Chart shows this correction still has lots of pressure going down and volume confirms that we are looking at a full retracement.
We got a confirmed signal to go long and i would expect a 12345 impulse wave from here.
Chart gave us the signal to short at 39,700 and I made 2 video ideas only to wait for 30 mins and then have them say oops your video could not be uploaded! trading view video publishing is tough and slow so I am going to start a you tube channel so I can sream live. Blessings and don't be afraid to cheer me if you like my ideas! Blessings and Trade Safe!
VIDEO SHOWS MULTIPLE CONFIRMATIONS AND A STOP HUNT PATERN. The last pump was not a move to the upside but actually just a hunt on short sellers and i show why in the video. We need a close above 38,400-700 range with high volume to signal an alert to hunt for a possible long entry. But everyone want's to know how I predicted 38-39K on that massive run from 32,500...
Bitseven has turned on the high frequency trading bots and are about to pump the market!! maybe a dip to 38900's then a big boom to the upside because I gotr a stop [ hunt pattern on the 222M
Closed my 25X short on the dump to 37,300's and now waiting out wave 5 to reenter short but it could be a nice scalp going LONG. I am gonna just wait to get back in short but wanted to post the scalp opportunity I see for wave 5 but I only take LONGS myself from the bottom of wave 2. Blessings and trade safe.
Part 2 of why I am shorting BTC to at least $36,600 . The last run up to 38,900 was a Hunt to get shorters liquidated. Basically a stop hunt and now it's over and there no more volume and no interest in pushing above the 38,500 to 38,900 range. If we get a close with high green volume above $38,700 then I may be interested and will certainly watch to see what kind...
So all the volume that gave us days of awesome profits is gone and now all I see is big money selling off the BTC and taking profits with series of small ABC's and they are trying to create an illusion that we are holding here but I know another big DUMP IS COMING!!! If we dont close above 37,400 then they are going to go deep. Only if they were to close above...
after all that pumping they need to relieve pressure so don't ne fooled into going long before the volume says we are going up again. until then short and rip money from the correction.
No matter what this wave is if it is an ABC or wave 2 of a 12345 impulse wave we are going down! I expect a deep correction probably to sub 35K
I see a double ABC and that was the mode of operation a few days ago!
the chart speaks for itself
Just want ed to show The chart as it has played out and our LONG has done really well probably many LONGS and smiles right now as BTC still puishes to 38K and still following our wave 5 of the 12345 Impulse wave. I expect a serious ABC correction in this wave so probably a full retraction to 37160 our current stop on the 4H .
Getting some sideways and violent action as more folks load longs but we are looking at possibly a deep ABC as a fractal in this wave. Looking for intyrest in protecting $37,750-$37850
GREEN HEART WAS A SIGNAL TO GO LONG BUT THE RED HEARTS ARE SIGNALS TO SHORT. VOLUME IS VERY LOW. SELL BEFORE IT CRASHES!
Woke up to seeing we are just steady as she goes on this pump to 38K to 39K or higher. entering wave 3. $$$
We got a 13% move to the high of the day and we took an ABC back 4% and now volume is coming in again and I think we will see more action to come over the next two weeks as they prepare to release their delayed easrnings. Always wonder when a company delays earning why and the reason behind it. These guys are being sued by 3-5 different law firms for supposedly...
the energy is running out and we should have major resistance at the red line but i see a fast move to the upside as they turn on the High Frequency Trading bots and pump this train for a third move to 38K-39K ZONE. If the volume doesn't pick up and we dont see a close above the 36,160 then we are either going sideways or taking another corection.