Its been a very hard year for us with everything giving RED. There is fact in the saying that 2014 and 2018 price movement resembled.
Here are my findings:
Important feature with date: In 2014 Black straight line indicated yearly low with 166.1usd Red Vertical Line pointed at the yearly low at 166.1$ This happen in JANUARY 2014.
Black Verical Line show the first approach of price on the re-test of the low and bounced off. This occur in APRIL 2014.
Green Verical line show 2nd attempt on the low and this bounced off to begin the real journey of new uptrend. This occur exactly in AUGUST 2014.
Now 2018 Black straight line indicate present yearly low with 5755usd
Red Vertical Line pointed at this present yearly low at 5755.This happen in JUNE 2018.
Black Verical Line show the first approach of price on the re-test of the low and bounced off. This IS HAPPENING right now in AUGUST 2018.
PROPOSED Green Verical line will represent 2nd attempt on the presnt low and this is expected to bounce off to begin the real journey of new uptrend. This is forcast to happen in exactly OCTOBER 2018.
NOTE: RED line number count stand for CORRECTION PHASE YELLOW Line count stand for ACCUMULATION PHASE BLUE Line count stand for RECOVERY PHASE GREEN Line count stand for FULL RECOVERY.
Guys this post is meant for information purpose only, please do not use it as a call for an investment, this can change at any time.
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액티브 트레이드
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Pictorial view of 2018, in bold representation.
액티브 트레이드
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The next move from the chart pointed at possibility of 8400$-8800$ before a major drop to re-test the established low.
I appreciate you guys for taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. Your likes is what keep us going.
Thank you for your support.
액티브 트레이드
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The next move from the chart pointed at possibility of 8400$-8800$. Fingers crossed
액티브 트레이드
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Comparing action on bottom (4) in 2014 and 2018.
액티브 트레이드
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액티브 트레이드
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Potential IHS in formation with target pointing at 8000$-8800$
액티브 트레이드
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Potential wave pattern for XBT/BTC guys check it out.
The green line immediately follows the ETF decision, which will almost certainly be a postponement... and since the importance of this particular ETF is over-inflated by many (a self-fulfilling prophecy) it is highly highly unlikely it will trigger anything other than a bear run below $5800. Save the parabolic for 2019.
weslad
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@BCryptological, you never can tell, surprises are meant to happen.
TEXAGG22
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we are going down folks
weslad
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@TEXAGG22, that will be great are we heading to 200$ now???