Hello my friends,
I'm here with BTC -3.52% Realtime #11.Thanks all of you that supported me in last months and all people joined channel during last week.Let's Start this week BTC -3.52% Realtime.
So As you saw BTC -3.52% couldn't achieve a victory in last days and bears are in charge,temporary.Opposite of what many people think about this falling,i have to say it's one of hardest victory for Bears in last 5 month.I saw many times that bulls tried to not loos and really tried hard but at the end bears win the fight.We have many attempt to made a reversal pattern in chart but couldn't, RSI prove my words.As you remember i mentioned in my last BTC -3.52% Realtime about RSI and how hard it try to break resistance and don't let loos easy.It's opposite of BTC -3.52% manner in last dumps and usually we reached to oversold and quickly bounced of that area but this time we stick in this area,unfortunately.
This reality can show us 2 thing.First,we didn't start to real fall,yet and Second,this time is different and we will not loos easy.Yeah i know,both possibilities can't help us at all.
So let's see what other things we have in chart:
First of all,i mentioned about a broadening wedge in my last BTC -3.52% Realtime,i want to say this wedge is still in play and now it have more credit.look at chart bellow:
It's obvious,what is not clear is that where is it's last stop before working.So i have another chart with my long term bullish wedge logic.see it:
But as you can see this broadening wedge and whole last weeks falling don't mach with my logic,why?as you can see all of falling after December had a trend line (dotted black line)that guide of falling period but this time we will land on bottom line sooner and did not walk on the line,see:
This pattern made methink about this situation different,so i find other possibility that didn't play well till now.Maybe this broadening wedge is not our ultimate solution and just make for us a retrace that help trend to move on line that i draw and after that we will continue falling.See this:
This isn't logical and need one month to complete and i think maybe that pattern will not work,again.This reality and fact about RSI that i mentioned in this idea made me more sure about this situation,this one is different and will have a very different results,maybe good and maybe very bad.I don't sure what will happen but i'm sure that this time is different.
So i don't to talk much this time,honestly i don't want to mislead anybody before 100% assurance.So we will continue monitoring chart and like always i will update this post as soon as i find new signal.
Again like all of you for your supports and your kindness.If you like my work here,please like this post and leave me a comment to know your opinions better.
Best Regards
Peyman A
PS:I published this few hours ago but TV deleted my post because of my telegram channel link.Seem it against the rule,so i publish this again and removed my link.
I'm here with BTC -3.52% Realtime #11.Thanks all of you that supported me in last months and all people joined channel during last week.Let's Start this week BTC -3.52% Realtime.
So As you saw BTC -3.52% couldn't achieve a victory in last days and bears are in charge,temporary.Opposite of what many people think about this falling,i have to say it's one of hardest victory for Bears in last 5 month.I saw many times that bulls tried to not loos and really tried hard but at the end bears win the fight.We have many attempt to made a reversal pattern in chart but couldn't, RSI prove my words.As you remember i mentioned in my last BTC -3.52% Realtime about RSI and how hard it try to break resistance and don't let loos easy.It's opposite of BTC -3.52% manner in last dumps and usually we reached to oversold and quickly bounced of that area but this time we stick in this area,unfortunately.
This reality can show us 2 thing.First,we didn't start to real fall,yet and Second,this time is different and we will not loos easy.Yeah i know,both possibilities can't help us at all.
So let's see what other things we have in chart:
First of all,i mentioned about a broadening wedge in my last BTC -3.52% Realtime,i want to say this wedge is still in play and now it have more credit.look at chart bellow:
It's obvious,what is not clear is that where is it's last stop before working.So i have another chart with my long term bullish wedge logic.see it:
So i don't to talk much this time,honestly i don't want to mislead anybody before 100% assurance.So we will continue monitoring chart and like always i will update this post as soon as i find new signal.
Again like all of you for your supports and your kindness.If you like my work here,please like this post and leave me a comment to know your opinions better.
Best Regards
Peyman A
PS:I published this few hours ago but TV deleted my post because of my telegram channel link.Seem it against the rule,so i publish this again and removed my link.
Comment:
Need to see how many resistance BTC can break this time before falling again.if we reach to yellow flag we can have hope for a reversal.
Comment:
In RSI we have same situation again plus signs of bullish div with it,in MACD we are about to make a bullish cross over,too.maybe this time we can break this broadening wedge and make a retrace,at least.It can fit with my theory about landing time in my long term bullish wedge.
Comment:
So we broke first resistance area but as you see we rejected immediately after reached second one,need to hold this area,if we can't we will see 6050 again,soon.
Comment:
Second resistance broke too,now we are about at broadening wedge resistance and there is EMA50 too.If we reach my target we will have a beautiful IH&S there and it fit with all our signals and situation.
Comment:
We can draw neckline from here too,but it better to reach my target for more power and strength in move.
Comment:
Something like these,but we need to hold this area first and start to form right shoulder slowly without any flash drop.
Comment:
Wow,BTC continuing well,we broke broadening wedge and reached EMA50,now,we can start to form right shoulder and test that wedge as a support again.
We had many buy orders in in some exchanges in last hours,more than 5000BTC. Hope they push it up.
We had many buy orders in in some exchanges in last hours,more than 5000BTC. Hope they push it up.
Comment:
Be Ready for take off,there is very positive signs in chart.If this IH&S work can move us to 700 area and in that area we can make another iH&S,again.hope everything go well.I will risk on it and enter market soon with a tight stop loss around 6090.
Comment:
Maybe BTC couldn't win in that attempt but it didn't loos too,we have several attempt from bears to push BTC lower than support but they couldn't.I see a good Strength here,yet. and hope finally bulls win the game.
Comment:
This is dangerous,now.BTC need to speed up and do something soon,if not this rising wedge will kill it.
Comment:
Hi again,
As you see BTC climb up in this bearish wedge,yet and somehow it use EMA50 as a support now.at least temporary but what is important is that BTC didn't show us a sign that prove it want to run from this wedge.
I mentioned in first part of my analyse that BTC repeated a pattern since Dec,look at this chart from that day:
I said there BTC show us a different manner this time and has a different way for drop this time.If you read them i said there,i think this broadening wedge will buy some time for BTC and help that to back to it's way,again.Now all of us seeing that.After that day BTC started a sideway(almost) that moved its channel to my expectation.Look today's chart:
Did you see that,this retrace just have a single duty,to guide BTc above that line.
I hope i am in wrong and BTC shows a decent sign to prove this pattern will not repeat.
In another hand we have another bearish signal that naturally is wrong but in crypto market, little players don't decide by nature or reality of a patterns,they just act with emotions that patterns make.In this case we have a some large pattern in chart,and many people talk about it in TV,these days,look at it:
Talking about this H&S show that you don't know anything about technical analyse,it's against nature of this pattern,this is a bearish reversal pattern and we are in a bearish trend,what can this do?revers a downward trend to a downward trend?They are dumb and idiots and give bad feeling to little players that just act with their feelings and emotions,and because of this we need to look at this pattern seriously.Many people will dump their BTC by this stupidly reason and this will make market next move that is dangerous.
Hope traders become more mature and know every pattern well,at least.
I mentioned in first part of my analyse that BTC repeated a pattern since Dec,look at this chart from that day:
I hope i am in wrong and BTC shows a decent sign to prove this pattern will not repeat.
In another hand we have another bearish signal that naturally is wrong but in crypto market, little players don't decide by nature or reality of a patterns,they just act with emotions that patterns make.In this case we have a some large pattern in chart,and many people talk about it in TV,these days,look at it:
Hope traders become more mature and know every pattern well,at least.
Comment:
So we dropped from that wedge but not hard, as i expected.Now we are bellow EMA50 in 4H again and BTC testing it as a Resistance and after that we need to back test that wedge again.Still i see strength in BTC and it feel bigger players hold BTC here with tether or something else,i feel scare of BTC Next drops that made them buy and buy and buy and bots work all the time till little players trust in it and enter again.They know this time BTC's drop maybe end with a crash and do their best job to hold 6100 support.
Comment:
Hello all my dear friends,
Thanks all of you that messaged me in last 3 days and asked about BTC Realtime #12.As all you saw,i didn’t publish this week’s BTC Realtime,but why?
It’s almost 3month that i started this weekly idea and as you know it was a hard work,even if i love it.I updated every idea with every single move of BTC.Sometimes several updates in an hour and sometimes 1 in day.All of that hard work made me little tired.When i started this work i wasn’t alone and 2 of my friends helped me in this but after 2 weeks they decided to stop ,because of their job and life but as you know i love this work and nothing can stop me.Even my main job that i love that too and doing it every day from 9:00 to 18:00.But like everybody i need a break and with situation that BTC stuck in,i decided to use that and give myself a short trip to rest well and start my work again from next week.So BTC Realtime #12 will publish next monday and i hope all of you understand and forgive me for this week.
Wish you best like always,
Best Regards
Peyman A
Thanks all of you that messaged me in last 3 days and asked about BTC Realtime #12.As all you saw,i didn’t publish this week’s BTC Realtime,but why?
It’s almost 3month that i started this weekly idea and as you know it was a hard work,even if i love it.I updated every idea with every single move of BTC.Sometimes several updates in an hour and sometimes 1 in day.All of that hard work made me little tired.When i started this work i wasn’t alone and 2 of my friends helped me in this but after 2 weeks they decided to stop ,because of their job and life but as you know i love this work and nothing can stop me.Even my main job that i love that too and doing it every day from 9:00 to 18:00.But like everybody i need a break and with situation that BTC stuck in,i decided to use that and give myself a short trip to rest well and start my work again from next week.So BTC Realtime #12 will publish next monday and i hope all of you understand and forgive me for this week.
Wish you best like always,
Best Regards
Peyman A
Comment:
I'm back again with BTC Realtime #12,please join me there.Thanks all of your supports here.
