alejandroscotti

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. BTCUSD closed March under $7026 thus electing a very bearish Monthly reversal level. The likelihood of going down to the 4th reversal at $2972 is very real and it can also go extreme further down to test the lower $1910 and $775 area. Also, Socrates is indicating CAUTION WATERFALL...

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. On the week of January 27th, BTCUSD broke out in an attempt to achieve a new ATH but it failed miserably. On the week of February 10th, 2020, it stopped exactly at the previous lower high set the week of October 21st, 2019. Now that the month of February has closed, Socrates confirmed...

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. BTCUSD market appears to be entering a Phase Transition that COULD potentially take it to new ATH very quickly and the importance of the timing cannot be underestimated. It reversed the analysis from last week so I was forced to post an update now because Socrates picked up the...

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. *** Most of my previous ideas were hidden because I violated house rules of promoting an external link. I had no idea it was a violation and it was unintentional *** Perhaps this will be my last post for a little while. The major Economic Confidence Model target, the start of the...

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. *** All my previous ideas were hidden because I violated house rules of promoting an external link. I had no idea it was a violation and it was unintentional *** Excellent entry point for a SHORT position at $8800. BTCUSD must close today above $9045 to continue going higher. Because...

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. *** All my previous ideas were hidden because I violated house rules of promoting an external link. I had no idea it was a violation and it was unintentional *** Socrates computer has identified that the Daily TEMP HIGH is in place at $9000 and we also have TEMP HIGH at the Monthly...

alejandroscotti

Disclaimer: I am not associated with Armstrong Economics in any shape or form. *** All my previous ideas were hidden because I violated house rules of promoting an external link. I had no idea it was a violation and it was unintentional *** Socrates computer has confirmed that on the Daily level BTCUSD is approaching a TEMP HIGH, meaning this current breakout...

alejandroscotti

This was the biggest bull trap in BTC's history which is quite remarkable considering the insane volatility. As soon as BTC closes a month below $7000 either on November or December, the next stop is $3700. I have a SHORT open with a probability to go keep it open through June 2020 to a possible $1000 area, perhaps, we'll see. Be safe!

alejandroscotti

$7400 is major support and current decline could stop here. Next major support is $7000 and from there it's all free fall to $5500. We could get the bounce from $7xxx area but it's all downhill from there anyways. But, it doesn't have to bounce, we have a sharp decline currently underway. Be safe.

alejandroscotti

Fireworks coming in 12hrs to 48hrs... Use protection :-)

alejandroscotti

I just realized that perhaps BTC did not flip directions on Sep 18th. A Directional Change was also due which can be in the direction of the forecast move or opposite it. These Directional Changes usually last 1hr or 2hrs followed by the continuation of the previous trend. So, basically, BTC could potentially RALLY strong from this moment forward and NOT test...

alejandroscotti

Just because I'm bored... and I can... just posting an insignificant update. Close above $10208 to confirm a bounce higher.

alejandroscotti

ask-socrates.com Socrates had a glitch during the weekend and so I was unable to figure out the direction for today Tuesday 27th. That being said and after last night's analysis... it could get ugly any moment today.

alejandroscotti Updated 

Prepare the fireworks

alejandroscotti Updated 

This is a long-term overview: Bitcoin is not gaining strength on the upward moves and it is slowly running out of time for a mid-January 2020 PEAK and it keeps inching closer to a BOTTOM in mid-January 2020 which is reinforced by an upcoming strong DECLINE this August 21st and a subsequent move higher the week of August 26th. The next strongest weekly target is...

alejandroscotti

Slightly revised long-term channel; still a great BUY in my opinion. Checkout my latest BTC idea below.

alejandroscotti

On my previous Raven USD idea I took a guess of where the long-trend channel was and during the BTC panic sell-off that just completed, Raven form a slightly lower channel and so, this is a corrected chart with a slightly revised channel upwards. Great BUY in my opinion. Checkout my latest BTC idea below.

alejandroscotti

Chances are that you won't find ETH this cheap ever again. Notice that while BTC had a 20% panic sell-off ETH dropped just around 10%... this is rock bottom oversold IMO. It even dropped below long-term trend-line! scary bloody shit. Checkout my latest BTC idea below.