Bitcoin_Lynx

Bitcoin_Lynx Updated  Jun 15, 2020

As long as we are trading under 10050$, we're tagging this impulsive move as ''B''. So 8000-7600$ area should be expected. ALTERNATIVE SCENARIO; If it manages to surpass 10050$, then we can consider this move as v of 5 and then we'll have a considerable pullback. The rational strategy is too wait and stay neutral for 1-2 days. Watch RSI trendline and volume as...

Bitcoin_Lynx Updated  May 29, 2020

Dear friends, As of today, my primary count is still valid and it is bearish; However it seems like a very nice bullish triangle is loading as well. Considering stock markets situation I recommend you to wait to have a clearer view. So please keep both counts in mind. Thank you.

Bitcoin_Lynx May 14, 2020

Volume is weak, stock market is weaker. I don't think bitcoin will have enough power to make another push to 12000$ before any pullback. So my primary count is; 5-3-5 or 3-3-5 format pullback. 7650 is a mid-support. Let's see.

Bitcoin_Lynx May 14, 2020

Volume is weak, it's running out of steam, so a pullback to fibo levels around 6000's is highly possible. Once triange is broken after E is finished, then new all-time high will happen. INVALIDATION: If Bitcoin manages to surpass 14000$ without any considerable pullback, then this count is invalid