CovidScamIsAnIQTest

CovidScamIsAnIQTest

Wait to get in at the level where fib level at 0.78 on 15-min chart. The trend line is expected to hold there and bounce up.

CovidScamIsAnIQTest Updated 

The picture is worth thousand words :) It's a waiting game.

CovidScamIsAnIQTest Updated 

Let's hope the 5 waves to complete and to hit 350. I think I should go to sleep now. Pass my bedtime for too long. Happy trading everyone.

CovidScamIsAnIQTest

Today's new high is pathetic. Is it time for a correction for a .618 retracement? I am just mapping out possible movement according to the historical chart. If that happens, normally BTC will perform two or three "dead cat bounce" before reaching the final support. If we were to see a 40% drop in a period of 36 days, it will almost reach long term trend line and...

CovidScamIsAnIQTest Updated 

Th yellow area would be my re-entry point. Be patient and wait to see if it will form like I expected. This should also depend on how Bitcoin behave.

CovidScamIsAnIQTest Updated 

For the love of a bright future regarding LTC, I would be ready to collect coins while it is still affordable. Will not open huge position, but enough to ride it up till 67 :)

CovidScamIsAnIQTest Updated 

Seeing the bullish ascending triangle on the 15-min chart? Let's see if it worked out nicely as expected.

CovidScamIsAnIQTest Updated 

The golden bag I have drawn on the chart is where the fib level, previous resistance (now support), trend line and MA met. Lastly, it is starting to form the 4th wave after the long run of the 3rd wave. What are the chances the ether bounce from there? I see the odds will be on my side. Do you?

CovidScamIsAnIQTest Updated 

I am going to collect some coins around 618 fib retracement level, along with 100 MA 4H, and where the uptrend line meets. This should complete the 4th wave on the chart. If the drop is fast, the bounce could be strong. Hope this is working out.

CovidScamIsAnIQTest

Everytime BTCUSD retraces around 35%, it triples the price of reversal point (meaning 200% gain). Will it do the same once again? I would like to go long, but I will wait for a 10-15% retracement happen first.

CovidScamIsAnIQTest

As I circled in yellow, it popups up to me as a strong support for BTCUSD. The reasons are listed below: The fib retracement is right at .382. price had consolidated in that area before taking off higher trend line crosses at the same time Elliot wave No. 4 If that happens, it will be over 20% drop. If the drop with a speed, most likely it will bounce...

CovidScamIsAnIQTest

Looks like it found .618 fib retracement for temp bottom on 2H chart and forming a flag pattern. Let's see if it breaks out soon.

CovidScamIsAnIQTest Updated 

Call me crazy, but, is it going to complete this beautiful butterfly? Please reference the youtube video for how to identify Cypher pattern here: www.youtube.com Wish all of you - happy trading. I hope our patience will pay off.

CovidScamIsAnIQTest

BTC does its thing, again. Let's watch how it is going to conquer the wave 5 with an explosion. - this will have to based on all fundamental support in a positive way to attract FOMO :) Find an entry is a key to ride this wave up. it is possible to try and test the breakout level again. I am thinking to go long at the 4th wave. What are your thoughts?

CovidScamIsAnIQTest Updated 

BTC is consolidating, gather strength to move up (maybe), if it happens, the target would be around 3700. The closer the consolidation area close to the highest high, and forms high lows, plus good news (or no bad news) will make this possibility higher. As much as I love to get cheaper coins, we will still have to adjust ourselves to plan B. I think it helps me a...

CovidScamIsAnIQTest Updated 

The flag drawing says it all. It is amazing how fib projection matches with the height of the flag pole. I would enter a long position to add more coins if it dips below 3000. What are your thoughts?

CovidScamIsAnIQTest

If it completes the flag pattern, meaning it reaches fib retracement of 0.618 level, at the same time, meets the trend line (pink), it has the potential to reach fib projection of 1.27 level. The entry would be around the yellow circle area.

CovidScamIsAnIQTest Updated 

The drawing on the chart says it all. This analysis is based on the raising wedge pattern. www.babypips.com