YORK's price prediction topic.

[york780]

Here is the confirmation why the ETC moonspike is not possible for now.

ETC basic ingredients for moon pump :

- barry silbert  : confirmed
- btc flat or down : nah
- ETH up or flat because of positive divergention : +/-
- bullish momentum needs to hold


Bullish momentum broken: 2 confirmations.

[Red-Apple]

- barry silbert  : confirmed
- btc flat or down : nah
- ETH up or flat because of positive divergention : +/-
- bullish momentum needs to hold

you forgot the most important one: "Ethereum Foundation".

they will never ever let Ethereum Classic to go anywhere, no matter how much buy support it has, they will always have more ETC to dump on the market and prevent the rise.

they have been caught a couple of times and they don't even care. you can fin the topics about poloniex catching them dumping ETC to prevent its rise in early days of its existence and while it was rising towards ETH price and ETH was dropping hard.

[york780]

about bitcoin :

- adoption +
- movingaverages +
- historica patterns and dubble w bottom : +
- fundamentals -
- Altcoin weak hands( dump before others do to ) + FOMO +

If BTC hold this level altcoin money will come in. Big alts are bleeding and they have NO bullish support!, high risk investment right now, dont buy any altcoins that already topped/pumped.

Only total bottomed out like ETC, I cant risk it because of short term dump signals.

I am 90% BTC rightnow.
(10 % fiat waiting for entrypoints)

Trading advice :

BTC : hodl
Alts : SELL

Dont entry BTC now unless its for alts.

I am paciently waiting for BTC to buy more, big dip will come after this huge upmove.
Because of historical patterns $1400-$1500 is very likely in short term for BTC, but its not going to hold.

Looks like we will break ATH soon and crash after reaching new hights because of FUD, just like the pattern tells.

Of-topic : BTC doesnt even need scaling. 14 000 000 BTC mined rightnow, max 21 000 000 - 2 000 000 coins lost = max of 19 000 000+/- coins. We can handle this right?
Transactions cant double from here so if BTC can handle this we are ok right?

Anyway happy trading all.

[york780]

- barry silbert  : confirmed
- btc flat or down : nah
- ETH up or flat because of positive divergention : +/-
- bullish momentum needs to hold

you forgot the most important one: "Ethereum Foundation".

they will never ever let Ethereum Classic to go anywhere, no matter how much buy support it has, they will always have more ETC to dump on the market and prevent the rise.

they have been caught a couple of times and they don't even care. you can fin the topics about poloniex catching them dumping ETC to prevent its rise in early days of its existence and while it was rising towards ETH price and ETH was dropping hard.

True. They will just dump ETC to shit, everytime I saw bullish movements they dumped it untill it was destroyed. Only 80k+ spikes can take ETC to a higher level, but a slow rise is impossible for ETC. Its a sick coin , caught between BTC, ETH. Quite sad.

[JohnUser]

Thanks for your time and advice.

[york780]

Thanks for your time and advice.

No problem man, glad that I could help.

[york780]

Looks like YORK is right once again.

ETC turning bearish and BTC going to 1400-1500 USD and crashing afterwards.

 

Are we rich yet? 

[shannen87]

Looks like YORK is right once again.

ETC turning bearish and BTC going to 1400-1500 USD and crashing afterwards.

 

Are we rich yet? 

Going to $1500 and crashing at what levels?

[york780]

Looks like YORK is right once again.

ETC turning bearish and BTC going to 1400-1500 USD and crashing afterwards.

 

Are we rich yet?  

Going to $1500 and crashing at what levels?

$1069 = 1000 EUR is the new floor.
I knew that for weeks already lol
If we break trough $1069 you can spank me  

[Okurkabinladin]

Its the overwhelming bullish sentiment in bitcoin in combination with no pullback in several weeks that makes me worried right now.

Id probadly change my stance, if we could atleast go flat for a week and consolidate. We will see retest of 1000 soon enough then, which either confirms the pump or set us for weeks long consolidation or even triangle.

Just my two cents.

[Wind_FURY]

Looks like YORK is right once again.

ETC turning bearish and BTC going to 1400-1500 USD and crashing afterwards.

 

Are we rich yet?  

Going to $1500 and crashing at what levels?

$1069 = 1000 EUR is the new floor.
I knew that for weeks already lol
If we break trough $1069 you can spank me  

Is this set in stone for you or can it change depending on how the price of Bitcoin behaves? A lot of the smart whales will now start breaking that down, start to sell short and cause a panic because they know that the sheep traders will start buying into this new "floor".

[york780]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.



Happy trading all!

[JohnUser]

Beartrap push down near 1200 (stamp) this morning; hard for my heart ;)

Happy trading all!

Thanks, you too.

[york780]

Beartrap push down near 1200 (stamp) this morning; hard for my heart

Happy trading all!

Thanks, you too.

Haha bears are uniting to fight the price

[Wind_FURY]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

[JohnUser]

A bear trap is really a signal to "buy the dips".

Looking charts bear traps don't work right now, or did i miss something ?

[york780]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

I only expected a $50 trap. The RR ratio is to high for that. Thats why its better to watch and enjoy. I dont contradict myself, that would make life really really dificult.

[york780]

A bear trap is really a signal to "buy the dips".

Looking charts bear traps don't work right now, or did i miss something ?

bear traps are famous for losing money. People expect a pullback but so are a dozen of other traders. They buy a smaller dip because of FOMO and you will lose money because you tought it would dip lower. Looks like YORK's  famous $50 dip has occured. Enjoy!

[JohnUser]

The dip happen around 10's after i write this (so i was asking if i miss something cause it was still higher 1200)

Anyway I was ready for it from 3 days ago.
Lets see how it will recover.

[york780]

The dip happen around 10's after i write this (so i was asking if i miss something cause it was still higher 1200)

Anyway I was ready for it from 3 days ago.
Lets see how it will recover.

Yup, good if you had any fiat money around.
The price dipped from 1147 EUR to 1106 EUR , this is +/- $50