Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
By the way, don't expect any major move before the 7th-11th May, we are gonna stay in the $210-$225 area until then.
THEN the big move either up or down.
Everything seems to paint a scary bearish picture so yeah, the real start of the next crash is a lot more probable than a breakout.
THEN the big move either up or down.
Everything seems to paint a scary bearish picture so yeah, the real start of the next crash is a lot more probable than a breakout.
Why those dates? (Don't tell me because lines on a history chart).
The BTC markets can be more predictable than most people think.
The start of the crash to $150:
I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.
Timing the BTC markets is easy as fuck
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.
Timing the BTC markets is easy as fuck
Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.
If big volume confirms a break in either direction, it should be a major move.
Wait for volume to confirm a breakout/breakdown.
If big volume confirms a break in either direction, it should be a major move.
You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.
The 2014 megapump from $450 to $680 was very easy to time with precision of days too. Too lazy to search that old post tho.
So... your analysis is based on historical trades, right?