Thegreatomski
做多

BTCUSD: Bullish Projections

BITFINEX:BTCUSD   比特币/美元
490 4 9
By making a new all time high, BTC             has activated the following price targets

V=6934
N=6033
E=8000

I have identified this as a
V type wave, evidenced by price
structure and 61.8% retracement .
For this reason I have confidence in the
V target, not so much our E.

But we must keep in mind that the further we keep going up the harder it is to sustain.

For this reason we can't be too confident and pay attention to price action and order flow. We must also keep in mind that the timeframe I'm using to base my ideas is the daily and not the usual 2 hour and 4 hour charts I post, meaning a lot can happen between "here" and "there"
Stay safe and happy trading folks.
评论: We have been consolidating just under our N target.
评论: We have hit our N target perfectly. You can take a portion of your profit if you're feeling conservative.
评论: We are halfway between our N target and our V target.
交易结束:到达目标: We have hit our V target.
评论: BTC has met and surpassed our V target. All my leveraged positions have been closed, as I only like to make high probability moves. If my advice helped make you a little cash and you're feeling generous, donations are welcomed and appreciated
BTC: 363sDXLXkV7tm3pJmK2mLTDZjdTANbiA4A
ETH: 0x4c1aA87252e31C2552248b3561c9dBef7E21C7Fb
LTC: LeUKche2Mz51tNG4jmTj2LkufkNUd4DpFm

Donations keep the analyses rolling it.
Thanks all and happy trading.
评论: It appears that bitcoin has just about reached our E target.
While it is getting less and less likely that it will continue rising, we must prepare for the event that bitcoin does decide to ride past our E target.
For this reason I have created updated bullish projections for bitcoin found here.


However we must keep in mind that we are in a place price-wise that I would consider "top-heavy" or simply meaning it has a lot of people holding it that are feeling like they want to take profit.
交易结束:到达目标: I meant to post this one... my mistake

Anyways it appears the wave we observed on that post failed. Our E target for this post was our top.
thanks all and happy trading
Nice work
+1 回复
Thegreatomski Digitalifetime
@Digitalifetime, thank you
回复
sobriety is for those who have abused libations excessively. can one join the 12 steps of btc?
+1 回复
@jayeb, always appreciate the high brow humor from you friend.
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