InvadingViews

InvadingViews

...or at least till the top of the range at 70k. It seems we have completed some ABC flat consolidation, some solid non traditional fib targets supported strongly. If this is EW wave 3 there will not be many resistance from here. One after another the mass will think it's the top.

InvadingViews

The chart explains my thoughts. Expecting a new ATH and beyond.

InvadingViews Updated 

New ATH is likely by the end of the year. We spent a good amount of time accumulating, majority of the coins are in strong hands now. A little demand will significantly push the price up.

InvadingViews

We have wider spread and volume on the way up, small spread and volume on the way down. Im expecting to leave this trading range very soon.

InvadingViews

Just a little update to my previous idea. Short term long, medium term still sideways, long term long. Some nice trade setups in this "little" accumulation range.

InvadingViews Updated 

While I know my previous idea says we are unlikely to go below 30k, new data changes this perspective. Its looking more like a potential accumulation range, a moderately large one at that, for the big boys to accumulate while the small guys get bored and move on the other assets. SHORT TERM = SHORT MEDIUM TERM = SIDEWAYS LONG TERM = LONG

InvadingViews

It's time to climb the wall of worry with fear everywhere including China. I am pretty confident we will not go below 30k again.

InvadingViews

If you throw enough poop,some will stick. Update to my original idea that played out pretty closely. Its hard to predict exactly where it will stop, but fib and horizontal support around the 35-41k level. May seem like a large range, but cascading margin can do that. Regardless of how it plays out, I am confident we will see one more low below $41,000.

InvadingViews

Many including myself, were expecting a = c or horizonal support, or test of previous high at the 40-42k. But even with "bad news" with Elon, we only managed to test 45k ish. I think this is close enough for it to be a bottom. I suspect the next stop is 80k. Longing here $50,500.

InvadingViews

Bitcoin has a history of doing a lot of ranging until November/December. Lots of historic lows and highs were in these two months. Longing here for a medium term trade.

InvadingViews Updated 

We will eventually hit 100k, but it won't be in a straight line.

InvadingViews

Relatively. The structure looks to be different after 3 attempts at a new all time high. Good things comes and ends in 3s. If the recent low was a bottom, it doesn't really make sense. I suspect a prolonged correction.

InvadingViews

Parallel support held, the test of the upper channel at 80k should be a nice target.

InvadingViews

Support held, expecting a test of the upper channel in the near future.

InvadingViews

Looks like the channel won't hold and we will see a breakdown towards the 44k mark.

InvadingViews

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InvadingViews

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InvadingViews

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