RACEACEACE BTCUSD BITCOIN WEEKEND UPDATE 7000-7100 BOUNCE OR....

Lower + Higher T.F Update for the weekend.

1. The price is headed towards the 8/1 Gann fan line from the pivot low. Once at this line, it may find weak support and put in a small bounce up to 7500-7600. However, it is more likely to slightly break below the line, whereupon it can make a new pivot off of the current Gann fan. From the new pivot, we can draw a NEW Gann Fan.
Currently, the price is below the Red 2/1, so longing is not a wise decision. Until it breaks below the 8/1 line, short scalps only on the 1 minute chart (or lower t.f) only. Holding trades is risky.

As I've said a million times: 7232 is a HEAVY CHOP ZONE. Traders beware

Please note: breaking below the 8/1 line is extremely dangerous as it can just DUMP. Traders should use confluence from other indicators when the price approaches the 8/1 prior to longing.

But yes, 7600 is still on the table.

I am biased towards a move up towards 7600 before a dip down to the 6k's for a double / near double / slightly lower bottom (see my Super Large T.F Fractal CHart)

2. 1 minute scalp chart containing lower t.f S/R points




3. Super Large Time Frame: Fractal Play



I still believe that my fractal play chart is in play. If you haven’t been following me, here’s what that is:

This fractal is still in play. I believe that BTC is likely to go down to make a double bottom / a near double bottom / a new slightly lower pivot low. A move down to 6500 before moving up towards 9000-9500.

I obtained this fractal through using a unique S/R system that I have independently developed. Instead of focusing on the price, please pay attention to the S/R levels being hit. ignore anything over 10500 - in my analysis that's what I do as I believe that it is just NOISE. Yes, everyone wants to talk about bear / bull, I do not think the market will instantly dump to 3k - if it is going down there (which I believe is likely) - it will happen in stages. Until this play gets invalidated, I believe it is next.

Here is a recap of my previous idea:

"I use a lot of numerology in my technical analysis . I use a unique S/R system, which leads me to believe BTC will dip back down to the 6k region before a potential move up to 9k. If you look at the chart in which I have included the fractal moving up to 9K, compare it to the pattern from May 2018 which I have circled on the left. Ignore the price, but pay attention to the S/R levels crossed. This fractal is currently playing out on the lower TF." + I BELIEVE THAT ALL PRICE ACTION IN THE HISTORY OF BTC THAT IS ABOVE 10500 IS JUST NOISE AND SHOULD BE IGNORED!!!!!!!!!!!!!!!!!


4. Lastly, CELEBRATION: ACE PRO INDICATORS ARE KILLING THE GAME



I have launched my Ace Pro Short Indicator + Ace Pro Long Indicator (viewable on my Published Scripts page). Everyone in my Discord is killing it!!!!!!!!!!!!!!!!!!!!!!!!!! I'M SO PROUD OF THEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Stay safe and let's kill it!!!!!!!!!!!!!!
WE ARE KILLING IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!