Bitcoin to continue its Megabull towards $333K by February 2022Hey all!
I have been extremely busy at the personal and business level but I found free time to update you all on my thoughts on what happens next for Bitcoin following the approval of the first US Bitcoin ETF! For those who have not subscribe yet to my chain simply hit that Like and Follow buttons to receive the latest notifications/updates.
If you are wondering if you should purchase/buy/long BTCUSD here at $58-55K, I would say YES since it has retested the ATH and I have actually called the pull back from the ATH at $64-66K back to 57-55Ks a while back (my followers had that info a while back).
I believe that you or anyone could still make roughly 400% gains if BTC goes from $62,000 to $333,333 by February 2022 based on my fractal. How could it be possible you ask?
Well thanks to first US ETF being approved for trading, there is a lot of "smart" and "dumb money" flowing into the Crypto Market, more than any other Megabull run market we have seen in the past as the world embraces digital currencies through mass adoption.
Anyways here is what I expect in the incoming weeks:
1. BTC to bottom at 58-55K and run to $85-87K by December 2021
2. By December 2021 BTC will have a sharp sell off for tax harvesting/loss down to retest previous top holding as support at $68-66K~
3. BTC will bottom at $68-66K and will for the first time in history extends its Megabull past December into January-February
4. BTC will put a final Megabull top in February 2022 at $333,333
Looking distantly ahead at the next bear market of 2022-2024, we can expect the final bottom to be at $120,000-100,000 which would be our potential buy/long target then! The worst outcome would be a bottom at $81,000-75,000 but that's unlikely in my opinion.
Best of luck and happy trading!
Carl M.
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The timing accuracy on my earlier BTCUSD Megabull fractal is mind blowing here (click play) and were still on track!
February
Bitcoin potential falling wedgeBitcoin could form a potential falling wedge.
It could as well as break upside as each triangle breakout as it could range lower for the whole February month like in 2017.
If it ranges between 27,000$ and 30,000$ for one month, it could finally touch the SMA 100 which is a crucial support in a Bitcoin bull market where it usually bounces back, recovers, forms a new trend and reach a new potential ATH.
For traders this is a good period to Swing and/or Scalp and for holders to do a DCA and accumulate more bitcoins.
Litecoin BreakoutLitecoin is having a Bullish Cycle with an Elliot Waves Pattern . This also is Supported by its Fundamental Analysis .
Lite Pay: twitter.com
When does LitePay launch?
Litepay is on track to be released on February 26, creator of Litecoin Charlie Lee said on Twitter.
It has been called a “game-changer for Litecoin” by Palwasha Saaim, a Research Analyst at Lombardi Financial.
She said: “It would allow businesses to accept Litecoin without worrying about price volatility.”
Retailers do not have to worry about price volatility because the payment can be converted into dollars immediately.
When businesses accept the cryptocurrency at a given price at a given time, they will be paid that final value - they do not have to be concerned about any price changes.
Next Buy Zone: $205
Target 2- $285
Target 3- $320
Stop Loss- $195
BITCOIN ( I MEAN BITCON) TO GO LOWER LOWS 9/2/2018Please take a look and not much to say other than you can make up your mind, if there is anything i'm missing please do let me know, otherwise to me for my own advice im not going into a trade until it hits the lows and then im moving in on the trade, but never the less thats my thoughts---------
Bitcoin Mid Februrary Alternative CountHi Traders, this is my Bitcoin prediction until mid February.
The yellow tunnel must hold until mid Februrary. Buy options for long term in the green boxes.
White line is how this chart could go, pushing edges trying to break at all resistenses.
Blue lines are previous resistentes, which in another way act as a support.
If this yellow tunnel breaks - sign of a very bullish uptrend!
If the blue line breaks, 100 moving average -aign of a very bullish uptrend!
A break is confirmend when a full candle on 1h chart is successfully closed completely above key level.
Either way - its going to go up! Great buying opportunity at all these levels.
Good Luck!
Whyking
Bitcoin Analysis until mid FebruaryHi Traders, this is my Bitcoin prediction until mid February.
The yellow tunnel must hold until mid Februrary. Buy options for long term in the green boxes.
White line is how this chart could go, pushing edges trying to break at all resistenses.
Blue lines are previous resistentes, which in another way act as a support.
If this yellow tunnel breaks - sign of a very bullish uptrend!
If the blue line breaks, 100 moving average -aign of a very bullish uptrend!
A break is confirmend when a full candle on 1h chart is successfully closed completely above key level.
Either way - its going to go up! Great buying opportunity at all these levels.
Good Luck!
Whyking
LISK going into FebruaryAnother good coin to buy is LISK
It had a nice run up to long term resistance trend en is now consolidating
It also has a rebranding end of january + LISK CORE 1.0 launch
LISK getting ready to blow up
A break of long term resistance trend will give us a buy opportunity
Good luck!
Connors' Price Action Analysis // GBPUSD LongHi traders.
GBPUSD is currently forming a strong short near the 24128, its very likely expected to stay LONG for the next 3 or 4 hours, which can make us profit between 140-170 pips, because thats what I aim for. I care about pips, not profits as most traders do. Its what brings me money in long term.
I will be updating this chart as time goes by. It'll surely be a good trade. Stay tuned!
MONTH IN REVIEW: FEBRUARY 2017Hi traders,
There are hundreds, if not thousands, of trades posted on Trading View every day.
Some are hunches of what the market MIGHT do, others set definitive entry points and profit targets, and others anticipate the completion of certain patterns.
But how do we separate the wheat from the dross?
I want to be as transparent and accountable with my trades as possible. This is why I've started to make a diary of all my trades and a monthly review of how successful (or unsuccessful they were).
This will help ME to review what went well and, more importantly, highlight areas where I can improve for the following month. It will also help YOU, the readers, to hold me to account and determine how reliable my trade set ups are.
So how did I do this month?
Number of trades taken: 8
Number of ideas posted: 12 (3 educational, 9 trading ideas)
Successful trades: 7
Unsuccessful trades: 0
Entries missed: 1
Trades still active: 1
So here's a breakdown of the trades I've taken this month:
Trade 1:
NZDUSD SHORT
+162 pips
Trade 2:
AUDUSD SHORT
This trade is still active
Trade 3:
EURNZD SHORT
+100 pips
Trade 4:
AUDNZD SHORT
+100 pips
Trade 5:
EURNZD SHORT
+60 pips
Trade 6:
EURJPY SHORT
This trade was successful but I missed the entry because I was asleep. You can't catch them all!
Trade 7:
NZDJPY SHORT
+100 pips
Trade 8:
USDJPY
+50 pips
Trade 9:
USDCAD
+50 pips
TOTAL PROFIT/LOSS: +622 pips
ACTIVE TRADE/S FLOATING PROFIT/LOSS: -16 pips
What I've learned this month: If the market is bad for a long spell, it's OK. All you need is a few good trades a month to reach your profitability goal.
Happy trading everyone! I hope you've all achieved your monthly goals.
AvidTrader
Connors' Price Action Analysis // EURUSD ShortHi traders.
EURUSD is currently forming a strong short near the 897, its very likely expected to stay short for the next 2 hours, which can make us profit between 140-170 pips, because thats what I aim for. I care about pips, not profits as most traders do. Its what brings me money in long term.
I will be updating this chart as time goes by. It'll surely be a good trade. Stay tuned!