HawkEyE

HawkEyE Updated 

after having our impulsive move up from8k to 8.8k we got our ABc correction and tapped the 0.618 FIB Zone and failed to make any impulses so we can assume that the abc was a W and we know that W can be a flat correction or a zig-zag. We got our X wave up perfectly made a 3 wave move so we can assume that this is corrective and now currently are in a Y wave which...

HawkEyE Updated 

When we look at the decline from the triangle it is looking like a 5 wave decline with the 3rd wave being the longest which brought us down hard and i think we are currently completing our abc up on the 4th wave and have one more leg down for another 5 wave decline which completes our wave 5. This is the primary count and the alternative would be that if we do end...

HawkEyE Updated 

ALRIGHT FOLKS , THE PRICE ACTION IS VERY SIMILAR WHEN COMPARED TO THE DESCENDING TRIANGLE IN THE 2017-2018 BEAR MARKET.PRICE REJECTED THE UPPER TRENDLINE OF THE TRIANGLE MULTIPLE TIMES AND TESTED THE BOTTOM TRENDLINE SUPPORT AND EVERY TOUCH THE TRENDLINE FACED WE BOUNCED AND THE BOUNCES GOT WEAKER AND WEAKER UNTIL WE FINALLY CAPITULATED. WE ARE ABSOLUTELY IN A...

HawkEyE Updated 

ALTS ARE POPPING ONE BY ONE. FEEL LIKE YOU MISSED THE BOAT? CHECK OUT THIS HIDDEN GEM JUST GETTING STARTED WITH ITS RUN. BROKEN OUT OF A FOREVER TRENDLINE AFTER MONTHS OF CONSOLIDATION . WAIT FOR A RETEST OF THE BREAK OR BUY IT NOW AND THANK ME LATER . GUARANTEED 50% RETURNS AND POSSIBLE 90%. RR IS VERY GOOD. TARGETTING FIB 0.5. BOTH MACD AND RSI SHOW A BUY SO...

HawkEyE Updated 

Alright folks This should be the last move up to fill the gaps between 11.6-11.8k , before we breakdown to fill the lower CME gaps sub 9k. We are going on a trendline support and i expect a move down to 10.200's ; touch the trendline and bounce of it to break the 50 Day MA at 10.472 . A break of that indicates a strong bullish momentum and price continuation as we...

HawkEyE Updated 

After an impulsive raise up , we got our corrective Abc pullback and PERFECTLY TAPPED 0.5 FIB , SO I WENT AND LONGED 10.202 WITH 10X. THE REWARD IS HIGH WHILE RISK IS VERY LOW. Stop right below the 0.5 FIB . Targetting 10.471 HIGH AGAIN. MACD Printing Bullish divergence on LTF's ; Do not forget price reversals happen on the LTF. Let's MEWN IT.

HawkEyE Updated 

0.786 should hold for a bullish view . Expecting a retest of the trendline before mooning which also coincides with 0.786 FIB .MACD Looks to get a Bull cross. 21 EMA acting as resistance , Break that and we should shoot up to the 200 Day MA on 4HR. For a Quick Scalp Long 10.112 with a stop below previous candle wick low at 10.057. 5.0 RR. Worth the risk. MEWN IT

HawkEyE

Price has fallen below 21 EMA on Daily which is definitely a bearish sign. Now 21 EMA will act as a resistance and whenever we broke down 21 EMA on Daily , we have almost touched the bottom of the trendline in this never ending symmetrical triangle. So i expect a move towards the blue box before making an impulsive move up.The two main Oscillators i look at are...

HawkEyE Updated 

Two possible scenarios ; Bullish Divergence on 4H MACD as we can clearly see the price has been falling while MACD was rising. 10.1k-10.2k Support has been holding pretty well so i expect a push up to the 0.618 FIB ( golden zone) first as the 10.9k rejection was hard marking it as a strong resistance , and a break of that would get us mega bullish and should be a...

HawkEyE Updated 

10.4k Has been holding Pretty well so i expect a push to the 0.382 FIB level marked as my first target and bit of a sideways movement over there , ranging between 0.382FIB and 0.5 FIB and most probably go test the 0.236 FIB before falling back sub 10k.4HR MACD - BEAR CROSS , RSI - BULLISH. HTF's are BULLISH so 11k is not out of the equation yet imo. Placed...

HawkEyE Updated 

We see this contracting range and we can only think of a beautiful rising wedge , My next target is 11k followed by 11.2-11.4k at the tops before tanking. I closed my shorts from10.8k at 10.650 and opened 10x orders at 11k and 11.3k respectively. SHORT THE CORN OR GET REKT LONGING. MY STOPS ARE AT PREVIOUS LOWER HIGH.

HawkEyE Updated 

I think we see 9.2k as we are still not done with the correction and are currently in a wave 5 of a WXY Before we continue to form an impulsive wave up to test 10.2k or even higher to test the scam wick high's. if i were to play this I would either short 9.850 with a stop above 10.050 , or long 9.2k-9.3k with a stop below 9k or the Weekly 21 EMA at 8976.

HawkEyE

As we look at the daily chart we are forming a huge Descending triangle just like how we did in 2018 before capitulating to low 3k's. So i expect us to move in this triangle for the next month or so before capitulating to lower 7k's , 7.5k to be precise before ending our bear continuation and starting our bull run to new high's. we have been forming higher low's...

HawkEyE

I posted this chart(link below) on August 3rd when everyone was so bullish on BTC and it broke 10k. Crypto Twitter was calling for new high's but i sticked to my bias and posted this chart that we will likely visit 8k region again and here we are closer to my target. The MA's are key indicators for a reason and history definitely plays an important role when you...

HawkEyE

UP OR DOWN? As we look into the PA in the last couple of days , bitcoin formed a symmetrical triangle and got rejected for the Third time at the 12k resistance. IF we were to breakout to the upside we should not break our recent lows (10.653) which would invalidate the upside bias and likely test our triangle lows and support at 11.2-11.4k maybe even the lower...

HawkEyE Updated 

Rejected by the 200 Day MA , currently testing the 20 Day EMA and a break of that we test the 50 Day MA at 219. MACD Bear cross on 4 hour , RSI Printing Bearish divergence. Shorts will be rewarded with a stop at the Range high, A break of Range high and we can look for longs. RR -3.03 so why not. 5x Leverage Shorted it. Let's get this!

HawkEyE

Longed 9.8k wiht 5x leverage but took profits way too early at 10.2k . Quite annoyed that i Missed the run up to 11.8k , Have no positions now just patiently waiting for the trend to show the direction. 4Hr close above the red line is a long and we can target the swing high at 12.9-13.1k . Failure to break the upper trendline of the channel will give us a huge...

HawkEyE

As we look into retrospect when we had our first golden cross ( 50/200 MA Crossover ) on the 3D TF , We retested 50 Day MA multiple times on our run up and it was acting as support all the way up to the move to 19k. It is definitely one of the key MA's to watch on the 3D chart and as of now we are way above the 50 Day MA which is sitting at 7.5k level and pull...