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AMAproject

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I think the best reasoning to be more cautious/bearish for a deeper retracement at least to 7.6k is because overall the sentiment is still largely "easy money - buy now and we'll get to $20k and $30k soon". These people will need to be weeded out. And I'd be willing to bet it happens in the next 2-3 weeks at most. Price collapsing to $7k's will make most retailers sell off.

Alabam178

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Activity: 175

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Quote from: ?? on ??

Quote from: Alabam178 on August 23, 2019, 10:36:25 AM

Quote from: Alabam178 on August 22, 2019, 01:58:15 PM

intresting chart

Here is a zoomed in view of RSI

We are also getting closer and closer to our 53 RSI bullish bounce zone that we have seen react heavily off of.

Our invalidation level is very clear here as we can cut our trade and exit if our RSI level doesn't hold and a weekly closes below the 21EMA.

We are getting close, but it hasn't happened yet and to be honest, you can go back and look at MACD correlation and the results aren't really that great. I put more faith into RSI and moving averages than MACD myself.

Alabam178

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Quote from: Alabam178 on August 22, 2019, 01:58:15 PM

intresting chart

Here is a zoomed in view of RSI

Alabam178

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Activity: 175

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intresting chart

AMAproject

copper member

Activity: 171

Merit: 0

Alabam178

copper member

Activity: 175

Merit: 3

AMAproject

copper member

Activity: 171

Merit: 0

Quote from: ?? on ??

Quote from: AMAproject on August 12, 2019, 10:26:19 AM

Quote from: ?? on ??

Quote from: AMAproject on August 11, 2019, 10:52:07 AM

On the short term I'll think we'll fall to the 200 EMA at the bottom of the demand zone and descending channel . RSI has failed to break through it's resitance. If it does break through this might spark the bulls and give a small impulse up to 11.7K but I don't think they'll be able to break this descending channel

Do you think it is bear, and we going down?

BTC couldn't get a close above pivot and there we are heading back down.
Targets remain the same, towards 10.8-10.9K demand zone and 200EMA

I suspect if we hold this area we might see one final wave towards 13K though

AMAproject

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Quote from: ?? on ??

Quote from: AMAproject on August 11, 2019, 10:52:07 AM

On the short term I'll think we'll fall to the 200 EMA at the bottom of the demand zone and descending channel . RSI has failed to break through it's resitance. If it does break through this might spark the bulls and give a small impulse up to 11.7K but I don't think they'll be able to break this descending channel

AMAproject

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Alabam178

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Activity: 175

Merit: 3

Quote from: Alabam178 on August 09, 2019, 09:47:45 AM

Alabam178

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Activity: 175

Merit: 3

AMAproject

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Activity: 171

Merit: 0

Bitcoin has been range-bound since it broke into the $11,000 price zone at the beginning of the week. A look at the longer-term charts, however, paints a more bullish picture, especially if BTC can hold onto gains it has made this week.

Alabam178

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Activity: 175

Merit: 3

Quote from: AMAproject on August 08, 2019, 02:35:38 PM

Quote from: Alabam178 on August 07, 2019, 09:59:26 AM

no volume but the price is rising

i exited all my BTCS 11900 and holding Dollars :If u see 12500: Gud for u exit all buys Price will not break 13800 and will come back below 8k i m not buying back at current btc price

This is extremely bearish scenario, I don't see how this can be possible at the moment. We are in a bullish up trend. and the lows are far gone. There has to be something really terribly wrong with BTC in order for us to crash down to these prices. Look at the instability we have in the world and how cryptocurrency can solve these problems, Banking the unbanked, and getting rid of the censorship and centralization. C'mon brother, Its like the internet in the 1990's Your on the ground floor.

Can this surprise you? Huh

A lot of changes in recent months. I won't be surprised if something goes wrong

AMAproject

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Quote from: Alabam178 on August 07, 2019, 09:59:26 AM

no volume but the price is rising

i exited all my BTCS 11900 and holding Dollars :If u see 12500: Gud for u exit all buys Price will not break 13800 and will come back below 8k i m not buying back at current btc price

This is extremely bearish scenario, I don't see how this can be possible at the moment. We are in a bullish up trend. and the lows are far gone. There has to be something really terribly wrong with BTC in order for us to crash down to these prices. Look at the instability we have in the world and how cryptocurrency can solve these problems, Banking the unbanked, and getting rid of the censorship and centralization. C'mon brother, Its like the internet in the 1990's Your on the ground floor.

Alabam178

copper member

Activity: 175

Merit: 3

no volume but the price is rising

i exited all my BTCS 11900 and holding Dollars :If u see 12500: Gud for u exit all buys Price will not break 13800 and will come back below 8k i m not buying back at current btc price

AMAproject

copper member

Activity: 171

Merit: 0

Price hit first part of our danger zone at the bottom side of the EVE neckline. this is first test on this zone we may have one more re-test before major drop.

Alabam178

copper member

Activity: 175

Merit: 3

Quote from: AMAproject on August 03, 2019, 03:13:12 AM

Quote from: Alabam178 on August 02, 2019, 09:15:24 AM

Quote from: ?? on ??

Quote from: Alabam178 on August 01, 2019, 10:05:24 AM

Right now it as if we are off the coast and we are watching the whales at play, they jump up, then quickly take you under, and then straight back up for air again... Did you survive? Well if you did, this is what we might be about to see.... WEEKS AND WEEKS OF SIDEWAYS FOREVER AND EVER... what better way to create liquidity to move higher, then to take the pattern, up, then down then up then down... RINSE REPEAT... 10 times.... arrr I'm exhausted just thinking about it... It is not a confirmed pattern, BUT it is right now possible, and it holds all the regions needed to continue higher, including the PARABOLA.

Short term, we are going to see some sideways movement on BITCOIN with little to no direction, we have a trading range short term of $9,000 to $11,000. We have a high liquidity area in which we are going to see the whales at play, long wicks to either direction taking out STOP losses and creating liquidity for the whales and Market Makers to push BTC higher. This is short term pain for the smaller traders, and if you can hold on and not over margin or sit in spot, I believe you will see the long term gains. This will also cause mass confusion to the direction, which for a whale or market maker is the aim of the game and the easiest way to take you money when you over trade positions. Over trading is serious issue in regions like we are now and will be where many smaller traders will lose the majority of their capital.

If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns

it seems your prediction has power
Observing 10500

Added a magnet for help... we have hit Target 1 and now some diagonal resistance, a little sideways before breaking higher

a break below $9400 invalidates this count
(I don't think it drops that low between you and me )

03.08.2019

AMAproject

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Activity: 171

Merit: 0

Quote from: Alabam178 on August 02, 2019, 09:15:24 AM

Quote from: ?? on ??

Quote from: Alabam178 on August 01, 2019, 10:05:24 AM

Right now it as if we are off the coast and we are watching the whales at play, they jump up, then quickly take you under, and then straight back up for air again... Did you survive? Well if you did, this is what we might be about to see.... WEEKS AND WEEKS OF SIDEWAYS FOREVER AND EVER... what better way to create liquidity to move higher, then to take the pattern, up, then down then up then down... RINSE REPEAT... 10 times.... arrr I'm exhausted just thinking about it... It is not a confirmed pattern, BUT it is right now possible, and it holds all the regions needed to continue higher, including the PARABOLA.

Short term, we are going to see some sideways movement on BITCOIN with little to no direction, we have a trading range short term of $9,000 to $11,000. We have a high liquidity area in which we are going to see the whales at play, long wicks to either direction taking out STOP losses and creating liquidity for the whales and Market Makers to push BTC higher. This is short term pain for the smaller traders, and if you can hold on and not over margin or sit in spot, I believe you will see the long term gains. This will also cause mass confusion to the direction, which for a whale or market maker is the aim of the game and the easiest way to take you money when you over trade positions. Over trading is serious issue in regions like we are now and will be where many smaller traders will lose the majority of their capital.

If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns

it seems your prediction has power
Observing 10500

Added a magnet for help... we have hit Target 1 and now some diagonal resistance, a little sideways before breaking higher

a break below $9400 invalidates this count
(I don't think it drops that low between you and me )

Alabam178

copper member

Activity: 175

Merit: 3

Quote from: ?? on ??

Quote from: Alabam178 on August 01, 2019, 10:05:24 AM

Right now it as if we are off the coast and we are watching the whales at play, they jump up, then quickly take you under, and then straight back up for air again... Did you survive? Well if you did, this is what we might be about to see.... WEEKS AND WEEKS OF SIDEWAYS FOREVER AND EVER... what better way to create liquidity to move higher, then to take the pattern, up, then down then up then down... RINSE REPEAT... 10 times.... arrr I'm exhausted just thinking about it... It is not a confirmed pattern, BUT it is right now possible, and it holds all the regions needed to continue higher, including the PARABOLA.

Short term, we are going to see some sideways movement on BITCOIN with little to no direction, we have a trading range short term of $9,000 to $11,000. We have a high liquidity area in which we are going to see the whales at play, long wicks to either direction taking out STOP losses and creating liquidity for the whales and Market Makers to push BTC higher. This is short term pain for the smaller traders, and if you can hold on and not over margin or sit in spot, I believe you will see the long term gains. This will also cause mass confusion to the direction, which for a whale or market maker is the aim of the game and the easiest way to take you money when you over trade positions. Over trading is serious issue in regions like we are now and will be where many smaller traders will lose the majority of their capital.

If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns

it seems your prediction has power
Observing 10500

Added a magnet for help... we have hit Target 1 and now some diagonal resistance, a little sideways before breaking higher

a break below $9400 invalidates this count
(I don't think it drops that low between you and me )

AMAproject

copper member

Activity: 171

Merit: 0

Quote from: Alabam178 on August 01, 2019, 10:05:24 AM

Right now it as if we are off the coast and we are watching the whales at play, they jump up, then quickly take you under, and then straight back up for air again... Did you survive? Well if you did, this is what we might be about to see.... WEEKS AND WEEKS OF SIDEWAYS FOREVER AND EVER... what better way to create liquidity to move higher, then to take the pattern, up, then down then up then down... RINSE REPEAT... 10 times.... arrr I'm exhausted just thinking about it... It is not a confirmed pattern, BUT it is right now possible, and it holds all the regions needed to continue higher, including the PARABOLA.

Short term, we are going to see some sideways movement on BITCOIN with little to no direction, we have a trading range short term of $9,000 to $11,000. We have a high liquidity area in which we are going to see the whales at play, long wicks to either direction taking out STOP losses and creating liquidity for the whales and Market Makers to push BTC higher. This is short term pain for the smaller traders, and if you can hold on and not over margin or sit in spot, I believe you will see the long term gains. This will also cause mass confusion to the direction, which for a whale or market maker is the aim of the game and the easiest way to take you money when you over trade positions. Over trading is serious issue in regions like we are now and will be where many smaller traders will lose the majority of their capital.

If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns

Hmm really interesting thoughts. I can propose a contrary scenario.

Topic: ⭕⭕⭕ [ANN][NO ICO] 💥💥💥 TRDS ✔️✔️✔️ TRADERS TOKEN ❗❗❗ - page 11. (Read 3364 times)