hassan612

dont fall for the hype , 12k to 2k ?

Short
hassan612 Updated   
BITSTAMP:BTCUSD   Bitcoin
While people are thinking that we are going to the moon , we could go to 12k and still come down.

do not fomo in , this will come down sooner or later, this is not the bullrun ...

the major confluence showed in previous charts basically indicated this pump.

what comes up must come down.
Comment:
went straight through the lower time frame fib circles , straight up to big blue fib circle
Comment:
we have bounced off the blue fib , and settled around green fib channel , we could ride down blue fib circle , or go through towards yellow fib
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Watch how price respected the lines drawn on charts !
We bounced off orange fib line , then broke out for rally
Then got caught in triangle between big blue fib circle and green fib channel , broke blue line and rallied again headed towards big yellow fib circle !
Comment:
Perfect bounce off the yellow fib , it looks like the red bar patterns drawn will play out as shown , notice how prices respects all lines !!!
Comment:
we are approaching yellow fib again watch out for next big move

upside target 12100

downside target 10700
Comment:
12100 reached ,

we ll bounce off the white circle most probably.

if we break it we r going up to 13100
Comment:
Price is still scared of bigwhite !

but sooner or later u will have to entangle yourself with it

look what happened last time we touched bigwhite
Comment:
getting close
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We are there finally , big white fib circle ,If we break 12500, we r going higher

Most likely we will bounce to downside
Comment:
watch out , watch out !!
Comment:
WE CROSSED WHITE FIB AND MAJOR MOVE UP
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next target i think 13100 and then correction
Comment:
bullrun cancelled hahah
Comment:
we broke white fib , move up , now we coming down for retest
Comment:
retest of big white happened as predicted we r continuing to follow along
Comment:
as you can all see now , crossing big white fib circle started the down trend !

also we can see that the red and green patterns have the same shape as price action.

to me next target is around 8000 , now we are in full blown " second wave"

Brace yourselves !!
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