THREE WAYS TO GO: PARABOLIC HONEYBADGER, CHINA OR 2014 FRACTAL

Diupdate

Did I have a plan to buy or sell at this price? Or am I reacting to the market? If you’re reacting, stop here.

Always have a plan for all contingencies. The Price is X. If it goes up to Y I’ll buy or sell, If it goes down to Z I’ll buy or sell.

Have fun.

Catatan

targets

Catatan

buy target reached, resistance turned support now fomo

Catatan

its moving ahead as charted but sunday/monday are know to be bloody

stop loss €8595

Catatan

Just noticed previous resistance scenario. Hope not as that would trigger my stop loss.

I'll keep an eye on it.

Catatan

UP.

Lets see where it lands. i'm not taking profits until €9800.

let winners run

Catatan

same story stop or let run

Catatan

well then.. great reminder stop loss or let run is key.

Since we are inside the red bear channel lowers are still in play but we are also inside the blue upptrend channel.

Until recently we got above that channel but now inside it, still aiming for the outer layer of the red bear channel. That is where I said will be the final battle.

Catatan

We need to break purple to keep going above trend channel formed from bottom.

Plus side we are still above the mid green line of the 2017 channel.

Today is crucial as I always fear bloody mondays!

Catatan

we got rejected but landed on 2017 channel mid average. I got a tight stop loss as we might revisit 8283 support and below if bloody monday visits.

If purple roof breaks we can leave the roof of the uptrend and resume a more bullish attack on the dread red bear channel.

Catatan

Looking better, but still no trust for mondays!

Catatan

We're probably going down to retest 8283 or worse :D

Gonna rebuy at that level and then stop loss beneath it. Could be a 5% loss or a +20% profit.

Catatan

yeppapido, how low can it go :) ?

As I said, I'm playing 8283 for a quick buck and then we have very little support down to 7800

Catatan

this one is messy but still, I got stop loss:ed out.

I redrew the chart, If im wrong i have set a stop loss buy at gren dotted line.

Otherwise still the same idea.

Catatan

bloody monday bloody monday

it will get worse before it gets better <3

Catatan

buy order at 8200-8300 should be good.

stop loss beneath it

Catatan

this line is being defended heavily.

this is the top side of the same resistance line as the blue one.

bears are decisive

Catatan

bought in again at 8424. Stop loss 8420.

There was some real good action going on right there, market orders worth millions per second. This is what we all love and hate about btc am i right? It is just a matter of being on the right side of the trade, full on psychological war.

If you keep your fomo and fud in check then sky is the limit.

Catatan

Just got home in time for some action.

Rode my long form 8424 to 8952. As i moved my stop loss upp every support level.
As the price reached closer to the top both the jumps and stop loss got tighter.

As I feared. Bloody monday is upon us.

Catatan

First target is 8816 and it was just reached, too fast. We already bounced. TBH I haven't had the time to analyze the situation and i will not try to play this.

I will watch it and stop loss buy my exit in case if it goes up. Otherwise I'm letting gravity do its work baby.

Catatan

bulls are strong today. might be because bloody monday hasn't started yet or because there was a lot of sideline money waiting to rebuy without needing to wire in the money.

We're flirting with important resistance/support lines. Don't think it will be decisive for the mayor trend but will affect where btc tackles it down trend red channel.

Catatan

messy charts, btc ain't got time for nothing

almost made it above water

Catatan

excuse my chart atm

rough sailing through these waters but we got some good momentum going, if we stay above past support. we might blow right through straight for the final showdown.

Catatan

support /resistance squeezing tighter

Catatan

Same idea. 1h view. lots of pressure from both sides. whoever wins bull or bear wins big.

I'm not taking sides, playing both scenarios. holding atm, selling at top of blue resistance, if it breaks upwards i'll stop loss buy or wait for support. Depends on the violence.

If it breaks down, I'll stop loss and rebuy (& if necessary sell) next support all the way down to bottom.

Catatan

Sold, Last time to buy at the bottom of the channel before breakout, either up or down.

Stop loss ofc beneath

Catatan

That was a close one, luckily I rebought at last exit just before the pump.

Let's see where it lands. If it holds support this is the last chart of this serie.

New chart coming up for the final battle with the bear.

Catatan

we need a bounce and a close above on the 1h first though

Catatan

ya man

now sleep son

Catatan

we rechead prev target of 9400

heading for 9700 instead of 9800

Catatan

coling up to the make or break.

Showdown is tonight or tomorrow.

New bankwire money is getting in. USA is waking up. I expected some bouncing up and down until the pressure becomes to big. unfortunately we're positioned unfavourably beneath the resistance lines, fib, blue resistance and purple trend lines, plus the big fat red bear on top of it all.

Catatan

broke out to retest roof blue trend line which should be fairly weak and head against the btc sell wall on 9800, I believe a lot of shorters will hide there too. stay safe.

I have half a position atm, will enter full position at support before taking on resistance at 9800

Catatan

this baby is going up through the resistance, we'll see how it handles 12k usd

there are some unnatural sell walls there. 50-100 btc each that keeps moving upwards after convenience.

Catatan

sold 9500

bought again on support .

stop loss on support är key

Catatan

we might go lower 8800

Catatan

Yep prev support was too weak, only real support is at
8283

Catatan

let it fall down .

Catatan

New idea on the macro trends possible for 2018

Long term chart with 2 happy endings and 1 brutal bear.

Catatan

finishing this series now. New chart coming up.

Almost reached target of 8283 at 8320.

I bought and i'm hoping for a rebound. a failure to do so would put both bull channel and recovery in jeopardy. next level would be 7800 euro

Catatan

Continuation of short term action.

Enric001

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