XUANHAIMMOER come back in today ***
Hi guy, keep continuing update about Bitcoin from last few days. I focus on comparing and finding similar action of market with same psychology in history for showing where we are in cycle with evidences.
As many post I show for you where we are right now but today I zoom the chart and declare more detail with Elliot and similar aspects.
I will public again some last post of me with total comparing 2014-2015 with 2018-2019 in below this post.
Now look at 2 different part in above, using Elliot and we are easy to find where we are right now, ok ? ( Remember, this is my opinion I explain in many post before not right now so get it as reference, I do not take any responsibility with your money )
If comparing, we see that we are in the end of wave B and next is wave C - up correction.
We nearly have double bottom in here. In next recent time , we will break up WMA49 and WMA105 and fake break up neck line in 2 similar periods.
After we have fake break up, we have strong dump to the lowest bottom zone. AS this time I predict is 2300 - 2400$ but if wave 5 is extend so we may see the wick of daily nearly with 1900$
So what about the situation if we break down the last support zone in 32xx$, we may have very terrible after that. But as my opinion I vote for pull back before dropping.
RSI in different period also be bull flag pattern and similar.
LIKE and Comment your idea in below this post - Thank so much
~~~ XUANHAIMMOER ~~~
Hi guy, keep continuing update about Bitcoin from last few days. I focus on comparing and finding similar action of market with same psychology in history for showing where we are in cycle with evidences.
As many post I show for you where we are right now but today I zoom the chart and declare more detail with Elliot and similar aspects.
I will public again some last post of me with total comparing 2014-2015 with 2018-2019 in below this post.
Now look at 2 different part in above, using Elliot and we are easy to find where we are right now, ok ? ( Remember, this is my opinion I explain in many post before not right now so get it as reference, I do not take any responsibility with your money )
If comparing, we see that we are in the end of wave B and next is wave C - up correction.
We nearly have double bottom in here. In next recent time , we will break up WMA49 and WMA105 and fake break up neck line in 2 similar periods.
After we have fake break up, we have strong dump to the lowest bottom zone. AS this time I predict is 2300 - 2400$ but if wave 5 is extend so we may see the wick of daily nearly with 1900$
So what about the situation if we break down the last support zone in 32xx$, we may have very terrible after that. But as my opinion I vote for pull back before dropping.
RSI in different period also be bull flag pattern and similar.
LIKE and Comment your idea in below this post - Thank so much
~~~ XUANHAIMMOER ~~~
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We consider in weekly chart
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BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
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If you zoom, the position we are staying so we may see similar big bullish flag and include numerous bearish flag in big pattern like this:
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This is some explain for all you what happen if we compare with 2014-2015:
After ABC correction wave - pull back, we may have downtrend parallel channel with many bearish flag insight. Detail in here
After ABC correction wave - pull back, we may have downtrend parallel channel with many bearish flag insight. Detail in here
Yorum:
We may have Bear Flag pattern in 1H chart
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Bitcoin analysis with trading system
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Going up very success ! Congrate !
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Nearly touched target zone ! Congrateful !
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