ROCKETS ARE PRIMED AND READY.... MAGNETS ABOUT TO BE ACTIVATED.... we have one more wave up... then one more down and we are ready to take off... GET READY 10...9...8...7...6...5... SELL IN MAY AND STAY AWAY (See what I did there) ;)
But again I want to reinforce this as the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short) I give you BTC 16K annnddd NEW ALL TIME HIGH of 21K :).
It's written in the STARS
Long Term Support is around $5,327 but we could see a wick to $4,600 region so don't over margin that trade!!!
THE TECHNICAL STUFF Right now we should see a bounce soon with a possible rise to $8,425 before HALVENING, then the MAY drop to long term support region, and then we are off and running!!! RED ARROWS - show the final breakdown of the pattern GREEN ARROWS - show the calm before the storm, and our wave just about to take off. I don't think we break this long term support by anything more than a wick, I don't believe whales and exchanges would let that happen. The market is still small enough to be controlled and manipulated.
BTC has NOT broken support, in fact we have bounced each and every time off the diagonal support, we are in the process of finishing this wave higher after this minor correction to the possible $8425 Target, lower wedge support is NOW $5300-4600 range as we progress sideways. This is the 0.78 FIBONACCI range which BTC loves to correct to.
Our Overall correction was also a result of rejecting the parabola, so I believe we are going to 16K to retest and attempt a breakthrough only to feel the rejection at this region again.
THESE RANGES ALSO COINCIDE WITH LONG TERM DIAGONAL SUPPORT FROM AROUND 2015 - this was the start of our bull run as such.
If this region fails to hold and find support of the buyers, our next support is $3,200 range which was the bottom of this run. I am okay with a wick breaking through to this region for a strong bounce. **********************************************
NOW ASK YOURSELF THIS - IS THIS SATIRE OR ENTIRELY POSSIBLE?
I'll let you make that decision for yourself, as you are pushing the buttons. BUT let me tell you this... at HOPEAHOLICS ANONYMOUS and in my world... ANYTHING IS POSSIBLE!!!
SHOOT FOR THE MOON - EVEN IF YOU MISS YOU'LL LAND AMONG THE STARS !
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If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns.
So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED! And remember, there is NO RIGHT OR WRONG in trading - just money management!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
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This is a possible EW count on current waves, where we get our last minute spike to halving, before a greater blood bath in May
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The current B wave here could run as deep as $5,327 as shown on chart (red dotted line)
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CLOSE UP ON THE WEEKLY shows our BULLISH pivot is very possible
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BTC is starting to look like a LEADING DIAGONAL pattern which will take us to the BULLISH pivot (and hopefully beyond)
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We are closing in on the BULLISH PIVOT at $8,425 if we can break this region LONG TERM RESISTANCE is $10,200
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#BTC So apparently something happened while I was sleeping... 🤑🤑🤑 MAGNETS and ROCKETS FULLY ACTIVATED 🚀🧲🚀🧲🚀🧲 I have marked resistance zones, we are at one now - $10,200 is the Target which is long term resistance $10,495 with FOMO added 🤘🤓🤟
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LONG TERM CHART - CHECK-IN a perfect retrace to diagonal support with upper resistance here $10,522 - this is slightly different on other exchanges (Binance chart)