BTC retrace possibilities

12 במאי 2018

Assuming correction is NOT over, here are two quick possibilities I am watching for.

12 במאי 2018

הערה

After fine tuning some fibs and such, we are at first possible bounce zone

12 במאי 2018

הערה

Holding so far, but not impressive.

12 במאי 2018

הערה

Bulls need to break 8350 with gusto to show other bulls that an impulse up is starting

12 במאי 2018

הערה

Bounce looking good, now we need to make a higher high:

12 במאי 2018

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.
Nice!

12 במאי 2018

הערה

WAITING for 8400 retest

12 במאי 2018

הערה

breaking that 1.618 like that is impressive as hell
s3.amazonaws.com/tradingview/snapshots/t/tLUTcJ63.png

12 במאי 2018

הערה

based on this Fib battle, moving my retrace zone higher, 8460

12 במאי 2018

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Looking good still, waiting to see what happens here:

12 במאי 2018

הערה

all in the plan
s3.amazonaws.com/tradingview/snapshots/6/62YPAKQB.png

12 במאי 2018

הערה

We really need a bit o retrace here

12 במאי 2018

הערה

Caution here:
s3.amazonaws.com/tradingview/snapshots/h/h5xOeG99.png

12 במאי 2018

הערה

hit a 2.618, gotta pull back a bit now
s3.amazonaws.com/tradingview/snapshots/t/T9hACu6c.png

12 במאי 2018

הערה

Need to cross 8700 to proceed to next resistance zone

12 במאי 2018

הערה

If this micro move plays out like this and bounces hard off 8500-ish, we are BULL af!! s3.amazonaws.com/tradingview/snapshots/m/mTKKuVQR.png

12 במאי 2018

הערה

So the ABC retrace is deeper than expected, but still normal and still bull. Now we need to bounce at or above 8350

12 במאי 2018

הערה

Critical moment here:

12 במאי 2018

הערה

8350 battle, Round 136 or something.
Both sides know the importance here

12 במאי 2018

הערה

Bulls look to have held 8350 for now.
But i wish the bounce was more aggressive.
No volume right now, but a good sign instead of a bad sign

12 במאי 2018

הערה

Could this be the impulse up to 9k?

13 במאי 2018

הערה

If break this 618, then previously posted 12345 above is still in play

13 במאי 2018

הערה

This is good w4-like behavior: slow consolidation, perhaps a triangle. Watching 8540-8560
s3.amazonaws.com/tradingview/snapshots/9/9SGSScyC.png
If it bounces there and then breaks 8650, then I will be more confident that bottom is in.

13 במאי 2018

הערה

Is this the bounce?

13 במאי 2018

הערה

.
Fine tuned targets

13 במאי 2018

הערה

Here we go?

13 במאי 2018

הערה

BTC behaving as I last posted. A good sign in that it is rational again!
I am now trying to estimate the pullback

13 במאי 2018

הערה

8850 next?

13 במאי 2018

הערה

88xx still on the table for this run. I had the wrong 1-2 wave imo
s3.amazonaws.com/tradingview/snapshots/p/P1Ynxpwe.png

14 במאי 2018

הערה

That very last chart did NOT work out.
Turns out the last push up was actually the Wave 5 of bounce.

So now I am watching for this:

14 במאי 2018

הערה

Ouch, came screaming down into my zone.
Knife falling fast, wait for it to hit and stop quivrring, but watching.

14 במאי 2018

הערה

Oh well, no ground found yet

14 במאי 2018

הערה

Back to the original plan: was a wave 4, and wave 5 has started:

15 במאי 2018

הערה

Currently watching 8500 range for sings of correction being done