LNE

THE FOUR PLAY CONTINUES... WILL ELLIOTT TAKE BTC TO 5th BASE?

BITFINEX:BTCUSD   比特幣 / 美元
Now THIS is the news you've been waiting for.... BTC is enjoying the FOURplay... come on we all know that is actually the best part :)

So if we look at the daily chart ... we see Elliott still bouncing around... he's hard to pin down as he's so indecisive. I have given him a line he cannot cross.... THE WHITE LINE.... let me take you back to your childhood and the lines were like lava, and you couldn't cross them, well for Elliott is he crosses the white line... he will miss out going down on BTC ...

BTC has NO 5th WAVE!!!!!!!!!!!!!!!!!! so Elliott really needs to get his act together and stop bouncing around and make the decision we've all been waiting for....

WILL ELLIOTT TAKE BTC TO 5th BASE???

And if Elliott follows my directions.... after a maximum top of $8700 (with a possible wick) he will be bouncing his way down to BTC's bottom ;)

THE TECHNICAL STUFF
We are currently in the 4th wave of a 5 wave pattern - down, this pattern is invalidated with clear strong movement above $8,700.00 My lower low target is $4,544.00 I am still BEAR BIASED until this is proven wrong.

Safe and happy trading!

REMEMBER ALWAYS USE PROTECTION (minimise your risk, use a stop loss.) ALWAYS!!!!!!!!!!!!!!!!!!!

LNE.

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like.... :) <3
評論:
評論: On the 45min chart the waves appear to overlap.... this is okay on the daily as they are only wicks... in leveraged markets the rule is the waves can cross... by a wick.
評論: Just being clear my primary target is $8,381 but it is very possible to reach $8,700 while the bears are on a brief vacation.
評論: around 5% of the time the .238 fibonacchi acts as a support level.... it is possible this is one of those times.... there is an ABCDE bull flag pattern which 'should' break up...
評論: I think we still have the 5th wave of the larger pattern yellow 3rd wave to complete (currently in wave 4 of 3) then a small retrace not dropping below the red trend line but possible deeper retrace also and up for 5th wave to complete $8749.00 ish
評論: 3 scenarios for retrace....
評論: I have adjusted targets just now after counting waves... NEW TARGETS
評論: And there we go in the 5th.... I second guessed how strong the bulls were.... should have stuck to previous chart options :) If we pass $8750 I'm running with the Bulls
Lisa N Edwards
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Well, you haven't addressed the Tether issue, which is how Bitcoin's pimps control her. As I said before, it was BCH that broke into an uptrend BEFORE BTC did, which is why I see the big rush up of BTC - and simultaneous slam DOWN of the BCH/BTC ratio - as a Tether manipulation. It is my opinion that this is all designed to keep BCH down because it is the real heir to the crown. Your Brother is Dr. Craig Wright? Don't you guys know this already? IDK - I've always been clairvoyant and way ahead of the crowd (predicted the housing meltdown years ahead of time in my Astrology columns - and got fired for it!) but it still surprises me how much other people miss about what is going on right in front of them.
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LNE astrologychick
@astrologychick, I have addressed ether in older charts, I don't see it currently as the issue. The bounce in BCH was due to release of information regarding May 15 Hard fork, fundamental traders will act on this. BTC is currently at the mercy of Futures Contracts, I speak in depth about this on twitter and have posted many many links. And my brother doesn't want a crown, he is happy to continue to innovate. A crown serves no purpose what so ever.
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@LNE, *TETHER not ether
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@LNE, sooo I guess I need to follow you on twitter ;-)
But damn those futures contracts. That's how they got control over Gold and Silver. I'm not trying to coronate anyone, lol. I don't need a King. But I would like to know who the real Satoshi actually is.
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@LNE , I think the bullish one will play out. It is healthier correction and we have previous resistance there play as a support. Nice call!
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LNE RobLee56
@RobLee56, Super bullish.... normal bullish?
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@LNE, Normal bullish price range of the (a) wave. Ideally, retracement takes some time so that it does not violate the trendline. Would that be too much to ask him(Bitcoin)?
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@LNE still patiently waiting to see if all this foreplay will pay off! =] thanks for the chart
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LNE The_Real_AMF
@The_Real_AMF, See that's the thing with Fourplay ;) we never know if it will get to 5th base....
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@LNE, Hilarious!
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