raywilkerson

raywilkerson Updated 

FIRST: I am getting lots of messages about where I think things are going, presumably because this blind squirrel found a nut others missed. Please note: ============================ **I AM NOT A PRO INVESTOR** ============================ Disclaimer stated; now you can hear that this blind squirrel still is eyeing $10k BTC and will be very happy if it ONLY...

raywilkerson

I threw in an Ichimoku cloud and adjusted my buy target downward based on where price should break cloud top support. I am also displaying a stronger pull toward the downside on the volume profile. My gut says if it breaks through both the top and bottom cloud resistance it will drop further than I originally thought. Again, I am not a pro, just a simple...

raywilkerson

Looks like a continuation pattern to me on Bitcoin. We shall see, no? Please tell me what you see different. Link me to your idea if you already published. Thx

raywilkerson

Bitcoin broke my pattern from yesterday... but not the overall trend. It needs to cross north of $16500 to break the trend shown IMHO

raywilkerson

I believe bitcoin will follow the given path down to $10300 to $10800 then turn north to establish a new trend line with a slightly steeper angle than the last... or it will go sideways into the previous before marching north. Honestly it would be better to do that and bounce between 10k and 12k till channel re-entry. You tell me: youtu.be

raywilkerson

After February... the steady march north to 30-40K resumes. This has to correct down to the mid channel I think. Tell me how this turns out different. I would like to be wrong :)

raywilkerson

Elliot wave correction following a head and shoulders. Hang tight to your britches ;)