BTC - SEC pump ! Time to short!

2018年6月14日

SEC recently declared that ETH would not be classified as security. This led to a fomo rally and finished the ABC correction from my previous idea.

Interestingly, we only retraced to around 0.382 levels giving this high probability chance this is just a wave 4 and we might have another wave down to around 5700 before we a strong bounce.

On the 1hr chart, oscillators are starting to show signs of bearish div indicating this move up is exhausted now and may start rolling over soon.

I will be adding shorts from here and add more if its goes up higher.

2018年6月15日

註釋

And we a have break out.

2018年6月16日

註釋

BTC dropping as expected.
I see it a bounce at 5700

2018年6月16日

註釋

BTC update - still going to sub 6k levels

2018年6月18日

註釋

BTC might be forming an ending C wave diagonal here.
It can make push upwards to around 6640 to clear out the stops before moving down.

2018年6月18日

註釋

Bitfinex has abnormal wick that was messing up with the counts.
This is a chart from binance we are making the C wave now.
I expect it to reach around 6800-900 then to my target around 5700

2018年6月18日

註釋

Gonna be laddering my shorts from 6800-900 region target is still the same around 5700

2018年6月20日

註釋

BTC hit 6850 and now we are going down.

2018年6月22日

註釋

Nothing much to really update here. We are running sideways for past 10 days. I expect an explosive breakout to the downside.

2018年6月22日

註釋

And we have a breakdown

2018年6月22日

註釋

BTC taking a real beating here. Wave 1 of 5 complete. Should see a bounce to around 6400-500

2018年6月22日

註釋

This count is more accurate according to me.
High probability for a bounce is 5600-700.

2018年6月23日

註釋

BTC complete subwave 4 of 5 and now we are making the last and final subwave before bouncing.
I expect it to reach around 5700.

2018年6月23日

註釋

Its forming a W4 contracting triangle. Expecting 1 more wave down then bounce.
Bearish div also present

2018年6月24日

註釋

It turned out be a normal ABC correction. Now wave 5 begins