In the forming bull flag we have major support at the 50% Fib. It;s being defended by the Algo's. There is another inverted Head and Shoulders Pattern forming Rising Volum The Price is above the 21 EMA and the 21 TEMA the TEMA is above the EMA. There is nothing for sure in the world, but the Odds on Favorite is a BUll move up $7,200 and perhaps beyond. Good...
With a return to the median line I'd start to look for a good place to go long. WIth a break above $6.557.00 I'd buy a ticket on the Rocket. It could be time for a ride. A failure to return to the median line, well then I'd start looking for a submarine to ride down to the $4,200 area. The result will be a deep sideways channel for the rest of the summer. Lots...
BTC Should fill the gap and at least go back to the Median Line before the coin descends again, down to $5,800. I'm looking for a bottom around the 29th of August in that price area.
Not sure what is going on now. Jumped right past my stops. DAMN!!
Might be time to scalp some profit on the break above $6,500
Well it was fun while it lasted, $3,500 by Thanksgiving. This ride is OVAH'......
Set a tight stop and lets see. Nice upside if BTC turns at the .618.
If we don't bounce off the .618 Fib line ($7,800) next step will be to retest the previous downtrend line ($7,100). If that fails to support a change in the Trend. See you at $3,500.00 next year. It will be a summer without the bulls. Probably be May of 2019 before we see this country again.
BTC could get a truncated 5th and end with a short C, but I still think we visit the .618 FIb area, perhaps a little past it. Then we turn up for the rest of the year. To go long I'd be in at $7,500 and out at $7,200. Although it looks like a short, short here. Hard Tellin not Knowin.
Sell the house, the car, the wife and kids. BUY as much as you can between $7,800 and $7,400. Watch to see if we front run the golden zone. BTC could bounce before then, based on the conference news. If we break the previous downtrend line. Sell everything, see you in 2019/2020. It's GAME OVER. Bottom will be about $3,000
It's very quickly getting to the point of either 2018 being a very good year or the start of a multi year Bear Market. Looks like a Head and Shoulders pattern is forming. NOT GOOD!!
Reads pretty much like my Litcoin CHart. BTC had an end of the first impulse wave up completing in a 5 wave structure. BTC goes into an ABC Corrective Wave. The A wave has completed in another impulse move down 5 wave structure. Wave B is now complete with The Big Red Dump. So where does Wave C End? .......Look left for structure. I'd layer Buys in starting at...
Still have my buys layered in from $151. to $138. It Looks like the 5 WAVE move down has completed an A wave of the ABC correction. Still thinking we go down into the Golden Zone in the next day or three. If this plays out, and I said "IF". Then I'll definitely hit it hard. This isn't advice, I do what I do, you do what you do. Don't do what I do, I don't know...
Going long at $141.00 buying 1,000 LTC. Time to Retire. The BTC chart is very similar, Consolidation before the the start of the third wave up and the next Bull Run. LTC should do 50 X This year. Buy the Dips sell the Tops all the way to $5,000.00 Working to see a cool 5 million in my pocket before Christmas. "Be greedy when others are fearful and fearful...
Don't miss the ride. Wave 3 of a wave 3 of a wave 3........
Good Entry point here: Buy at the support Line $148.95 Add to position at a break out above resistance, around $151.25 Set Stop @ $147.30 Down Side Risk 1.10% Up Side 11.0% 12%. Watch the RSI for a good time to pull the trigger. Entry and Exits may vary some. This is a game of Probabilities. I'll do what I do, you do what you do. Don't do what I do. I don't...
And Etherium is climbing a stairway to HE'-VAHN.............