Murreymath
BTC ( LIFE TIME ) Here is my life time ( longest term chart that can be practically mapped )
Next major low still projects to be near $8000. We have no support at all for the upper half of this enormous wave form. The $7788 November high is the only structural peak to gain support from in a historical context. And it is not much to look at. $5042 looks better. In any case. I see no way to make a new high, before more structural support is added to this wave form. So it must be at lower prices that this structure will come from.
Lifetime fib of 62.5% is also down there. ( white box , bottom line ) So is a huge lifetime trend line ( purple line ). That in a bullish new high future higher than 20,000 scenario requires we bottom ABOVE this life time trend line not AT it or UNDER it but ABOVE it.
Additionally the 50% life time fib ( white line middle of box ) has been violated more times than a $50 h@@ker. The 50% line is weak. It would be a Quadruple bounce if it held again. Don't see to many quadruple bounces.
That being said, we are oversold momentarily and have a lot of bulls just dying to jump in and buy low. They appear to be releasing their capital now. I believe they have enough of their life savings left to get us to $14080 or so. Then reality will hit. And we will sell to $10914, and then.....
All bets are off till we get there.
I am of the idea we will just blow right through it hot knife thru butter style, but that's a ways away for me to discuss in any meaningful detail.
If she blows the $9200 lows then $7800 - $8000 is my catch zone. I would convince my grandparents to buy crypto at this level if we see it.
I am posting this in a 3 chart series.
Daily candles
64 minute candles
16 minute candles ( on going )
Please post any questions you may have,
thank you and good luck!
The Sun never sets on the BITCOIN Emplire ( BTC ) The Sun never sets on the BITCOIN Emplire ( BTC )
The sun is rising into a new day.
Buy BTC now in the pre dawn hours at $11,092.
Or later on dips back down to $11,100.
Next target is up + $1400 to $12,500
I am thinking $15,000 to follow that for next strong resistance.
Bail out / stop temporarily below $10,650.
Will update chart if stopped.
Or if it looks eminent.
PM me if anyone has a question.
Thanks and Good luck.
BTC - BITCOIN NOV 22 2017 - TOP? ANOTHER BTC ECHO DIP IN THE MAKING
This $8349 number looks like the beginning of a large wave 4 sideways move. If so, expect a $400 - $450 sell off back down to $7750 in the next few hours.
If it is just a wave 4 correction, expect near $7750 low to be a great buying opportunity for the final 5th wave to take us back up toward $8750 - $8600. From there I will look for a more meaningful top.
Breaks of 7750 would indicate that $8349 was THE top. I don't think that is the case, but keep that in mind. If you choose to go long. Dont stick around on breaks of $7750.
Pm me with questions. Thanks and Good luck!
BTC BITCOIN - shorts have been covered at a loss I had to cover my shorts at a loss of about $300 per coin. Not good.
But it looks as tho prices will move a little higher.
I may try my hand at some longs at each of the MM lines up 3/8ths and 5/8ths.
But nothing loner than a few hours at a time.
90 - 95% of the long move has been had on this wave and I await $7815 and $8130 to establish more shorts for the
next few weeks.
If you have questions PM me.
Thanks,
Urban
NEO / BTC - MON 11/20/17 REVIEW - READY TO RALLY, ALL ABOARD!In the previous chart I was discussing the need for the market to return to retest this key support line.
Now that it has occurred.... only two options remain.
1) rally to the target zone .078
2) a break down and stop out. .037
Well hope its the 1st option.
Good luck.
PM, with any questions
BTC - BITCOIN - DRIFTING TO A YEARLY TOP ?As has been my theme for many weeks, we are looking to make a top.
It keeps gettiing pushed higher and higher.
Currently these are my targets.
One could be long into these targets,
taking profits on each surge to be safe,
we are near a reversal.
PM if you have questions.
Thanks,
Urban
BTC BITCOIN FRIDAY 11/17/2117 9:47 CST - MAJOR SUPPORT BROKENBTC IS ON THE ROPES.
IT HAS BROKEN 5-6 SUPPORT LINES ,
AND HAS ONE LAST SAFETY BLANKET - THE 264 DAY SMA ( SIMPLE MOVING AVERAGE )
I HAVE SET UP A SHORT AS INDICATED.
ITS ABOUT A 50 / 50 CALL FROM HERE
AS BTC IS SAFE WHILE ABOVE 7500
BELOW 7500 ITS IN MAJOR JEOPARDY OF BEING SHORTED TO DEATH.
MY NEXT TARGET IS NEAR $6300 OR SO.
SO JUST A SMALL WARNING - LIGHTEN UP ON YOUR LONGS,
OR SELL YOUR LONGS
OR GET SHORT.
I KEEP USING NEW HIGHS OR NEW HIGHS PLUS ABOUT 125 POINTS AS MY STOPS.
GOOD LUCK.
PM ME WITH ANY QUESTIONS.