bernino

bernino

Breakout from the pullback on the 1h chart. Day chart shows plenty of headspace on RSI to reach 14k. Pivot lines also suggests this, see

bernino Updated 

Most FOMO investors might have sold out by now, and rational investors waiting to buy up at 6000 to 5000. S1 is at 5k about. Harmonic bat-ish reversal pattern forming, while RSI shows oversold, MACD lots of space to go pop. Theres a short term upside prob to 7-8k and if bulls take charge above 8.5k or so we could end up in bullish market again with upside at 12k....

bernino

Various journalist on each side of the emotional spectrum have been quick to state that either BTCUSD is dead OR that after a +20% gain on the H4 chart after one day, somehow magically BTCUSD recovered after the recent sell off. Any sane and rational investor will be able to see that no, neither of these statements are true. The bears are still leading, so says...

bernino

After our little surprise pullback to some of the slower MAs - bouncing back up. To 1k?

bernino Updated 

long ETH

bernino Updated 

The market turned and our last trade was profitable. We will now retest 4800 with a pull back, possibly as deep as 4600 or 4400. From there we will most likely re-bounce as the D1 market is still bullish back up to test 6000 and possibly north to 8000. BITMEX:XBTUSD Of course there could be some turbulence as we pass through our bull Kumo on the H2-4 spans as...

bernino Updated 

BITMEX:XBTUSD On the day chart our ichimoku cloud was tested on the 28-29th of Sept and we are now ranging and testing again. This is consistent with Fibonacci Retracement. If we penetrate through 4200 we should expect support at 4000 (3980 is Ichimoku and 3988 is Fib Ret 0.382). Last time we had such a setup it was the mega rally I expected after sidetracking...

bernino Updated 

While we are waiting for the big bull setup to come true, last days a bearish butterfly(?) or something like that harmonic shape has formed. Long story short, when doing Fibonacci retracements of last ups and downs the current XABCD shape snaps on perfectly to the .382, .786 and .618 levels of past retracements which overlaps with past structure to the left of...

bernino Updated 

I've been off lately and only did a couple of smaller trades... but I'm back :D The last couple of trades, in retrospect, were both right and wrong in the way of: right in terms of bigger picture bull/bear movements, wrong in terms of predictions of exact impulse legs. So in these last weeks we are looking at a major massive volatile Elliott wave type of swings...

bernino Updated 

We've just broken out of the down channel by C, D, that came to be as a result of the coiling by the triangle formation after first pull back from 3000, lines A and B. So, this will be the last leg of the trade from Ichimoku on 1,5,15,30min have crossed over and candles are punching out through the wall of the channel, pointing up and away. There is of course...

bernino Updated 

When we look at daily chart its clear that we are in a couple of triangles and testing to break out of the main downwards trend with the various dips we've had down to test past tops as new support relatively close to Fib Rets of the big dip from 3000 to 2000. That has now formed a wave pattern at the daily scale which very likely could go south right now-ish...

bernino Updated 

There are two options here; we are coiling and its either a symmetric triangle in which case odds are we will go down to 2635 or so, then break through upwards against the upper triangle wall which will send us up up and away to potentially 3000 and at least to 2780. Thats the trade I'm doing here. My entry target is 2640 where we have really really big support...

bernino Updated 

My last trades were based on the big bearish bat(?) (or whatever it was) doing the correction down from the height of 2995 and leading to D on this chart: though I had the dimensions, intersects of XABCD and classification as a butterfly wrong the deal worked out really well because other indicators were pointing in the same direction which is what I want to see...

bernino Updated 

Well, my first predictions went well from the last post and the first profit target was exceeded at 2600 Fit Ret, so now it might be a bat at 2760 where D snaps onto the next Fibonacci Retracement. Not sure if I have the dimensions right but somethings going on. BITFINEX:BTCUSD I support this with the big W on MACD at the 1hr scale. After reaching D we are...

bernino Updated 

Are we seeing a big bad bearish butterfly? If that is what it is then we should expect the right hand wing to be filled out pretty soon with the bands from the channel being the oscillations. Then we could expect that last leg that I thought would come to retest 2400 or maybe even 2200 though that's lower probability. After that we see strong support at both 2200...

bernino Updated 

Lets see if resistance at 2420 pops or not... if not, then we got a down on the bigger Elliott wave. I think its a short because MACD and RSI shows overbought plus the triangles are getting shorter but this could really go both ways... support still at 2200. Fib retracements coming in a moment

bernino Updated 

Did you follow my short? Have a good ride :-) see you probably at 2200 via 2420 BTCUSD

bernino Updated 

This is the big battle of the last V shaped rebounce support at 2230 - 2020. If we crash through, which MACD is in favor of, that then theres no support in sight until 1930-1860 battle coming up which is probably where I will close my short position. Hope you followed my short since 2700. Brace for impact BTCUSD