Dragon Formation Heading North; Possible Breakout to the Topside
Bitcoin is Reaching for the Stars, with Help from the Frequency Wave that is Currently Moving up to crossover the Top Pitch Line by September 30th...
Once thought to be a Thousand Year Market Storm, yet Now we Know it is the Bitcoin Harmonic Frequency Wave, Resonating through the Grid in 28 Day Cycles, and Now Bitcoin has a Reasonable Chance, to Shoot for the Moon, or Possibly even a Star...
The 2019 Bitcoin Voyage
It Previously Had Only Three Possibilities; Up then Down, Down, and Down More, yet Everything is about to Change or Could Change Very Soon...
The Pitch Line is Dropping and Passing through the Top Channel Band, and Bitcoin Recently Dropped with the Lower Right Leg of the Star and then quickly Recovered after the Drop was Rejected; Bitcoin is also Trending in the Top Channel of the Cycle Band, which is Moving Up and Heading North. This Should Push Bitcoin and the Dragon Formation Much Higher, for a Plausible Crossover and a Possible Breakout to the Topside.
Dragon Formation, Breakout & Drop Timeline
Key Points:
1) Neck & Head Formation is Possible above the Top Pitch, yet Less Likely after September 30th.
2) If Bitcoin doesn't Breakout by Oct. 30th, expect an Abrupt Drop Between Oct. 1st. & Oct. 7th.
3) If Bitcoin Drops below $9,600.00, Expect an Abrupt Bank Busting Drop, Down 1 to 2 K Lower...
(((The 21 Week Moving Average is Currently at 9,600 and when this got hit in 2017 it started a non-stop plunge that ended at 3,125.00 and the Chart looks Identical)))
If you buy, make sure you have a stop loss set at or near 9,600 (at or near the 21 Week Moving Average), because if it hits it and drops below it, it is all downhill for quite a long spell...
The Bitcoin Frequency Breakout & Drop Timeline...
The Bitcoin Frequency Breakout & Drop Timeline...
The Progressively Stacked Bell-Curve & the Bitcoin Harmonic Frequency Wave
Dragon Formation is Pushing Up Against the Downtrend Pitch, with a Possible Breakout any Minute
Dragon Formation is Pushing Up Against the Downtrend Pitch, which Could Cause a Topside Breakout
Grid Update:
The Bitcoin Grid was off by as much as 2 1/2 days up to the Last Surge Line and as much as 4 days off out to December, so the Dates and Locations of Dragon Heads have been adjusted moving forward...
If any lines are out of place I will get to them, yet I have a lot of charts to correct and I am going through them as fast as possible...
I certainly know I missed a few lines in the last two post, and I already went back and moved them into place; there is well over 500 charts and it will take a few weeks to fix them all, but I promise,,, I will only post charts that are fixed from this point on...
Move the Active Chart to the Left to See the Changes to the Right!
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.