You can see this is a very long play. My Short from $10355 was very successful and I closed most of it at 5000% ROE on Bitmex. (In the Summer of 2019, 99% of the people I know told me this chart is impossible- but the 1% of the people I knew told me there would have to be something massive to create the necessary fud to cause such a crash. Covid fud happened and...
I should have placed these arrows in too for a visual of what I am expecting. Of course this isn't going to be exact but I show how I planned it to bounce off the fib (purple fibs) and will bang against the upper purple fib before the decline. So I still do expect 1 more upward movement before the dump. Be sure to listen for news because news will trump all TA. I...
On the weekly Time Frame, You will notice this symmetrical triangle created by the 2017 XBT Explosion. Triangles are continuation patterns which means: since BTC was on a move up to create this triangle, let the price bounce around against the walls of the triangle for a bunch of months. Between mid fall to mid winter, Expect a bounce from 4K to 5K and then...
It is way early to call but it sure loos like the right shoulder of a potential head and shoulders pattern. I have been waiting for a 6800 and now this looks like it is most likely in play now. I also have a diagonal trend line from the 20k peak to the latest high of 8491. I am waiting for a 3rd touch to confirm resistance. Then a nice shorting opportunity awaits...
It is very early to call much like my "Largest Cup & Handle Known to Man". This one I called rigt after that massive pump the other day on BTC. I am not saying it will happen it looks like a possibility it would be the beginning of the bull run.
I came up with the idea on January 22nd and to my shock, it is still following the cup trend. This meme magic of truth is coming into fruition. originally, I thought the bottom would be $4k but I have been informed by others that Tradingview user, BigDogg say BTC will go down to $1K. after modifying the chart, It was even more accurately following the trend. In...
