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El Coino (the Coin) aka Bitcoin
Posted on July 26, 2021 1 Comment
that was QUITE the pop today and we are getting close to resolving “one more leg lower” or was that it … either way, my BULLISH outlook on Bitcoin remains … the chart below is the bearish option and the one I’m going w/ for now … but, we will know soon. be ready to […]
Bitcoin .. short term still favors the bears
Posted on June 28, 2021 Leave a Comment
last post on Bitcoin: https://atomic-temporary-44460632.wpcomstaging.com/2021/06/21/bitcoin-update-3/ nice rally from the fresh lows in the high 20’s .. but, for now, still suggests a correction in a ongoing 5 wave C wave pattern. if we blow thru 41358 (note futures contract – other prices may vary) on a daily close above then, more probability that the low […]
Bitcoin Update
Posted on June 21, 2021 1 Comment
last post on the Coin: https://atomic-temporary-44460632.wpcomstaging.com/2021/06/02/bitcoin-need-some-energy-thrust-to-prove-low-in-place/ lot’s of pressure on the Coin … certainly doesn’t look like the low will hold and will plunge into the 20k’s. here’s the deal, this smells, feels (I’ve been “scrambled” (surfing term being caught inside) by a C-Wave before) and while it’s a fools game to pick tops or […]
Bitcoin update
Posted on May 12, 2021 1 Comment
last posts on Bitcoin: https://atomic-temporary-44460632.wpcomstaging.com/2021/04/18/bitcoin-update-island-reversal/ today’s “Musk Induced” Sell off certainly smells like a C wave … that supports a zig-zag correction and it certainly smells like we are in a 4th wave correction … targets of low 40’s and, depending on thrust into this level forewarns of a move below into the low 30’s […]
Bitcoin Update – Island Reversal
Posted on April 18, 2021 1 Comment
last post on the Coin: https://atomic-temporary-44460632.wpcomstaging.com/2021/04/13/bitcoin-update/ our last post on Bitcoin ID’d multiple patterns … multiple AB=CD, a 3 drives and a butterfly sell all in the 65-68 area. in my original post I just took a look at the chart “real time” and said 66-67 but did some work on the intraday charts and […]
BITCOIN update
Posted on April 13, 2021 1 Comment
last post on BITCOIN: https://atomic-temporary-44460632.wpcomstaging.com/2021/03/26/bitcoin-futures/ Bitcoin has made, as expected new highs and there is probably some more to go … that being said, the count has worked thus far so I’m sticking with it. always open to get the eraser out, as many of you know, but for now we are advancing in the […]
Bitcoin Futures
Posted on March 26, 2021 1 Comment
turned bullish on Bitcoin down around 6-7K and off it went…. the past couple weeks have been interesting as it’s been hovering around the 50-60K mark. I’m still bullish. as for – right now – I see another leg up to make a newer high and then a BIG 4th wave correction and then another […]
the Coin … update time
Posted on January 11, 2021 Leave a Comment
while we came close to our upper targets, we never actually hit them but based on this price action I’m going to assume that we have a near term top in place for a much needed correction to relieve the steam. this is very preliminary but I’m using the past to project into the future […]
the COIN update ..
Posted on January 9, 2021 Leave a Comment
SHEESH …. all I can say. and, objectively, STRICLY LOOKING AT THE CHARTS, this sure looks/smells like 3rd of a 3rd action so I’m updating my count. it BLEW THRU the first two targets at 23K and 34K and now I’m eyeing 43-45L and 51K does this mean the run in bitcoin is over – […]
BITCOIN
Posted on November 17, 2020 Leave a Comment
The notable aspect of Bitcoin is the CRUSHING of the Gartely 222 SELL PATTERN in/around 14-15k. As you have seen me blog before, failed patterns aren’t fun because IF you took the investment/trade THEN you probably lost money. But, to try and figure out “where” you are they tell you a lot. The “usually” result […]