Paranoid_Trader

Paranoid_Trader

time to trade bearish divergence

Paranoid_Trader

Expecting lows in the 6000 range prior to Halving. Expecting highs in the 12000-14000 during Halving event and shortly after.

Paranoid_Trader

Ride the waves ! The market will show us if this is really a -start of Wave C or -start of Wave 5.

Paranoid_Trader

Be careful, this is not a real bull run. We may see a sell off right below 9200 or Bear trap might be in place above 9200 daily chart

Paranoid_Trader

I"m beggining to doubt we will cross 9200. As the waves are about to change directoin in favour of the bears. Take profit 8900-9100. Bear trap may be at 9100-9200. From there we may slide to 5500 Always do your own research!

Paranoid_Trader

Final Blast may start very soon Hit Like and Post a Comment !

Paranoid_Trader

Daily Chart

Paranoid_Trader

I feel very bullish at the moment. A new formation is occurring right now. is WAVE 2 REALLY a WAVE 1? if it is the magnitude of wave 5 is scary.

Paranoid_Trader

This is an update to my hourly chart. We are forming a clean wave 4 pattern. Need to watch it in the next 4-8 hours for a new formation of WAVE 5, that should take us to 9400-9500 range. As always, post your comments

Paranoid_Trader

Possible Breakout to 9400-9500 in the short term, Following Immediate Retraction to 7400-7500. We have to fill 5200-6500 zone before we change the market direction from bearish to bullish on the weekly. When poop hits the fan: -If we don't slow down at 5000 we will see panic, thus 3000-4000 again. Maybe this is the Surprise everyone is waiting for? Don't...

Paranoid_Trader

Textbook Elliot impulse and correction Waves

Paranoid_Trader

Will we see a 15% drop from 7200? Post a reply. I would like to know your opinion

Paranoid_Trader

I've been looking at a daily vs hourly waves and it seems like there's a new trend developing. If you mapped the ellipses right, We may see a low of 6900-7000 and from there we should start seeing some gains. I"m hoping to catch as close to 6900 as possible, cashed out around 7400 Happy Trading! Happy New Year!

Paranoid_Trader

What do you guys think? I've had this idea since this morning

Paranoid_Trader

Hi this is my first post. Thank you for your comments. BTC will restest 7260 and we may see 7160 again.