Long

BTC-USD on the path to 10k$

Od JackieHuynh

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btc's movement next few days

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Not financial advise

Uwaga

Uwaga

extended pump, break linear downtrend line BUT haven't broken Log downtrend line yet and bitcoin LOVES Log chart. My stand is still firm. The max we can go is to test the Log line

Uwaga

some people think we have broken the downtrend line but we are NOT . Im sorry to say that :)

Uwaga

negative article has started popping up. It sounds like a pullback is really coming. We have already reached 61.8% fib . Only brave investors will buy at the current price :)
ift.tt/2uL5kNY

Uwaga

plz don't tell me that we will reach 9k$ today >>><<<

Uwaga

if eth and BCH can break their strong downtrend resistance, I will go nut with this rally :)

Uwaga

the bull is strong so we might not deep much. Have to follow closely

Uwaga

when bitcoin reaches the long-term downtrend line for a re-test support, it should be the time to start looking for reversal signals

Uwaga

possible one more last pump to 8.7k target . 4hr looks bullish

Uwaga

if you are in for this possible last pump to 8.7k, set a stop loss below 8084$

Uwaga

made lower high in 4hr. Forming flag channel

Uwaga

if the channel can hold, bull will still be very strong. However with the intense move like this, it is kind of scary for further drop. It just proves the power of the whales to control this small market

Uwaga

22 more minutes to end the daily candle. I hope it won't form the "3 inside down" reversal candle pattern :)

Uwaga

the dump today might be the bad news about rejected ETF of Winkeloss twins

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i think bitcoin is top at 8.5k already. WHY ?
the current rally is all about ETF hype
with the recent announcement of SEC about rejecting / delaying ETFs from other companies, the obvious outcome for CBOE's one will be either rejected or delayed. I will say 100% delayed.
People have started getting nervous and cautious now. Noone is dump enough to believe CBOE's one will be accepted after recent announcements. And market manipulators know that. They know how we all think :)
In addition, we have stopped TD sequential number 9 and right now we have 3 consecutious red candles.

My thought will change
IF today candle ends with a red, and next day 's candle ends with a big green. Bull will be back and we will go higher . This is the Bullish continuous 3 rising method pattern

Uwaga

testing support. Let's hope it will hold

Uwaga

thing looks much better now. Seem like a bear trap :). Look at the big candle. Now we need to break the downtrend resistance line for further confirmation up move

Uwaga

support line hold + big green candle = yesterday's dump is just bear trap = chance to break 8.5k become realistic now

btc, articles have popped up to explain the advantage of CBOE's ETF over Winkeloss' ETF = Bull still has steam and want to go up higher

Uwaga

pump's reason :)
ethereumworldnews.com/sec-commissioner-dissents-btc-etf/

Uwaga

up up up

Uwaga

better :)

Uwaga

everyone is getting nervous :). I expect next daily candle will have the action

Uwaga

I suggest not to stay away from the computer within next 6hr >>><<<

Uwaga

come on , btc can do it . Break 8320$ and we moon :)

Uwaga

basing on my candle observation, we should go up . However, btc is a wild beast. It is hard to tamper it :). Today's candle will tell us the direction >>><<<<

Uwaga

doesn't look good. However, as long as MA50 holds, nothing is to be worried

Uwaga

8055$ has proven to be a good support so far. Below it , we have another strong support MA50
Let's hope MA50 can hold. If not, next pullback should be near the MA100 T__T

Uwaga

situation will get much better if today we don't end up with a red spin bar or doji

Uwaga

haha, lol, this is epic, another bear trap to people whoever sells because they see the channel is broken down

Uwaga

I love this guys, such a strong buy :)

Uwaga

daily chart looks ugly right now ><

Uwaga

continue on bleeding ><. As long as it doesn't break MA50, I will not be worried for further drop on 4hr. However, daily candles are looking very bad so next daily 's candle might be a very violated one which favors Down. Therefore, attention should be taken on next daily candle . Majority of retail investors think Down now and are waiting 7.6k-7.8k. Whenever I see ETC-usd as the only coin in green, I start worrying a lot >><<. That shit coin usually is the ONLY green coin before the crypto dumping storm. However, usually ETC will make a move 8-12% up if it is the only green coin. So I hope this time might be different T___T.

In conclusion, Bear is in favored but support hasn't been broken yet so attention is needed to act on time when big move happens

Uwaga

and here we go

Uwaga

caution is needed for next daily candle

Uwaga

back to be above MA50 on 4hr again . Whales are playing with us T___T. Unless we break 8300$, these game will continue again

Uwaga

Manipulation to the max. These are what we should care:
- a break of 8300 is a signal for rallying up
- a break down of 7.8k will let us test 7.5k.
In between, let the whales play their game ^__^

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post is too long to read.

JackieHuynh

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