Phyloader

Phyloader

The chart pretty much speaks for itself. It goes back to inception, with a focus on the last halving cycle and this one. Relatively convincing fib extensions have the 0.618 from last bull cycle hitting the bottom of the most recent bear market. This trend has existed every cycle since inception. The 0.618 fib extension of a bull run is the bottom of the next bear...

Phyloader

There seems to be much deliberation as to whether BTC will see price appreciation from here or whether price support will deteriorate. In 2017 we can look back on the dead cat bounce to see that as the price poked above the 150 day EMA the stochastic RSI was at a maximum while the RSI faced resistance at level 50. It did not find the support at the 150 day EMA...

Phyloader

The top of the pitchfork serves as all time resistance and failed in 1929. Center line of the pitchfork served as resistance during the 1970's and oil crises which rejected it. The froth leading up to the .Com bust was defined by passing the center line of the pitchfork, after which the SPX grew for three years before the crash. The crash was defined as a...

Phyloader

If you sold BTC in the 50-65K region you did great. Pat yourself on the back and look to the future. If you did not sell your bitcoin in that region or would be selling at a loss there is plenty of evidence that selling now may not be a wise decision. Is there a chance you might be able to buy back lower? Sure, especially if you pay attention to short time frame...

Phyloader Updated 

This is a relatively simple chart. Notice how subsequent the 2017 bull market peak the Stoch RSI, ROC and MFI did not bottom until the price tanked massively from it's ATH. Notice the areas circled in red. In both these situations the Stoch RSI, ROC and MFI peaked around a certain price range; the price continued to rise while the indicators began to recede...

Phyloader

Please do not assume this to be the undeniable truth. No one knows exactly what will happen. The above is simply a pattern that I have observed with a description below; consider it as you may. Note that I considered this a long....from here you will need to create an exit strategy but I believe this may be a good entry....in fact possibly the floor of the next...

Phyloader

The title is pretty simple. If you plot a 100 Day Moving Average on BTCUSD/ XBTUSD (BitStamp has the longest historical data) you will notice that, when consolidation occurs, it solidifies at the 100 Day moving average. Currently that 100 Day Moving Average is right around $19500 (which happens to be the previous bull cycles ATH). In 2013 this retracement trend...

Phyloader

For those of your looking to invest in companies that have long term potential to grow in a changing world you may want to look at the company Gevo. Ironically I had been on the phone with a friend talking about Gevo stock the day before a rally that saw the price change +400% the next day; going up from 56 cents/ share to 2.16/ share before settling all the...

Phyloader

Ichimoku conversion above base line = Good MA 50 above MA200 = Good We are right at the critical resistance of a lower high descending trendline; with BTC consolidating and triangulating upwards towards this wedge for weeks now. We will either break this line and shoot up towards the 12K region or there will be a sell off back to the 8K region for more...

Phyloader

The Stochastic RSI seems to be in a process of reversing towards upward movement on the 8Hr candle ending 2 hours ago. This may result in sideways trading as the upcoming 12 hour and daily candles may reflect this tendency to maintain the current price even as the RSI bottoms. The stochastic RSI of the daily candles is still well over 70 and has plenty of room for...

Phyloader

Neste Corporation is an oil refining company with 50.1% ownership by the Finnish government. Along with traditional oil refining; Neste is the worlds largest producer of "renewable diesel" and renewable hydrocarbon products produced by hydro-treatment of used cooking oil, livestock slaughterhouse tallows, and virgin vegetable oils. This constitutes exposing the...

Phyloader

XBT held above the MA200 for 2 Hour period. Held above bottom trend line formed from bottom of last weeks wick. RSI and LSMA are on an upwards cycle. This likely indicates that on the upcoming 8 HR, 12 HR, and Daily timeframes we may not see the RSI experience strong downward pressure and any indication towards downward pressure may result in sideways trading in...

Phyloader

This is a long post. A little essay, so if you are curious stick with me. In light of the recent dramatic market volatility I thought I would post this idea to help calm people down. Where was XBT a year ago? $3600. Where is XBT now? $5500. Where was S&P 500 a year ago? $2900. Where is it now? $2700 after plunging all the way to $2400. XBT did wick down to...