PRS LIVE TESTING #9 SUPPLEMENT, BTCUSD 6/29-7/20 DERIVATIVE MAP
First and foremost, it's not even possible to make weekly maps for bitcoin because of the wide swings. Secondly, I'm not even sure you can do it on a monthly basis. SO THIS IS A VERY GENERALIZED IDEA OF WHAT BITCOIN WILL DO.
With that said, here is the PRS derivative map for next 3 weeks of BTCUSD prices. While I hope the theory is sound, I'm excited to see IF IT'S ANY GOOD AT ALL!
With that said, here is the PRS derivative map for next 3 weeks of BTCUSD prices. While I hope the theory is sound, I'm excited to see IF IT'S ANY GOOD AT ALL!
Uwaga
BTW, this is a supplement to PRS LIVE TESTING #9, itUwaga
... can be found here:
Uwaga
I'll say this muc, without PIVO (Infinite Volume Oscillator), there's no just no way to suggest that this rally would happen this way. BY PRICE REGRESSIONS ALONE, NOTHING IS SUPPOSED TO HAPPEN UNTIL 7/15-ISH, or mid-July. And without crypto configuration, you would have lean A MUCH MORE BEARISH ROUTE.Uwaga
6/30 11 AMBTCUSD on cusp of break up: 1st target 9600/9800. So should run up to 9600 quickly, pause and move 9800.
Uwaga
Uwaga
9 HR bars explicit POVI breakout.Uwaga
Which means all we are waiting on is a spark, and boom 500 pts.Uwaga
I have cross confirmed the breakout with a different method. We are literally just waiting for priceUwaga
Price got a bump to 9250. Good start.Uwaga
When I made this map we were 9087, but when I wrote PRS LIVE TESTING #9, we were 9059. As of right now we are 9280. Not terrible.Uwaga
Bears wont change their mind until 10500.Uwaga
Or start to.Uwaga
Bitcoin feels like it wants to see xauusd break 1800 (bc gc already did) for confirmation before it shoots up. But that's just my mind making up ideas.Uwaga
07/02 Big drop today. Dont freak out. Hit the replay, I forcasted the drop.Uwaga
Hole the line here and BTC should catch fire in couple of days.Uwaga
Getting NOWHERE REALLY FAST.Q: ARE WE STILL ON FOR THIS MOVE, AND IF SO WHEN SHOULD WE SEE SOMETHING.
A: WE ARE STILL ON. BUT CLOCK IS RUNNING. WE WANT TO SEE A STRONG MOVE BY END OF WEDNESDAY, OR THIS IS IDEA MIGHT BE JUNK.
Uwaga
Monday 7:37 AM CT. I think BTCUUSD is literally waiting for XAUUSD to break 1800 before it moves to 9650.Uwaga
Monday 7:38 AM CT. Again, my mind making up ideas.Uwaga
Mon 12:24 PM CT. 9312. We need A LOT MORE BY WEDNESDAY 3PM. WE NEED 9650.Uwaga
Mon 6:46 PM CT. Just tagged 9375.Uwaga
WED 6:36 AM 1 MORE DAY.Uwaga
But we REALLY NEED 9600 soon to be taken seriously.Uwaga
WED 10 AM-ish touched 9470 a while ago.Uwaga
WED 6:17 PM CTQ: ARE WE STILL TARGETTING 11400 ON 7/20?
A: YES, BUT LETS MAKE THAT 7/22 TO BE SAFE.
In either case we are up 400 pts to start. At 9600, lets call this a win. And get back to it later. I need time for gold trades.
Uwaga
9143 Thursday 11:43 PM. I want to point out that we opened under 9100. There has been several opportunities to SL above 9400 and 9300. Even now, you would've made money. Money management/keeping wins/cutting losses are standard procedure. But I want to keep this trade live until we clear 9600.
Uwaga
Uwaga
Lets just hold to 9900. That way I can feel better about closing this one.
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