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Nov 6th ? Predicting the Long Term Trend – https://youtu.be/xHZt7xhDahg
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(2019 RECENT PREDICTIONS)
9.5k Support Call: https://youtu.be/IuenNdD6wS4
12 Bounce Call: https://youtu.be/7xsQ-cCPx_o
DoubleBottom: https://youtu.be/OskozVRLLkY
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Kevin Svenson should not be held responsible for any losses that may occur. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader. This information is for educational purpose only. Kevin Svenson is not a licensed financial planner or adviser. Any and ALL content published by Kevin Svenson should be NOT be considered financial advice. Invest at your own risk and as always, do your own research!
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Good content. love it. I agree with the 61.8 now give us the Seth Rogan laugh c,mon man.
i rarely sub to bitcoin channels but u got a great voice and you seem very knowledgeable in crypto. give me some good TA so i can make me some $$$$
I set a bunch of buy limit orders at $6800-7250. I think it will spike down then bounce up with all the peoples buy orders. Hoping to pick up $20k in bitcoin buys
I was planning to buy three bitcoin from $6800-7250 hoping for a quick dip then bounce back?
What do you think
All that matters is the MACRO long term level. I clicked liked subscribed and hit the notifications thanks
Check out my gold silver bitcoin channel too. Metal bum
Wow this is it huh.
y'all better listen to my boi kevvy svenny, this man's about his BUSINESS
Everyone and their mom has bids set for 7500
I love to read the comments. There are good for open dialogue and exposure different opinions.
I've learned a lot with the channel
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When have we made a parabolic advance while under the 200day and a monthly close under the 21week? Exactly so why do you think there is evidence of parabolic advance? There is a death cross on the daily coming in 3 weeks.
i have sold all of my btc at the price of 10.4k there is a pettern, and yes we are in bear market, starting to buy again at 6.5k-7k
I appreciate your analysis, Love the fact that you predicted this drop and stuck to the same prediction for months on end. You're a legend!
When do your weekly candles close? Mine close at the end of Sunday (UTC). Now (Friday Oct 4th) my charts are showing last weeks candle that broke the 21 EMA to the down side and the current live candle that will close at the end of this coming Sunday. No weekly candle has opened and closed below the 21 EMA, yet. Your chart, however, is showing a weekly candle that has already opened AND closed and then one more, that appears to be the current live candle. I'm not understanding how you can have that extra candle. You are not recording this in the future, are you now?? :o)
the market usually goes where people least want it to go, so i expect a big green candle back to 10K and then more boring stagnation , or just more boring stagnation where we are now
??
Volume follows price moves not the other way around. Isn't that right? A big swing in price (in either direction) will bring the volume. But if the price just trends sideways or goes up gradually/slowly, the volume will likely stay low. What am I missing?
dr doom
Your wrong about volume increasing on swing-low (corrections) at the START of a new bull market.
In fact ALL of the corrections in 2016 to first quarter 2017 saw lower volumes than previous swing lows.
Only after this – say "second phase?" of the bull market, when the ICO/alt-coin craze started heating up, did the lows see ever increasing volumes. Why are you missing this?… or why are you ignoring or discounting it?
Are you seeing only what you want to see? Or am I?
To me it almost seems like you WANT the price to drop more so you're painting that narrative.
Re: volume. It did the same thing on the fall from 6K to the 3K low. The volume spiked on the fall, then tapered off as it trended sideways for a while. Only when there was a jump up in price did strong volume also arrive (naturally). If the price breaks out to the upside now, it will do the same thing this time. And obviously if the price breaks down in a big way there will be another volume spike as a new low gets minted.
Also, I don't understand the logic in saving dry powder in the hopes of getting another 11% cheaper BTC (or even 20% cheaper) given the upside potential as we head into 2020 and the halving. Caveat: if you're a long term investor. If you're a short term trader then perhaps those percentages are meaningful to you.
I took profits at 13k because of you, can’t thank you enough 🙂
Why don’t you have more subs? This is by far better then all the biggest channels out there.
I think other channels are scared to bring you to Light under these low google search volumes.
If it’s going to move down to 7200 and bounce back I think it needs to do it quickly or we will be getting death crosses on the daily chart and that will provoke a mass sell off that Bitcoin won’t recover from quickly in my opinion.
We are sitting on support of the 100MA weekly moving average.
Also in the macro trend of the Elliot wave all wave 2 needs to do is pull back 50% to verify it is the bottom of wave 2.
Whatever the price is going to do as far as the medium to long term trend, it needs to go up and rally to keep folks guessing or it will tank on its own without any help from market movers.
Thanks, Kevin. You're a grounding force, man. I love your (well earned) conviction.
Great job man,
I personally believe that as markets elongate they will take longer to rally off. I don't think we're necessarily in a bear market but rather in a large range which makes it ideal for trading
First !!!