Good day fellow crypto enthusiasts, Earlier report because you guys needs some boost of confidence :)
If you thought that being a Dimond Hand is easy - lol then you don't have what it takes to hold BTC when it is 6 digits!
Repeat after me, I am a mean money making machine, i fear not what the price does, because i am green, and the trend is my friend and Bitcoin is king!
Now, unto the report.. __JULY REPORT - 6 HOUR REVIEW___ Okie guys, here we go...
Adam and EVE pattern on a ABC correction is what i am observing here, as the JUNE is coming to a close.
Many people had a nice summer start, but for us crypto samurai, we had a winter in June. This did not stop us, and it wont end us, we just get more certain and focused on our position!
We fight for our future! Our independence from a fiat world! A world of transparency, security and destiny.
"Bro, enough with the link spam, i did not come here to click on links...", you right, back to technical stuff.
So adam and eve pattern is one of my favorites.. it is very easy to trade and is the healthies of all patterns. Adam provides relief, and opportunity for laggers to get out, and EVE provides an opportunity for pros to buy the last lag.
EVE and ADAM is a lot harder to trade, you can imagine why right.. right?
Okie notable mention - June 27 is flagged as fractal day, and you can see prices are popping effectively. Remember i will never ever get it down to the minute, this is for you to watch the market and time your entries.
As you know unlike other active TV posters that spam your channel, I don't do that, because you know i am not selling you courses - lol. But i try to give you a good analysis that I follow and actually trade. I hope you learned after years of trading experience that you actually don't need to trade often but select few good to great opportunities.
Let me show you my banned post that went out on June 25, and i had to repost it just to demonstrate the importance of patience and timing.
Remember that saying, buy low - sell high, stick to it. Don't chase, don't fomo, stay in control, plan ahead, consider all possibilities and what are you steps to dealing with them. But who reads this crap anyway, moving on...
Fractals are still holding, the bear hits, at around 1280 or so. I have also added a new fib on the April side, and you can see clearly how 1289.8 is hit on ADAM and EVE which matches our total height of the the trend seen at 0.618. So this feels like a good support and also it is indicating that BTC sub 30k is just not happening... for now.
Note bears still desperate to get 1.618 for max pain, but i think they are in some insane denial.
Additionally, i am going to take bears side here and see what they see, and this is a descending channel. This as you can see, i have updated our channel band downwards to give us some key price ranges that we may choose to trade for quick exits if price pumps too much and too quickly.
I am still confident in the accumulation sectors of the channel. Mid July is going to be very interesting since we got a major support trend coming up in july and since crypto been in corrections for almost 2.5 month, i would not be surprised we are going to see some fireworks.
Speaking of fireworks, July 6 hhmm July 4th everyone is going to talk crypto one way or another. One thing they are going to learn from that conversation is this:
It is better to own some crypto, then be left behind
Cool, now lets talk real bear cases here, you know i am perma bull, but i always try to look at both sides, so that i can be mentally prepared for what is to come.
First, Covid is not over, Delta variant is around, but luckily it is summer so things are not as bad for now. Please read mRNA vaccine trials on animals, and what happens when Sars is reintroduced to mRNA vaxed subjects.
Look you indicator junkies, yes i get about your MA cross overs, yes there is definitely something to it, but TREND beats MA always. You are a trader and not a MA trader. Learn how to read the market conditions. MA is a crutch to your excellence. Let go of your fear, and embrace price, volume, trends and fractals. Be awesome! :)
Still, i see some possible bear development that would screw everyone over, so be mindful and be prepared.
But you know, who cares about bears
__FRACTAL DATES__ July 6, 14, 18, 28 > added July 1 : August 1, 6, 21, 22, 26 Hourly fractal unlike daily are within 6 hours error
__REVIEW___ ----------------------------------------------------- Cools lets see what we can learn from June. Don't do 3 hours, TV can't load more data :( trying 6 now hopefully it will hold 1 month 1: A reminded that June 27 is a fractal and looks like that BTC defended 30k successfully. 2: Bull did not occur as we did not have a breakout on 3-4 wave :( 3: The bear fractal pretty much playout out ahead of schedule landing on our Bear FIB price at 1371.42 sux, but this what happens when we have a weak support and some nice fud for morons talking about DEATH cross. 4: Adam and EVE pattern is revealing itself to us as expected, we just hoped there would not have to be a drop in there. 5: Busy summer continues 6: Bears did not get their pipe dream this month. They will get desperate in July , and we are going to liquidate them comfortably.
So i happy with this consolidation for 3-4 wave, we are still not out of it. I think most will agree is when BTC will break 40k is when things will start to turn positive. The world is returning to normality particularity the USA, but what is normal nowdays.
So i would say JUNE is and was indeed a DIMOND hand test, if you made it to JULY you deserve the big win. Say it with me : I fear not - what the price does, because I am green, and the trend is my friend and Bitcoin is king!
PS: I will be doing a rapid Podcasting in June covering as many crypto as i can and doing TA on them.
Additionally, i have begun developing crypto market integration for my platform so you will be able to get future trend predictions on crypto markets as well :) Will announce, please check my signature/profile for more details
**LEGENDS** BLUE = Bear/Resistance || Yellow = Bull/ Support Lines: Fractal dates are moments of interest, where price and time collide to create oscillation. the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks! Future belongs to the brave, and crypto is the future. _Ajion
Nota
When trading view can't load more data on your chart - you know you doing something right :)
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