frankoverwood的BITSTAMP:BTCUSD的Bitcoin Road!

Bitcoin Road!

Rally will stop atm (hopefully, damn bulls!) and retrace near orange trend line, after that will go straight to 6k and retrace because psicological level coming back to near 5580usd.
After that retracement it will go straight up non stop to 6400. correcting as usual when it reach the red top of the long-term channel. correction target: 5150-5300. Target after correction: 6900-7000 usd reaching top of the channel and correcting again to the bottom. target: 4500 usd.
Please look at the related idea, to fully understand my chart.

註釋

Bigger picture and beggining of trendlines that will set the path on this second big bubble. purple line showing of the healthy channel, above that: bubble or new paradigm?
s3.amazonaws.com/tradingview/snapshots/r/rEwvLSH3.png

註釋

Big picture of where we are and where we can head.
Look at the picture above before looking at this one, important lines, purple, red, yellow and the last green one.
We have been bouncing from the first green line to the red one since the december 2016.
If we break now the red line (which will mean a new bubble or just new paradigm, massive adoption, what we have been waiting for (i take the first, the bubble, btc not ready mor massive adoption imo).
s3.amazonaws.com/tradingview/snapshots/c/C6fM4vct.png

註釋

buy spots, aprox 6hrs.
s3.amazonaws.com/tradingview/snapshots/w/wFcl9uWe_thumb.png

註釋

s3.amazonaws.com/tradingview/snapshots/2/2RPdFcm9.png

註釋

In track
s3.amazonaws.com/tradingview/snapshots/t/TXzgpXTE.png

註釋

s3.amazonaws.com/tradingview/snapshots/e/eQR1fHuE.png

註釋

on track
s3.amazonaws.com/tradingview/snapshots/k/kfsXV8jQ.png

註釋

actual picture, max 12 hours to solve the triangle.
s3.amazonaws.com/tradingview/snapshots/s/SwLxq5Xx.png

註釋

if it breaks the red area its going for new ath.
s3.amazonaws.com/tradingview/snapshots/m/MHrYGTrv.png

註釋

bitfinex situation, dealing with yesterday's resistance. if it breaks i think read area could be the top for today.
s3.amazonaws.com/tradingview/snapshots/k/kMQ3wLbc.png

註釋

triangles tend to solve with a break up.
s3.amazonaws.com/tradingview/snapshots/2/2Rsj7jZz.png
s3.amazonaws.com/tradingview/snapshots/c/cLnoqkPl.png
s3.amazonaws.com/tradingview/snapshots/e/EQJq3Jhb.png

註釋

triangle extended, almost! 5880-5900 tp on this first move
s3.amazonaws.com/tradingview/snapshots/o/OffKGmi9.png
s3.amazonaws.com/tradingview/snapshots/n/nICxeJsT.png

註釋

looking very very good, possible tops on this up movement: 5900-5950, if this goes insane bull, next top is 6k short term, after some consolidation 6.5k, after that, correction back down to 5k.
s3.amazonaws.com/tradingview/snapshots/u/UlFMYFLh.png

註釋

sideways went longer than i reflected in my original chart.
here is my actual chart.
s3.amazonaws.com/tradingview/snapshots/n/ncLowxCw.png
same main trendlines, diferent timers and fractals.
im watching at this atm, looking very bullish.
s3.amazonaws.com/tradingview/snapshots/x/XyETrwre.png
hopefully we dont break down and moon again :D

註釋

$Bitcoin diamond. fractal small tf.$