I've put the 'Reversal Pattern' (red triangles) fib proportion (0.236) relative to the previous highs they reveresed from and this is what it looks like.
We have completed a 3 wave move now and will head lower, bounce off the 2017 support, a big candle up with a gigantic wick to $1340.
Short, then Long, then short, then MOON.
Looks like it will get very volatile very quickly. Don't miss it and good luck.
We have completed a 3 wave move now and will head lower, bounce off the 2017 support, a big candle up with a gigantic wick to $1340.
Short, then Long, then short, then MOON.
Looks like it will get very volatile very quickly. Don't miss it and good luck.
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Comentário:
TRY AGAIN!
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I like risk!
Buy $910 – Sell $1300
Expected entry date: 2018-04-24
Buy $910 – Sell $1300
Expected entry date: 2018-04-24
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I see this going up much higher sooner, if so, there will be a hard pull back from $1300 or even higher.
Perhaps to the 0.382 Fib level – $1793 as this is a much more demanded 'coin' than it was in 2017.
This is a bottoming process and has become unpredictable as bulls become bears and bears become bulls etc. etc.
I see massive profit taking after the next move.
Perhaps to the 0.382 Fib level – $1793 as this is a much more demanded 'coin' than it was in 2017.
This is a bottoming process and has become unpredictable as bulls become bears and bears become bulls etc. etc.
I see massive profit taking after the next move.
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Looks like we printing another small bull flag here - more upside immanent.
How high is guess work - next Fib level is $1336.
How high is guess work - next Fib level is $1336.
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I'll have to go back and re-size that red triangle reversal pattern - this coin is going to be big.
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Looking like a small rising wedge that will develop into a wider re-trace for now.
I'm out.
I'm out.
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Here is a follow up chart of the red triangle pattern repeated from 2017.
(Pure Speculation, based on previous market behaviour)
RSI overbought - expect a modest consolidation before final spike higher to over expect a FOMO surge then hard re-tracement.
Volume going lower: normal for consolidation before next push.
BTC looks like it will print that bear wedge and reverse with the alts.
Alts reverse harder than BTC.
(Pure Speculation, based on previous market behaviour)
RSI overbought - expect a modest consolidation before final spike higher to over expect a FOMO surge then hard re-tracement.
Volume going lower: normal for consolidation before next push.
BTC looks like it will print that bear wedge and reverse with the alts.
Alts reverse harder than BTC.
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And he posts it in the comments section twice, what a donut!
A word on hope: we all tend to chart the we hope things will turn out, it is difficult to be completely objective and hope is not a strategy.
FYI: I hope that the is a strong reversal for a long position.
Lets see.
A word on hope: we all tend to chart the we hope things will turn out, it is difficult to be completely objective and hope is not a strategy.
FYI: I hope that the is a strong reversal for a long position.
Lets see.
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Updated Long term view AGAIN!
Just wanted to point out the similarities once again.
I moved the uptrend pink line down to the same level as 2017 and it forms resistance here at $1100ish.
I see a final push to $1330ish forming that wick as in 2017 in the coming days.
Then down down down.
Just wanted to point out the similarities once again.
I moved the uptrend pink line down to the same level as 2017 and it forms resistance here at $1100ish.
I see a final push to $1330ish forming that wick as in 2017 in the coming days.
Then down down down.
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Ok, so I'm allowed to change my mind every ten minutes... I bet you do too!
I zoomed out for a little perspective.
Taking the wait 'n see approach.
I zoomed out for a little perspective.
Taking the wait 'n see approach.
