BTC having a hard time staying in a ascending game and has bounced back down from the old descending trend. Rarely to see, I has created 2 "Diamonds" that are not common in a descending trend. BTC has not have any signs of consolidation which gives the idea that the downfall is not over yet. If BTC gets caught inside the FIB Time Zone 3-5 then we will probably see a fall back to the 9k leves. We will find that out in a couple of days.
Good luck and don't forget to take profits.
Disclaimer: This is not intended to give any financial advice but to offer an educated opinion.
Save your money and ladder buy in the dip. Enjoy.
If you have benefitted from my Charts please consider supporting me.
You also said long to 13k and we”re at 8.5k. ;-)
And that’s all cool.
To be a savant tho - because you do issue a lot of flip flopping posts - that make your ideas a lot less tradeable and frankly confusing.
Question is which will we see first circa 10k or your 5.5k. Or do you think we go down in one go now?
I go for the former. Tho not sure we even get to 10l. But whatever was support is now resistance.
And to be fair Ari Paul said long ago 2018 would be the year we see both 3k and 30k. I’m with him.
To summarise. Can you make a tradeable call?
For educational purposes only ofc.
Bitter erm maybe I was last Tuesday. i was so impressed - with the certainty it imposed so i followed your call for 13k by closing my short and going long. Anyways i got back to short soon enough, which i've just closed noting your wedge chart. Maybe too early But - we've got to be due a breather in the next hundreds of points back upto the resistance (which was support) and i dont want to be trampled in the buyback, and low vol into the weekend. hopefully i can short again higher up.
My work, not that i have to provide it because I'm not the one publishing (and so seeking comment), is the age old crash pattern. i look for exhaustion from Elliot (ie in the majors and then the secondaries) and then the pattern. Look at nasdaq 00, we are at about Dec on a 4H BTC chart. look at BTC 2013/14. same. ETH is puzzling I thought it was Aug but maybe Oct - depends where it rallies to next.
Issue, and why i look to posts is an early reversal from the predicated 80% fall. Think HSI 1994. But also BTC rallies can be vicious, they hurt but could also be profitable.
Your calls/ education for me as I say is a bit too vague and flippy floppy. last week it was 13k, was it then 9k then 15k now 5k - all in a week. I get one has to react to changes in the market - but err. you post in Spanish too right. i think you are/ were long on that chart
As I say Im not meaning to upset you - Im just asking for some more clarity. Entry, SL, TP. You know the usual stuff that someone can be assessed by, else calling such ranges you are bound to be right, but it wont have been profitable for you or anyone else. and then whats the point.
if its to educate duffers like me then i really appreciate it, but for feedback i would like a bit more clarity please.
Again I hope I haven't offended you, and no we dont know each other and I'm not trying to psych you out. I'm sure you have something very interesting to say - I just dont think I'm getting it and would like to.
As for your request, my charts give you entry and targets. They basically tell you, enter only if this or that happens.
I have a group where I interact with people and they know my trading strategy. This charts stuff has been nothing but a headache with people laughing at me. I told people BTC will hit 9k when it was 14-15k and I got nothing by haters. I said I will hit 5.5k and same happened.
And for all that: my charts are to give and educated opinion. Lol
You didn’t upset me, I just thought you were someone who is obsessed with me and always looking to make me feel less.
I’m not the one who usually updates charts till the cycle is completed but the constant request of updates has made me trip more than once.
Thanks for your clarification. Join my telegram group before link is gone. I’m not paying for pro membership lol :)
I do like your charts, I dont know at all how they work - would love to learn
They seem to show the rhythm quite well just not the telemetry
how do I join your telegram group? I'm not paying either lol
Some of the calls out there......
Seems like we are both in agreement really - market hasnt bottomed yet
But we're both in the same boat of trying to be a bit too clever and trying to finesse moves, which for me at least costs profit
Woah - here comes the charge, maybe it gets you out of trouble on your long