AGIBTC : Buy After Pattern Breakout.AGIBTC : Buy After Pattern Breakout.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
Btcbullrun
BTC Bull cycle is near. Latest end of 1st quarter 2020As I have pointed out before we're coming closer and closer to a possible bull cycle. Probability of BTC not going to a Bull cycle is unlikely. Considering the oscillators showing at oversold levels and Elliott Wave Count which we're also currently at 61.8 golden ratio. It's still possible this is not yet the bottom. But the maximum for me is by the end of 1st quarter 2020 of BTC going to a bull cycle. Let's remember the end of the great bull run of BTC was 2017 December. Everyone converted their BTC to fiat, considering it was december and the holidays. And BTC bottoming at 2018 December as shown at the chart above and 1st quarter of 2019 made BTC pump to bull cycle. It's now 2019 December. And the January effect as the same way it happens to stocks/equities can also occur again not just for BTC but the rest of cryptocurrencies.
Do note that we're also 12 years maxed already for a recession or a collapse of the global market particularly equities. Everyone recession shows that it occurs every 10-12 years. And BTC showing as a hedge for global meltdown is highly possible. CONSIDERING it was debuted during the 2008 housing bubble that crashed the world market.
Still feeling great about my BTC projections.Key positions for me:
$6800- opening a small position and waiting to see if we get a lower break
$6400- again waiting for a lower break if we find support here
$6200- opening a strong position but keeping some aside in case of another dump
$6000- my golden buy zone. Ill be monitoring it around this area and even going to try to see if I can catch a lower wick at $5800.
As you can see my chart is not about riding the ups and downs of bears/bulls. I'm looking for huge longs, 2x-3x gains and Bitcoin on a MASSIVE yearly scale. A longer wait for returns but with very little risk if any at all.
I put this to the test once a drew this and ended up shorting the coin over $3,000 after the bears started bleeding. I'm feeling very confident about my projections just take a look at the chart. How can we not expect huge returns if we are purchasing $7,000 or lower?
The real question is how low can you open those positions? ;)
-CosmicMatter
Feedback and constructive criticism is always appreciated.
BTSUSD : Up up and up after Oct 6-8th The bear although in temporary control for next few days, seem to be steeming off in the global picture of Bitcoin.
Long term BTC analysis, seems to suggest the red path. Breakout expected around 6-8th Oct. Accumulate as much as you wish. See you at 18K. Or what do I know? Stop loss only if BTC falls after 8th Oct.
Not FINANCIAL Advice! Probably a Moon Advice!
$BITCOIN IS TARGETING 9800 $As we can see on this chart; if we consider that bitcoin is forming a falling wedge ( watch my previous idea), it may reach 9800 $ in a few days or weeks. It has more chances to hit 61.8 % of Fibonnaci which represents 9363 $. If it goes higher, it will hit 9808 $ according to the Fibonnaci (78.6 % of Fibonnaci.
$BTC Wait and Buy ;)As we can see here , BTC made a breakout the little triangle that it formed the last few days. It's now going to reach a strong resitance and bounce because, a descending wave has to be in 3 steps: A fall, a pull back (1) and a last fall.
Why the 7200 ?
Because it represents the 61.8 % of Fibonnaci, most of the corrections end when this level is reached.
Then $BTC will start a new bull or loose its volatility for a few months berore the Bull Run can start.
HMMM..Bitcoin....buy time may be here target 10900/11kalright. it dropped. made an ascending triangle, and dropped to support.
so it looks like this, but...i am thinking more about going up to 10950 until next 23rd.
as mentioned, everything in plan, 3d ichimoku support is very strong. so i think, since it is supported by the cloud, and also closing above conversion line, it will test the triangle resistance at 10.9k. it could fall short, also,
so if it breaks 9800, more likely 9900, this trade plan was worthless, it could breakdown to further further, in november.
but, until now, it is in the verge of where, bull run start, or bear run start. i give vote to bull run, since, we have
made all resistance supports, and especially 3d cloud was never broken down when it was supported on the upper clouds, looking back at history.
so i think, buy now levels, until 10150/10180 zone, and try to hold until 18~19th, and we need to see if price
can break up at that period over 10300, because 20th, 21th seems, too long, then we have to worry about fall and sell.
so until now, people talking about descending triangles, it will go to 6700, or 5000.. yes i note that. not impossible. but, this is a situation where, the chart has converted like 80% of all bear signals to bull signals,
and 20% yet bear signals. people talk about fractals, and 20% bear signals that it would go down to 6k.
but in reality, we are supported by 3d ichimoku cloud, and for that bear signal to happen, breaking lower then 9800 is key point here.
until that happens, we have to think about repeating history, what it did in 2016. as for now, it is almost the same.
so price goes to 10.9k~11k, retraces to 10100~10400, consolidate and bull run in october, or november. that is
what i think,, as for now. if we dip below 9800, my bear plan strategy will be in play(but for that matter weekly 21 ema is 9300, so...we have to see that too).
so next few days are key, stoploss should be tight at 10150 area, i supposed 10070 is fine, because it can hit 10150 and bounce hard.
good trading!
BTC Dominance : Bull VS Bear Run. Who's stronger ?Speclation about BINANCE:BTCUSDT is always confusing for a new comer to understand what is going on in the market ? To be frank, thats make this amazing cryptocurrency a pain in the @ss for traders. You cant predict whats gonna happen next.
From my analysis, I believe there are two possibillities, Bull Run and Bear run
>> BEAR RUN
If the Price breaks down the line then On 1h Chart,
BTC is likely to print Gartley pattern.
Most likely breakout level is around 10890 - 10750 (1.618) , If this level is not tested then it must lie between 10300-10460.
>> BULL RUN
BTC is haeding towards third wave so if bull run is stronger to destroy gartley pattern then it will going up as it is going.
Bitcoin towards $9400 and $10.000We can see a re accumulation between the middle and lower bb band,the price is making higher lows and if you look the 3d chart there is a hidden bullish divergence, there is also a 4h bullish divergence and almost all the altcoins just bounced from the 50 D Ma and look very bullish.
Violent inverted head and shoulders on BITCOIN on 4hswing-trading-strategies.com
Have a look what is a inverted head and shoulders up !!
Now let's look at our chart and we will have:
neckline to beat at 3200
Don't expect that chart patterns will look exactly one like the other ... the point is to understand where price hit when it goes down and where price hit when it goes up :
According to Fibonacci retracement if we break out from this fast created inverted head and shoulders then we will have resistance at :
3800
4700
5500
BITCOIN NEXT BULL RUNKeep and Eye in this chart, we had fake breakout above downtrend in 2014 then a sharp drop, today's will be equivalent to go about $8200 then a drop close to $3056 on October or November, after that, long accumulation period up to first half of 2019, then bull run starts For this chart to cancel we need to close above $8200 in a weekly chart.. I don't think it will happens, this is just a normal wyckoff cycle