Bitcoin Trend / No. 509 / We Made It Simple / What You See

in #bitcoin7 years ago (edited)

Time: 3.35 P.M. / GM+2 / 26th Feb, 2018 – Mon.

  • When I sold the top of 2017 at 19.7K, everyone said: I got crazy!
  • When I predticted the low of 2018 at 6K, before 5 days from the drop, they said: I am wrong!
  • When I made the first buy call on 2018 at 6.1K, everyone was with the bear wave!
  • When the price reached my target at 11.7K, I sold the 11.65K ( was the second call on 2018 ) and everyone did not understand why!
  • When I caluclated the possible low of 9.2 k, before 6 days from the last drop, no one believe that I am right!
  • When I made the third call ( was buy call at 9.37K on 24 Feb), they said:
    I am a loser!

When everyone with bullish trend, @lordoftruth with bearish move!
When everyone with bearish trend, @lordoftruth with bullish move!
I think something wrong with me, the last 12 year.

Usually, I hear the sound of drop during the bearish wave..
But as I did not hear anything, the last 72 hours! The trend is up..
I hope that I am wrong this time and I have problem with my ears !!!

I am a trader like you..
I do not sell the trend, I trade it..
I do not read the chart, I make it..

I am here just to highlight some facts about trend,
the reason why I made Bitcoin Trend simple, to understand it..
Enjoy the trend, my friend..

Upside continuation is expected / to at least 5/8 resistance area / to hit the target 14.5-15K, on the end of March..

Maybe as trader, I see what you did not see, maybe I am wrong, but this is the way that I trade, do your own due diligence!

No one knows tomorrow's price or circumstance. I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. I do not accept responsibility for being incorrect in my speculations on market trend.

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So What About The Rest Of Day!

  • Bitcoin is currently trading around 10.1K at time of writing and the trend for the rest of day is bullish.
  • Bitcoin Core 0.16.0 is released.
  • Bank of America warned its clients about the risks of cryptocurrencies while it was reported that Austria is planning new regulations for the industry and ICOs.

Support : 9300.00 level (Major).
Resistance : 11000.00 level (Major).

Expected trading for the rest of day:
is between 9300.00 support and 11000.00 resistance.

Expected trend for the rest of day :
Bullish.

Medium Term:
Bullish.

Long Term:
Bullish.

The low of 2018:
5947.00 / IHS Bottom.

The high of 2018:
25000.00 level / Expected.

Thanks For Reading..

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

What You Know About --> Fibonacci Retracement in Trending Market.   

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I have to admit that you have been right more times than any other analyst that I follow! Thanks for the wisdom!

Deadly accurate, I keep sending people his way.

Lol!!

Thanks for continued support to my blog

Awesome! Congratulations! YOU WERE RIGHT!

Thanks Mate..
The time to get some rest..
Have a great day..
We ( Me & You ) are as always, on the right way..

 7 years ago  Reveal Comment

Your calls have been spot on! If we get to that 15k mark in March, what do you think that will happen then?!

Upside continuation is expected after 15K , but due to the new cycle on April, a correction might be in play. The thing will be more clear before we hit the target with few days.

What you give us is always useful to us.
I always support you although I rarely comment on your posts .. My voice is always for you although there is no influence whatsoever.

Very nice job bro. I agree with your resistance at $11000. There are 3 stacks of sell orders (in the red circles) at $10800, $11000 and $11600. Price is testing the first orders of sellers at $10200 (aqua circle) currently.

You are not crazy.

Thank you for the information.

realy nice post.Excellent move. I always see your post and follow you dear. good job

this great information I appreciate your crytocrrency news

Great post.....
I appreciate your post....
Thanks for sharing........

thanks for sharing this news,
i appreciate your every post.

I was wrong too. I did not believe that bitcoin can drop at 6k. I always follow your analaysis.

i think it is an informative post... i like to read your post and i think it is specially helpful for me...

simple and clear without vague

good post and thanks for information

This post has received a 12.07 % upvote from @boomerang thanks to: @lordoftruth

Well then are a prophet of bitcoin? If all that your predicted as you said came to pass, then it's about time you change you name to Prophetcoin.

All hail to the bitcoin king :D

I like your determination and style. Upvoted!

Your blog is really helpful for us . I like your post very much. Thank you so much for sharing.

Thank you so much for your analysis . I was silent follower so far but have been looking at your post from past couple of days . Thank you once again

The release of Bitcoin Core 0.16.0 is a really remarkable milestone, it marks an important development of Bitcoin to reduce the transaction fees and processing times which have been the major concerns for users. If it addresses these concerns, Bitcoin is likely to solidify its position as the most popular network in the cryptocurrency and blockchain industry.
Meanwhile, two of the biggest cryptocurrency exchanges, Coinbase and Bitfinex, have confirmed that they are going to launch the SegWit protocol on their websites: Bitcoin Core 0.16.0 Introduces Full Support for SegWit

Your recaps are refreshing and easy to understand which is exactly what I need. BUT now I want to hold til end of March! But I've got to flip something first.

@lordoftruthyour posts are golden..yeah.. i thik post might have its advantages as well as & specilly thanks for sharing....
.##Upvote/Resteem###