Phase 1 (Beach time): While some of the retail traders are having a blast around the globe due to BITCOIN BEARISHNESS, it's time to hit the beach shore for a blast time.
Phase: 2 (EARTHQUAKE): many will wonder!
Phase: 3 (TSUNAMI WAVE): all will panic
1Mo timeframe shows PIVOT HIGH is next. Follow the pattern with cold hard facts. This isn't a failed rally because there is no indication here BITCOIN is headed to destruction, in fact, it's accompanied by a BULLISH HARAMI pattern. Once BITCOIN reaches PIVOT HIGH then comes the BOS. THE ROCKET IS READY. It's waiting for BITCOIN to break resistance to start the rocket steam for liftoff.
My TRUE RANGE CANDLE INDICATOR is fully weighed by volume and so much more. It puts RSI out of business.
My reversal strategy works in a way to figure out a reversal based on MA's and PIVOT ZONES. It's been coded correctly for guidance which will not speculate but uses price action with a designed strategy
Please comment and like; thank you
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Let me emphasize
How can we experience a Tsunami reaching near?
1. Buying Pressure builds up
2. Earthquake meaning FOMO as price surges
3. Seafloor displacement: meaning WHALES will cause a huge massive reaction for price for price launch
4. Tsunami
The sudden shifting of the seafloor displaces a huge amount of liquidity of cash flow because it’s being released creating a tsunami. The energy from the earthquake is transferred by bursting that which was accumulated from ATH from manipulation, which then the huge Tidal Wave begins to form as its pushed upward above sea level. Gravity then pulls the money out horizontally along the surface.
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BITCOIN will soon start recovery
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Retail has been selling like crazy, this has been creating a whales low volume. In despite of this; this is where many say BITCOIN has low volume therefore BITCOIN must fall. Does not apply in this case.
I’ve explained before, let retail sell, BITCOIN should have been lessor than 50k by now but smart money has been keeping up the price and still are.
Why don’t many of you grab a balance scale and weigh the NASDAQ stocks and U.S stocks. You’ll get your answer there.
Never in history have they went up against each other
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The analysis is clear. Patients for those who might be in panic mode. One thing I've learned was to follow the Smart Money movements. I can't make drastic decisions on:
1. retail selling for losses
2. smart money causes a reaction to get some to exit for whatever reasons.
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It's currently 12:59 PM PT and by 8 PM PT BITCOIN has a date to move up from the 4-hour timeframe or can happen sooner.
This is the read for now. This can only give us a rough estimate for price recovery instead of thinking for the worst.
Right now as the volume falls, smart money is buying in.
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Nothing has changed to this 1 MONTH TF. It's fully loaded. The only thing that moved was the candlestick but will reverse and I'm not concerned for the short term because smart money on my end is plain and clear.
I have a massive bullish RSI CANDLESTICK which appeared on 8/1/24.
I have a ROCK SOLID DOLLAR VALUE which I got coded in pine script and tells me when to buy for every 5 candlesticks.
My dollar signal appeared on a one-month timeframe on July 1st, 2024. It's followed by 5 bull candles. so far we're on the 3rd candlestick and it's been trending up. There are about 22 days left then comes two more monthly candlesticks.
I've got my homework straight with huge deep scans.
On 2/1/24 I got my dollar value signal asking me to buy and BITCOIN was at $41,829 and my 5 candlesticks ended on 6/1/24. what happened? BITCOIN reached ATH. How did I know to sell on the second monthly candlestick? It's followed by two long top wicks which clearly say sell and did. So I just don't go by signals, I'm also scalping and doing much more.
NOW WHAT DO YA THINK WILL HAPPEN NEXT from this new BUY which appeared on 7/1? You know it. Nowhere is it telling me to sell and BEARS are claiming a CRASH.
I'm not speculating, nor am I hoping or wishing for the best, or wondering what comes next.
WOMAN LIE MEN LIE but the charts don't lie.
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It's now after 9 PM PT. It's about time for BITCOIN to make its way up a little more faster. Some Bull printouts are about to be completed in the 4-hour timeframe.
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A BULL RUN is HEATING UP. As many are still exiting and once this is over; today there’s more clarification for a BULL RUN to happen at any moment or even suddenly.
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From my last comment, sells have slowed down as of now. By now, the London session traders have made exit. Smart money has also put some extra traders aside which when they see no results, they exit for safety.
Now we’ve reached the moment of truth!
WILL THE WHALES HIT A HOME-RUN? bases are loaded and the park is sold out;)
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MASSIVE WHALE BUYING POWER. This means BITCOIN has met its threshold. BULL POWER
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SOME RETAIL INVESTORS are in wonder. Many will stand aside. I'm watching this WHALE movement like a BUYING flood.
FYI: I'm not referring to the TIDAL WAVE because TIDAL WAVES will arrive unexpectedly.
Smart Money behavior: when we see smart money buying in huge amounts like a SPEED CHASE; this is like the NFL hurry-up offense meaning not giving their opponent enough time to get ready to enter the trade which are retail traders.
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Price is scheduled to move up rapidly into the positive numbers. Swing low and pivot low.
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The more retail is exiting, the more whales are pushing up the price.
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BITCOIN now reads BULLISH HIDDEN DIVERGENCE on a volume 1Day TF.
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Here comes resistance at 60K and will move up past 60k due to buying BIDS.
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BEAR COUNTRY is in danger. If BITCOIN closes within its price range in the 23HR TF by 4pm pt then there’s a BULLISH HARAMI but if the price rises higher which is expected then BH becomes void but a bullish engulfing pattern reads to start forming and this we will know by tomorrow at 5pm pt.
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I have two ATR readings but the trend must first move upwards: I like catching ATR readings from a swing low:
1. ATR: READS: $10,691.97 on this idea 1MO TF.
2. ATR by pips: above 84k
This does not finalize it. The final price will be unveiled when it's time to sell. This will help the final price NOT get manipulated.
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At any moment the price should explode.
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For those who have not invested yet, be careful. This move up is not smart money moved from this last 2 hours.
Trade active
smart money buys are now active.
Trade closed manually
Putting this idea on hold, I will reactivate it soon.
All said still applies.
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There is enough confirmation, all the evidence we need to know BITCOIN is headed upwards.
I can’t make it any more clear in what’s about to happen when it’s ready; TIDAL WAVE BABY!
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Warning; BITCOIN has been in the process and is about to print the most SUPER BULLISH candlestick called; DRAGONFLY DOJI on a 3WK TF volume chart.
What does mean? As predicted, BITCOIN is moving to ATH.
Why has BITCOIN been at constant struggle? Because of the 2MO TF GRAVESTONE DOJI and 1WK TF Hanging MAN.
NOW the BULLS will defeat the BEARS. How?
The 2 BULLS from the stochastic RSI 1 and 2 WEEK TF has now the capacity to destroy the 2 month timeframe gravestone DOJI. That’s 2 BULLS against this 2 GRIZZLY BEARS and now the fight is even and then comes the DRAGONFLY DOJI BULL which is called King of the Bulls. She will stand aside applauding, she would join but it only takes two Bulls to win.
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After doing more research; this is the 2nd HURRICANE WARNING ALERT, Evacuation is a must.
BITCOIN is heating up, TODAL WAVE does not show clear yet but it’s showing movements form the ocean sea level where the plates rub against each other; WHALES might respond huge.
Earthquake rating went from 6.0 to a 6.2.
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Idea coming your way. This one will have dynamics. I will explain how my ART OF TRADES and CANDLE SKEW WORKS.
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As bitcoin falls by little. Shows to regain whale momentum
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FYI, BITCOIN has now shown signs of weakness and my analysis reads it.
It might take a PIT-STOP for a minor dip. I repeat NO CRASH. Even though there seems to be some small move ups, TA is reading bearishness.
Unless smart money adds momentum, it’s the only way to keep moving up.
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WHALES have shown many indications through their aggressive movements. Buying low is almost not an option or even impossible.
Despite NEW ATH and powerful BULL RUN that will begin at the right moment. There is a KILLER WHALES formula you all must note, that many will buy late and will be enticed thinking it is the end of BITCOIN, BUT REST ASSURED, it's not. It's only the beginning unless there's a change.
EVIL PLOTTING is not easy to view behind the scenes in real-time from smart money but it can be seen ahead of time.
This cunning KILLER WHALES HAVE NO MERCY.
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EARTHQUAKE ALERT: Magnitude has surged past 8.0, now rated at 9.0. TSUNAMI WARNING—wave formation in process!
