Bitcoin
Alış

Ending diagonal is over. Time to turn Bull for a while.

Güncellendi
So we broke that ending diagonal just in time. That means just in time generally and not just in time as what comes to my count. My count was incorrect and i anticipated one more wave set down to atleast 5500. Well it did not happen and i took 5% loss from that nice squeeze. In bigger scale my count is yet valid and you have to have that bigger picture to predict the reasons and price moves in detail. So what will happen now and we are we. I see us in huuuuge B wave where huuuuuge A wave from december 20k to sub 6k levels on 24th june ended. After A wave comes the current B-wave and i see it going right bout Fib 0.5 relative to A. That is in 12300-12750 range. After that comes the C wave which is still unclear where it hits but my concern is that it may not be satisfied with just hitting 5k anymore. So yes, the 5k is coming
In this charts bigger snapshot, you can see the bigger picture of this wave B and it’s ABC subwaves. And on a smaller snapshot below, you can see the current moves.
To be specific:
Purple waves : HUUUUUGEEE wave B’s 3 subwaves A,B,C.
Orange waves: Purple A’s 5 subwaves 1,2,3,4,5.
Green waves: Purple B’s 3 subwaves A, B, C

Targets (only 3 atm, ill keep them coming as we get them along the way):
1. 8630
2. 7500-7700
3. 12300-12750 (Main target)


anlık görüntü
Not
Targets (Im currently long from avg below 8100 ):
Target 1: 7550-7750
Target 2: 9800
Target 3: 9150
Target 4: 12300-12750 (Main target)

We can forget that 8600. No reason to stop there. You can if you want to daytrade. Im already going for target 2 but fueling more to my long at target area 1
Not
Ps. This retracement to 7500 levels is that purple B in the main chart
Not
As our discord members know, chart is sligtly updated but targets are pretty much the same. Game is still on and none of the targets are met. This is the current smaller time frame game im watching and also target update of course and my current status:

anlık görüntü

Targets (Closed long at 8220, going long at 8050ish again before 8350ish)):
Target 1: 7550-7750
Target 2: 9800
Target 3: 9150
Target 4: 12300-12750 (Main target)
Not
Targets (avg 8007 long pos opened. to 8350ish. If target 1 comes first i fill my longs from there):
Target 1: 7550-7750
Target 2: 9800
Target 3: 9150
Target 4: 12300-12750 (Main target)
Not
Targets are still valid. im currently long and closing that long at 8320-8350. Also there is my flipping point to short position. Target 1 is below 7800 but i will start to accumulate my long position from 7950 levels. anlık görüntü

Targets (avg 8007 long pos opened. to 8350ish. If target 1 comes first i fill my longs from there):
Target 1: 7550-7750
Target 2: 9800
Target 3: 9150
Target 4: 12300-12750 (Main target)
Not
Anticipating one more down to 7500-7600 area but i am already long. Updated targets. My DC link is in my profile status ;)


Targets: ( My position: Long):
Target 1: 7550-7750 HIT!
Bonus target 1 (high risk): 8700-8800
Bonus target 2 (high risk): 7300-6900
Target 2: 9800
Target 3: 9150
Target 4: 12300-12750 (Main target)
Not
This is how i see this atm. I got stopped and -4,57% profit. I still see us going up. Already i started to buy at 7325. I have laddered buys 7325->7100 to long. This snap shot is 1 onf 3 possibilities and in any case the worst of them ends in 7100 so i have buys there and StopLoss at 7050. Let's see how this one plays out. No i removed those bonus targets since they are no longer valid. I am aiming straight to 10k (target 2) atleast for now

anlık görüntü
Not
Still feeling bull. But i must admit i have mixed feelings. Im getting a long position from 6820-6750 levels and closing probably at 7300. Let's see how this plays. Targets are still valid until further notice
Not
anlık görüntü

Dont yet give much attention to that C wave. Its existence has to evaluated when we are bouncing back at some point. What is important and how i will try to play this is to go with my 3rd scenario where this is huge A wave going down to 6500ish. There is a clear 5 wave structure. (there would have been also clear 5 wave structure ending at 6790 but that would have been too easy) . So i will start buying at 6520 to just 6490 having SL at just below 6460. I am not ready yet to bury that bullish scenario. We closed our weekly just above the trendline (depends of course how you draw that). I would like to see how next sunday will close. Then make the decision where we are heading.
Not
So currently this scenario has produced -8,86% losses.Currently i am out of position and waiting for entry. I am back to bear and will be making a new chart when i have a clear wave struture. Basically my ending diagonal theory is back in action and we have one more down to near 5k then huge pump up (Somewhere above 10k) and one last down to sub 5k levels. Ill be posting more. More live in discord
Not
anlık görüntü

Still out of position. Im entering short at 6660 if i can do it live and see how it reacts to that level. After that ill aim to short from 7k if that position fails. and last point where to short is 7450. SL:s appr 1% from the targets. This main scenario is wrecked but i will not make a new one until i can be "sure" what is happening in larger picture.
Not
As i tweeted yesterday i wont enter long until 6270ish. I hit nicely in my buy zone that i posted yesterday on twitter but was, again 40 dollars from my target. That is perfectly ok. Im mainly intrested on the short entry now which ill be waiting at 7kish. Ill be posting a new scenario today or tomorrow. This swing scenario made -8,86% loss total. anlık görüntü
Not
BTW next main target is sub 6k
Not
Still schetching this chart but something like this. Dont mind about that C-wave yet. It might hit higher to 5500 levels but most definately it will hit sub 5k during this year. But that is irrelevant now. Let's see if i can make that new chart tomorrow. Currently im stacking my short fills on that updated Sell Zone

anlık görüntü
Not
Not much new to say but i am already gazing towards 7k with 6170ish long position (as twitter and discord followers know) and there is little that can happen before that will rock my world: twitter.com/SenseiElliot/status/1028768483503480833
Not
Will be posting new chart with new targets. Going to look something like this:

anlık görüntü
Not
Tweeted this 8 hrs ago

Still in play

anlık görüntü
Not
Target 1: 6190(long entry) Stopped at 6169. Re-entry at 6170ish. HIT!. Stopped again at 6090! Waiting for re-entry at below 5800. And no HIT. Profits/Losses - 2,56%
Target 2: 6900-7100 (Close long and flip to short). If fails, then 7700
Target 3 5000 ( Will be closing my short at 5200ish )
Profits/losses -2,56%

Scenario closed and new posted! :)

2 weeks until 5k
Technical IndicatorsTrend AnalysisWave Analysis

Feragatname