PRS LIVE #2 SUPPLEMENT DERIVATIVE MAP TO 8/7

1 באוג׳ 2020

This is going to be the first successful derivative map for bitcoin. I've had good calls before, but not a good derivative map. In this situation, I have much more confidence in this 4-angle map.

1 באוג׳ 2020

הערה

OMG, I might actually be too slow. If this thing takes out 14k by TUESDAY, that means 16200 could be in the cards THURSDAY! Un-freaking real.

2 באוג׳ 2020

הערה

Sunday 2:15 AM CT. Way to spike down at the curve. 10500 and bounced very strong. So....

1. Forecast stands. It has not changed the regressions enough to alter the path yet.
2. That was a 13% spike down, not strange with bitcoin.
3. There are sellers showing up.
4. Let's see where prices are late Monday to figure this out.

2 באוג׳ 2020

הערה

UPDATE: Sunday at noon. Curves showing this can't do well past Tuesday because of the shift caused by the rug pull. So if you are in this, I would babysit this and pick an exit. Personally, for managing PRS trades I would exit now bc our entry was like 11k for this move. PRS would take a small win and find a better spot to reenter.

Even though the window to 14000 is still open, the smack down changes sentiment for sure. PRS didn't entry well this one, so it's smart to exit 11215. While it foresaw the the move up, it also thought 11700-11800 was open to shenanigans. That's why I put the first TP at 11700 or so. I changed it because I have trouble trying to be both "strategic AND tactical". So for the purposes of the standing record, I'm taking the exit for the win.

2 באוג׳ 2020

הערה

I WANT TO POINT OUT THAT PRS IS TRYING TO WIN 9 OF EVERY 10 TRADES.

I am not watching most of the time, so in order to preserve the win rate, I will take the exit for PRS. As I said above, the window to 14,000 still open BUT NOT AS WIDE AS BEFORE.

2 באוג׳ 2020

הערה

4:37 PM CT.

Cant tell if it hite 10200 later. So if it does, its a strong buy.

2 באוג׳ 2020

הערה

Its a decent buy at 10400 to 10600.

4 באוג׳ 2020

הערה

5:53 PM TUES REENTRY AT 11215.