitcoin Trading can be pretty demanding and sometimes challenging when it comes to selecting the levels or taking a decision.
Honestly, despite other sectors, this market has given me mostly clean and clear Elliott Wave Patterns.
This is obviously due to the fact that the "big players" do not have monopoly on this asset yet, but they are trying.
Keep this question in mind, I will revert below.
In case you are wondering if I have what it takes, you might as well run through my history with this "gem".
I've been able to call the BIG rally, and then the Feb 2018 "bear claw", but one important question is:
Was I able to call the bottoms for the Crypto Market?
"Easy as pie", shared it on a silver platter.
First I was getting ready for the last drop before the "radical".
Bitcoin and the next Crypto Bull Market
Then I acted like Santa:
Bearish Santa & December's Trends - Christmas Gifts
And what do you know, the "bull horns" came out shining!
Oh yeah! I've been riding this meticulously.
Let's roll back to the main topic and the trigger points in Bitcoin Trading!
Bitcoin and the Accumulation Cylinder
The Crypto Market bounced back back in Dec 2018 and BTC reached almost 12.9K. What a ride!
Since 26th of June, 2019, BTC/USD has been retracing is what appears to be a corrective structure.
I am labeling the current bearish structure as a Double Three (Double Zig-Zag), located in a Primary Degree wave 2 (blue).
Bitcoin Trading | Technical Analysis | Elliott Wave
BTC/USD has been labeled in a Double Zig-Zag, which has been unfolding ever since late June 2019.
The charts have been sending me messages with their mathematical and natural Fibonacci sequences.
From what I can see, BTC/USD could be destined for more weakness ahead, before the BIG "game changer" that most are keen on.
Let's break the technicals down!
That's what you're here for right?
BTC/USD - Weekly Chart (picture)
BTC/USD (weekly) has been labeled within a Cycle Degree wave II corrective sequence, unfolding as a complex pattern.
Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market.
Cycle II (black) Structure - Double Flat
Dec 2017 peaks and down until Dec 20189 bottoms - Cycle II (black)
Primary 1 (blue) Sequence - Impulse
Break-out and confirmation of a bullish sequence.
Primary 2 (blue) Structure - Correction
Descending Channel unfolding within a complex sequence.
Next expected swing
Bearish Structure, with Golden Ratio confluence.
Dominant Trend
Bullish Impulse (Rally) presenting an Extension towards 35K and then beyond.
Structure Change
Bullish break-out from the Descending Channel (least likely).
Bitcoin Trading | Sell & Buy Orders | Elliott Wave
Market: Crypto (BTC/USD)
Bitcoin Trading has become more and more "attractive" lately, even for those individuals who have no real clues on what it truly is.
I remember several times when "rookie crypto" traders all of the sudden jumped into these markets.
It did not turn so well for them. For me and others it went according to the "master plan".
Honestly, I can state that BTC/USD is playing a major part in the "New World Order", and it's most likely destined to become something of the future.
For now, we're just "rolling with the punches" and dealing with all these regulations/obstacles, which, in my opinion, are just acting as a "cock-block" for something that's really destined to change the world once the fiat system will fail.
Million BTC question?
Will fiat money fail?
At one point it will, and it's destined to.
I have shared my theories on the Great Financial Crash previously.
That article observes global Indices and the inevitable depression.
Market Crash Cycles | Indices | Elliott Wave Structures
The BTC/USD Bull Market
A step towards the million BTC!
Where are those buy-low & sell-high levels for BTC/USD?
Bitcoin Trading can be pretty demanding and sometimes challenging when it comes to selecting the levels or taking a decision.
Honestly, despite other sectors, this market has given me mostly clean and clear Elliott Wave Patterns.
This is obviously due to the fact that the "big players" do not have monopoly on this asset yet, but they are trying.
Keep this question in mind, I will revert below.
In case you are wondering if I have what it takes, you might as well run through my history with this "gem".
I've been able to call the BIG rally, and then the Feb 2018 "bear claw", but one important question is:
Was I able to call the bottoms for the Crypto Market?
"Easy as pie", shared it on a silver platter.
First I was getting ready for the last drop before the "radical".
Bitcoin and the next Crypto Bull Market
Then I acted like Santa:
Bearish Santa & December's Trends - Christmas Gifts
And what do you know, the "bull horns" came out shining!
Oh yeah! I've been riding this meticulously.
Let's roll back to the main topic and the trigger points in Bitcoin Trading!
Bitcoin and the Accumulation Cylinder
The Crypto Market bounced back back in Dec 2018 and BTC reached almost 12.9K. What a ride!
Since 26th of June, 2019, BTC/USD has been retracing is what appears to be a corrective structure.
I am labeling the current bearish structure as a Double Three (Double Zig-Zag), located in a Primary Degree wave 2 (blue).
Bitcoin Trading | Technical Analysis | Elliott Wave
BTC/USD has been labeled in a Double Zig-Zag, which has been unfolding ever since late June 2019.
The charts have been sending me messages with their mathematical and natural Fibonacci sequences.
From what I can see, BTC/USD could be destined for more weakness ahead, before the BIG "game changer" that most are keen on.
Let's break the technicals down!
That's what you're here for right?
BTC/USD - Weekly Chart (picture)
BTC/USD (weekly) has been labeled within a Cycle Degree wave II corrective sequence, unfolding as a complex pattern.
Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market.
Cycle II (black) Structure - Double Flat
Dec 2017 peaks and down until Dec 20189 bottoms - Cycle II (black)
Primary 1 (blue) Sequence - Impulse
Break-out and confirmation of a bullish sequence.
Primary 2 (blue) Structure - Correction
Descending Channel unfolding within a complex sequence.
Next expected swing
Bearish Structure, with Golden Ratio confluence.
Dominant Trend
Bullish Impulse (Rally) presenting an Extension towards 35K and then beyond.
Structure Change
Bullish break-out from the Descending Channel (least likely).
Note
BTC/USD (weekly) has been labeled within a Cycle Degree wave II corrective sequence, unfolding as a complex pattern.
Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market.
Cycle II (black) Structure - Double Flat
Dec 2017 peaks and down until Dec 2018 bottoms - Cycle II (black)
Primary 1 (blue) Sequence - Impulse
Break-out and confirmation of a bullish sequence.
Primary 2 (blue) Structure - Correction
Descending Channel unfolding within a complex sequence.
Next expected swing
Bearish Structure, with Golden Ratio confluence.
Dominant Trend
Bullish Impulse (Rally) presenting an Extension towards 35K and then beyond.
Structure Change
Bullish break-out from the Descending Channel (least likely).
Trade closed: target reached
Double Three structure complete.Bearish Targets reached.
Trade active
Going long BTCUSDNote
BTCUSD pattern extending its complexity into a Triple Three.
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