CovidScamIsAnIQTest

CovidScamIsAnIQTest

The market will have corrections, but if the correction does not pass previous low (1800 level), we should see the continuation of the bull market for BTCUSD doing its 3rd (longest) wave.

CovidScamIsAnIQTest

We might be in the 3rd wave right now...and hitting 500 range in this year :) This is just another idea I have when looking at the chart zooming out.

CovidScamIsAnIQTest

It's too early to draw this I guess since it has no sign of being topped out, yet. For learning purpose, I put my artwork here. Reference video: www.youtube.com

CovidScamIsAnIQTest Updated 

Clearly, downtrend was disrupted....could it be testing previous low once more? I hope so. But no one knows. Watch close at trend line - if it touches the bottom side, I will consider entering a long position. (216-225). If that does not hold, we will see 180's. Simple? Who is with me?

CovidScamIsAnIQTest

The long term trend is HODLING. Get in for a long position at baby blue area could not be so bad.

CovidScamIsAnIQTest

I am a bull, but at what price? As you can see, LTCUSD is forming head and shoulders pattern. The ideal price would be inside two green lines. Let's see how it plays out.

CovidScamIsAnIQTest

See the yellow circles? Is this run-up a bull trap like last time? Then, follows huge decline? You tell me. By the way, I am using bitstamp because they have more data...but it should be similar for coinbase.

CovidScamIsAnIQTest

Are we going to back to where we took off around mid of May? That explosive up move still seems so fresh in my mind. It is sad to see ETH being beaten up like that. It depends on market condition, especially with BTC, plus ETH also has its own problems. So far, there are no confirmed code based fixes. Just be happy if you can get a double number of coins if it...

CovidScamIsAnIQTest

Following smart money/institutions footprints, I see the possibility to go back $24 - $30.50, given there are still two weeks until Aug 1st, go all the way up to $48 is less likely. Today, LTC didn't move while BTC and ETH are all above 15% gain. Target 1 would be ATH, take some profit if you like, but most likely will poke through without hesitation since it...

CovidScamIsAnIQTest

Today it broke the support on around 61.8% fib. So, here is the change of plan. From what I can see, each drop lately from $57, it drops a bit more than 20% - $37-38 is next stop, then bounce. Take profit if you want to unless you are holding long term.

CovidScamIsAnIQTest

Today it broke the support on around 61.8% fib. So, here is the change of plan. From what I can see, each drop lately from $57, it drops a bit more than 20%$37-38 is next stop, then bounce. Take profit if you want to unless you are holding long term.

CovidScamIsAnIQTest

No other way to describe it - the paradise for ETH short traders till Aug 1st...it might be related to BTC since BTC is the king of cryptos.

CovidScamIsAnIQTest

Don't you think the odds are on our side? I see the stairway to heaven - each stair is located at 61.8% fib retracement with a bullish flag formation. Let's make it a perfect chart till we reach heaven.

CovidScamIsAnIQTest

When we steadily rise for a long period of time, there will be a 0.5 fib retracement by dropping around 38% percent. If this is true, be prepared to catch some coins around 1800's.