This Wyckoff distribution pattern may play out more or less.
Very simple trend based bounce targets
I know y'all are probably sick of people grasping on straws to find a trendline or moving average that hasn't been broken to validate their bearish view on Bitcoin. But I just noticed that we were rejected by the monthly log trendline, a well as the daily 200 MA and the weekly 30 MA, which are all long-term pivot levels that failed to break in 2014. I never...
Just saw this interesting time cycle that seems to be playing out on cue. Obviously can't go on forever, but will be interesting if it will repeat.
Target around 8.1k if the diamond reversal plays out by the book.
See description in chart
I'm thinking we go sideways for a day or so, then pump to $9460 for a one to one fib extension then stop out the shorts, get the longs all excited, then do a nice deep .618 fib correction to $7400 - $7700 range.
Since my last two psychic predictions for Bitcoin tops and bottoms using lucid dreaming and remote viewing were exactly on point, even thought they contradicted my TA targets, I thought I would share my recent vision for this correction and how I think it may play out. I already know that $6500s was bitcoin bottom (from my last vision that I posted here weeks...
Another 100k trajectory with trendlines.
Everyone is arguing about which factal to use and where Bitcoin is in it's cycle compared to past bubbles. This is what I came up with. RSI and trendlines all match up perfectly. All I had to do was zoom all the way out. My previous TA was saying 5.5k bottom, but after doing this analysis, I think the bottom is in boys. In the short term, I think we'll...
Back in March I shared my psychic vision that came to me while lucid dreaming of Bitcoin bottom to be at $6580 even though my TA told me $5500. During this lucid dream, I requested to be shown the bottom price for Bitcoin for the whole year of 2018 and $6580 was the figure I was given. I shared this vision on here and on other social media. It looks like...
Guaranteed Short profit when we touch the downward trendline in log scale. Only for quick swing trade.
This was a GLORIOUS pump and short rekt!!! But we're not free from the bears quite yet. We broke out of the falling wedge, but wedge turned into a perfect downward channel, so there is massive downward pressure. If we break $8.1k, expect massive FOMO and moon to $9.2k first, then higher.