diewithoutregrets

diewithoutregrets

the total crypto market cap look like it has completed a complete 5 wave macro cycle. considering the uncertainty of the coming trade war. it is possible the market has already topped and we should be seeing a deep correction in the coming months. it also note worthy to consider that GOLD, nasdaq , SNP500 and dow jones are forming the same market structure. Will...

diewithoutregrets

long

diewithoutregrets

btc broke down from our previous triangle and has confirmed our 5 wave cycle top. its currently at high timeframe supports and looking to push again after making the first correction down. we could see a push to mid 11s or possible high 11s to retest the previous triangle and resistance areas. failure to broke above that and turn to support would possible mean a...

diewithoutregrets Updated 

btc is currently ranging between 12000s and 11100s. currently trapped in what looks like a triangle. a breakdown from this range would confrim a 5 wave move up and this cycle is correcting. a breakup on the other hand would mean this cycle move up is not yet finished and we will be going up explosively to retest 13000s sooon.

diewithoutregrets

btc is currently facing strong resistence at 6700 levels with the 50DMA blocking the way, it is currently overbought on higher timeframes and would more likely retrace to T1 up to T3 before doing another attempt up. if btc pumps straight to 6800/ 6900 this would give more incentives for the bear to short the overbought RSI it and would leave the bulls not much...

diewithoutregrets

we might be seeing this play out this month, considering we still have one futures to close by the end of the month, if we cant do a mini bull rally within the week. btc looks so weak we might hit the 0.78 fib at low 4000 levels soon

diewithoutregrets

when permabulls become bearish and come to the party late. BTC does the next best thing. we might test lower lows of 5500 before bouncing or the bounce has already started. check the RSI bullish divergence and the price action from april lows

diewithoutregrets

april price action and june price action startign to look eerily familiar with bullish divergences showing up on the daily

diewithoutregrets

looks bad for btc if it gets rejected at 6400 levels

diewithoutregrets

C at 0.618 fib extension ends at the horizotanal trenldine of 6400 very which is very strong and at the tip of the descending triangle. a rejction there means we are going to lower lows

diewithoutregrets

pretty easy and simple $BTC #btc chart from the daily. bullish divergence showing up but still in teh middle of the descending triangle. break 6400 and we run up. fall and we drop to the apex in sideways action for the next few days

diewithoutregrets

this bounce is going for a bear flag. another boring sideways action for the next few das

diewithoutregrets

if btc holds on this horizontal support and 2.68 fib line then expect abounce on the green box. if it drops then aim for 3.68 fib

diewithoutregrets

after going on a tear ada is retracing. looks like its about to finish. this would be the best time to buy the dips

diewithoutregrets

heres where i see btc pulling back. hidden bearish divergences on the 4H chart and prices has been climbing and being pushed into a wedge. also a leading diagonal wave 5 just ended. if you backtest your history everytime btc stayed up at around 60 ris levels on the 4H chart it retraced around 300 - 400$

diewithoutregrets

this should be the bottom. once it reaches there it will bounce and form an inverse head and shoulder for a bullish pattern to the top trendline

diewithoutregrets

looks like btc going down one last time to 6700 - 6800 region in the next few days before we start our climb to the moon. ABCDE correction starting to play out from the 20k high

diewithoutregrets

doesnt look good :(