This is my primary count now. Moon bound! Good luck, do your own research before committing.
Above is what can happen is it follows through with that Head & Shoulders. IF SO, accumulate! If not, we will head to 12K then most likely 17-18K! Having some cash at all times is great because this situation would be a win:win. Instead for most, it's HODL: win. Good luck
We are at this point following the inverse head and shoulders formation nicely. If so, we will most likely reach 16-18K. However if we fall below 10K then 9.5K, we will see a major sell off to 5K then 3K is very likely to finish the 5th wave!!!! This is why having a little cash 5-15% doesn't hurt to accumulate in these times. Do not worry as we will see a giant...
My last post about a week ago represents how it can break out with the inverted head & shoulder formation.. However, this is what could happen if the RS is not completed and it just falls from the 9.2-9.5K range. IF we see the Right shoulder, we will have a break out to 17-18K. BUT if no right shoulder, that means the 12345 correction was false and the one...
If BTC breaks above 9.2-9.4K resistance, we are headed to 12k!! At 12k, we will most likely see a correction back to 10k. This will depict a very clear visual of an inverse HS pattern, which is very bullish!!!! However my primary count is still 5.4K if BTC cannot break above. It's the weekend so drink a beer and HODL. If it drops below and heads to finish the ABC...
BTC still within the APEX I have put out since my first post. If it does not break above 9.2-9.3K, it is an ABC correction. However above 9.2-9.3K, a break out will occur to 10-11K! I will be bearish until it breaks above 12K but I have been slowly accumulating again. Do not worry HODLers, we will all moon soon like never before! As always, do your own due...
Looks like it's still on the right path and headed to 9.2-9.3K, but be very cautious when it approaches that level. Either it will break out above 9.3K or come back down to complete the apex. Be mindful and God speed.
This is an update from my previous 2 posts on BTC. Target: 5421 but we may bounce up near 9-9.3K before that final wave down. RSI looks like a turnaround and sellers are slowing down. Like always, do your own due diligence. God Speed
My previous post was when I placed 80% of my holdings into cash to buyback near 8K or less. It has been going exactly as the elliot waves have planned! I believe that we will hit 8K very soon and possibly due to some more panic selling reach 7K and 6K LOWEST. Once this Descending Wedge pattern is complete, many Hedge Funds and Banking institutions with strong...
I am extremely bullish on BTC as well as the global market capitalization of total coins in the cryptocurrency market. Due to technical analysis showing a clear Descending Wedge pattern that is yet to be complete, I believe Bitcoin will go as low as $8,000 where I will be buying back in. Fundamental events such as Tether and Bittfinex printing massive amounts of...