Going up (almost fully completed formations)
1st green line = 1st inverse head and shoulders completion
2nd green line = 2nd formation
3rd = Whoohoo 14k
Going down (only half completed formations)
1st = completion of head of head and shoulders, retest would bring to completion
2nd = completion of head, retest...
3rd = pack it up, we're going down to 6k
1st green line = 1st inverse head and shoulders completion
2nd green line = 2nd formation
3rd = Whoohoo 14k
Going down (only half completed formations)
1st = completion of head of head and shoulders, retest would bring to completion
2nd = completion of head, retest...
3rd = pack it up, we're going down to 6k
코멘트:
First green line has been breached. We're probably going to go sideways for a bit in that wedge. But, I wouldn't count out Bitcoin breaching the second green line much sooner. Last year's bull run has provided significantly greater access to cryptos, bitcoin especially. Those people might have called it a day with the crash, but their desire to make a buck never went away, nor their access to exchanges. The lack of credit card access in fiat exchanges will reign back what would have otherwise been a firestorm. Which, when you think about it, seems to have been a bit planned out...
코멘트:
A note on the evening star, should some version of it appear. The formation isn't simply one candlestick but a viewing of 3, in their totality. The second candlestick 'star' is only such if the third red candlestick over encompasses the first green candlestick, as in it comes below it.
코멘트:
Oh man, this is just awesome, we've breached the 2nd green line. And the candlesticks themselves are a big bull sign, when the closing of one candle stick is at or higher than the opening of the second one.
코멘트:
reverse that
코멘트:
when opening of second candlestick is at or higher than the closing of the first.
코멘트:
We have lift off to the solid green line. I think it will go about 100$ above before coming back to retest.
코멘트:
Ummmm.... my algorithm is telling me to sell... 89.91% of trades are profitable, at least on paper, so take that as you will....
매매 수동청산:
I've closed all positions, just in case.
코멘트:
Re-entered, bulls are clawing back.
코멘트:
Just to give an idea of how things might play out. XMR completed the inverse head and shoulders already.
Just to give an idea of how things might play out. XMR completed the inverse head and shoulders already.
코멘트:
where the yellow dotted lines intersect.
코멘트:
A view from the 4 hour - for an easier perspective. We're just on a red dotted line escalator to the green line.
A view from the 4 hour - for an easier perspective. We're just on a red dotted line escalator to the green line.
매매 수동청산:
In my opinion, there is no longer a direct route to the dark green line. I've included 2 possible scenarios in this 4-hour view. Green is optimistic (~2-4AM EST), Yellow is more realistic (Monday). Below the yellow, it's time to enter short positions if you're able.
In my opinion, there is no longer a direct route to the dark green line. I've included 2 possible scenarios in this 4-hour view. Green is optimistic (~2-4AM EST), Yellow is more realistic (Monday). Below the yellow, it's time to enter short positions if you're able.
코멘트:
Alternative to the alternative
Alternative to the alternative
코멘트:
I made a quick buck on my short and am back in. I'm just going to ride out the rest. After bitcoin has it's breakout above the thick green line, I'm moving on to the alts, as they will start taking turns doing the same. But here's a little gift for whoever's been reading my posts.
My bitcoin roadmap for the rest of 2018:
My bitcoin roadmap for the rest of 2018:
코멘트:
PSA:
Bear flag developing on the 15min
Evening star developing on the 4hr
Developing, not completed.
Bear flag developing on the 15min
Evening star developing on the 4hr
Developing, not completed.
코멘트:
The would-be evening star has developed into a bullish hammer on the 4hr.
코멘트:
Morning star developing on the 15min. The third candle only has to come up to above half the length of the first one.
Developing not completed.
Developing not completed.
코멘트:
The wait is excruciating... should the red line be breached, the second red line offers a third chance to break 1500, and a shot at the solid green line by Monday.
코멘트:
Eta for solid green line is between 3-7am EST. Then pretty clear shot up to 12800. After that a minor correction then 14k. If I turn out to be right, follow me por favor :)
코멘트:
4hr view
4hr view
코멘트:
Price is about to collide with the second dotted line of my original chart. If it does not bounce back, I will close the position and take the loss.
코멘트:
$11075 - $11100 is the final line in the sand
코멘트:
It's starting back up, however, it has not actually hit the dotted red line. I expect the price to almost touch it, if not slightly pierce the line, then re-test it a short-time later, before completing the bounce.
코멘트:
The touch should be somewhere around 1400.
코멘트:
argh, 11400
코멘트:
A bit of a juncture on the 5 min chart, move past the green line completes inverse head and shoulders, movement below the red line completes head and shoulders...
코멘트:
the chart on the right
코멘트:
below the yellow line, not red
코멘트:
We have lift off. As I'm writing this, the first dotted blue line is about to be breached. The second should be easy peasy. But we can possibly re-test the dotted green line several times before breaking through it.
We have lift off. As I'm writing this, the first dotted blue line is about to be breached. The second should be easy peasy. But we can possibly re-test the dotted green line several times before breaking through it.
코멘트:
I think it will hit at or about the intersection between the red dotted line and the solid green line, then pull back. This is because we still have really low volume, and the bulls haven't shown force-en-mass. A pullback to the dotted green line or the red dotted line we just tested is possible. Although a straight run through is possible as well. My money is on a retesting of the dotted red line, before bouncing back.
코멘트:
unless we get slapped back by the dotted green line, which appears to be happening. But it would still be the same trajectory. If we bounce off the dotted green line now, the retest of the dotted red line is going to be a time to watch the price closely as it provides the bears another opportunity. Should we be on the way to test the dotted red line a third time, I will manually close positions and sit it out until the solid green line has been breached. Price will drop like a rock if the dotted red line is breached.
코멘트:
last two comments pertain to the 15min view of the initial chart. The 4hr view has lines of a different fractal pattern, but you can see that you could basically overlay on top of each other and get the same results.
코멘트:
So I cleaned up some of the lines on my bitcoin roadmap chart and there is a clear point of intersection between the resistance lines and the dotted green line... obviously, there's two interpretations of this if the timing works out as shown. 1st Bitcoin breaks free of its chains... or 2nd the resistance lines join forces to become even stronger. I'm really scared that it will be the latter, so I will be preparing as we get closer to that point (again, if the timing works out that way), as if the second interpretation will take place.
So I cleaned up some of the lines on my bitcoin roadmap chart and there is a clear point of intersection between the resistance lines and the dotted green line... obviously, there's two interpretations of this if the timing works out as shown. 1st Bitcoin breaks free of its chains... or 2nd the resistance lines join forces to become even stronger. I'm really scared that it will be the latter, so I will be preparing as we get closer to that point (again, if the timing works out that way), as if the second interpretation will take place.
코멘트:
We're about to break through the dotted green line by the looks of my 15min chart. Bull Flag appearing.
코멘트:
As you can see on the initial 15min chart, this is our third time testing the line (while coming up). Third times the charm :)
코멘트:
A pole for a bull flag has formed on the 1hr. The pendant should be created right inside the triangle wedge formed by the two blue lines.
A pole for a bull flag has formed on the 1hr. The pendant should be created right inside the triangle wedge formed by the two blue lines.
코멘트:
코멘트:
not to state the obvious, but basically, every single crypto is forming or has formed some sort of bull flag...
코멘트:
fractal head and shoulders formations have broken down at the 5min scale. No way to get a proper neckline to form. On the 15min scale, we are almost at the point of completing the first head and shoulders bear formation.
코멘트:
For the inverse head and shoulders formation to complete instead, we cannot go below 11380 AND we would have to see a climb up to 11600 in the next hour or two.
코멘트:
I'll add a note that might not be well received here. I noticed that the head and shoulders fractal formations basically broke down at some point after 9pm last night. It made for an easy night of sleep. We are starting to see the same phenomenon in reverse... It may be difficult to cross the finishline.
코멘트:
For those of you following the Bitcoin 2018 roadmap chart. 11600 is just one point in the second dotted blue line that we have to cross to reach the solid green line.
코멘트:
We're finishing this thing off right now. It will be very swift.
코멘트:
코멘트:
Am I good or what :)
코멘트:
We're about to break through the dotted green line in the initial chart so I'm going to say this chart is now closed and that it was accurate. Thanks for following along. I'll be moving on the "Oh Bitcoin, you @#$%..." chart for the climb up to 13.5k.
코멘트:
Looking at this chart in retrospect, I should have seen the dip coming... oops