Actually, I have been saying BTC would fall since DEC 6TH 2017, just check my previous charts on BTC .
Well, finally 10k support has just been broken, and price has lost MA 1000.
Next stop should be 8700. It should struggle for a while until it goes for the final target: 6.999.
About my Strategy:
All the strategies that I tried learning around gave me at most 60% of profit probability; to me, that is almost a gamble, or flipping a coin - as 50% - 50% chance.
So this is why I am trying to come up with a new way of trading perspective that could really tell us what is going to happen, and that could gives us more then 60%.
The main idea here is to trying to understand what the heck is going on in this crazy market, from a high altitude point of view, inside the waves we can never see where the sea will lead the price.
For those who don't know, I am trying to use a hole new way of trading perspective: "The Moving Water" that keeps working on my charts posted, but I am still improving it as we speak, so let me answer somethings a lot of people are questioning:
Yes - For now I am still testing and improving this new trading perspective.
No - I still don't have a blog or website, but keep following and later on I will open up for those who want to learn it.
No - "THE MOVING WATER" are not the moving averages, it is so more complex then theses. They are useful, but, actually, most of the time, they fail to give you the right signal, so it is necessary to combine so many other concepts, and time analysis together to find out where the price will go.
First Free Tip Proven: ALL MAs, SUPPORTs, RESISTANCEs: are strong until they brake, as you can see on this update on the 10K that was a support.
GOOD LUCK. GOOD PROFIT. ALL IN.
First of all: If you did not fell on the wrong rumor that BTC would bounce up from 10k,
You have saved money, earned money, or at least, did not lose money, because now price already reached 8,700;
Well, "THE MOVING WATER" my new trading perspective is working very smoothly, and improving more and more.
In this crazy world, if you are not losing money you are already a winner.
Now we are finally heading to the final target.: 6,999 (7K). (Follow on the previous chart I posted. Link is below: BTC 1-2-3 ...storm ahead - get cover.)
Lower prices could come up, but I am trying to post only what I am 100% sure it will happen, so I always keep my predictions within a safe zone.
I want to share with you two things:
1. About Liars
It is funny how things work after a big move happens. "Smart guys" start saying they knew all along, and that was so easy to see that BTC was going to fall when it was 19k, back on Dec 16th.
So, I want to help you spot those silly ones:
First of all, everybody wants to be know as the person who predicted a big move, so if the person did not post a chart before Jan 10th 2018, they did not believe BTC would fall.
One thing I am loving Trading View is that Actions are Louder then Words. So if you post something you cannot undo, and if you did not post something it is not possible to post it back in time.
So, there is also an easier way finding those liars:
If they did post 4 days ago to go Long on BTC, they still did not believe that BTC fall hard. Actually they were believing that it would bounce on 10 k then go long back to 20k.
2. About Fishing.
Some guy told me that I was fishing for views when I was posting my chart all around to advise people what is about to happen.
Well, when I looked his profile posted charts, 90% of them did not work. So to me fishing for views is posting a wrong idea trying to fool you that they know what they are doing.
In addition, this chart here is working very smoothly, and that guy's chart from 4 days ago is now crushed.
So, be careful with these top author, most of them keep fishing for view and don't care if you will lose money.
Nobody is right 100%, but one thing is study a lot about something, like I did here on this chart, and as I have been doing on BTC since DEC 20th, and trying to post something that I really believe that will happen; and another thing is just do a quick research, looking around and post everyday a stupid idea just fishing viewers.
Another chart Successful. It is the 8th 100% Perfect chart in 2 months.
RESULT: YOU WIN !! - 0.....100% PERFECT!!!
Thank you for all the praises.
"One person just sent me this message: Hi man, it's been a long time since I read some fisherman's idiocies like you say on tradingview and this is the first time I really see which one who cares about preserving his capital asset to better win the 'money
thank you very much for your advice"
I hope more people feel the same, because that's what I am doing here. Just trying survive and help others to survive in this crazy world.
Next stop should be 8700. It should struggle for a while until it goes for the final target: 6.999. It will take a while to come back to that, maybe a bull trap on 10k, for more fall.