djmorsey37

djmorsey37

Chart is self explanatory, a break of the upper treandline would be invalidation of this idea, until then 2300$ BTC is still a possibility

djmorsey37

the chart is self explanatory, if it breaks the upper treandline, it would most certainly be invalidated.

djmorsey37

as simple as I could make it, I'm sure it could be simplified a bit more and even go the other direction, however this does make sense

djmorsey37

should we wind up correcting 83% from the top of B a C wave would end up in the 2300$ range, if this decent to the downside provides a 32% drop here it would be a good indication this would happen given we're in a bear market. long term.

djmorsey37

I'm expecting a 30% drop in price once the 50 and 200 cross again like they did march 31 2018

djmorsey37

Looking for a break upwards here on RSI, two hours left on the four hour, I"m expecting some downside price action as it may get rejected off of the 50 MA, if this does turn down I would expect on MTF price to reach down to 9350Ish

djmorsey37

BTC could possibly go to 6300$ before a major bounce

djmorsey37

hope you all caught the short a week ago.

djmorsey37

BTC this could explode

djmorsey37

last night at midnight got the Votality Calibrated ATR signal on the four hour, this in the past has been an excellent signal to long the back test. I am Currently Long BTC and am not expecting a drop below 10500$ usd just yet , until we hit 11800$ usd first, then a possible correction, will wait for further indication of price movement

djmorsey37

yesterdays NVT signal was into the light blue line, I believe this is a strong buy signal this AM, and moon time to follow

djmorsey37

SON OF A !!!!!!!

djmorsey37

A break and stay below the light blue line means we are still in a bear market correction and price will substantially drop from there.

djmorsey37

I'll be looking for a break, or retest of the 91.7 NVT mark, should it bounce in that area, I will be long, a break would signal more downside to me

djmorsey37

Currently long due to NVT channels being broken to the upside, not sure how long it will last, but am targeting the 11800 range (high) eating for a 10 and 20 MA cross to confirm, info cross occurs, I would expect some price action to the downside

djmorsey37 Updated 

Whenever we have a major trend changed the downward side we bounce off this line, expect a serious bounce around 94 on the NVT and not until it touches this line,

djmorsey37

Projected target hit just below the 10129.94 range.

djmorsey37 Updated 

Should the previous fractal play out can expect $12606 area, if not, we go down to 8500 stops in place.