Aurelius222

Aurelius222

Bitcoin is finally showing some bullish signs again. After testing the 3k area and the decent bounce bitcoin showed, we are now moving in what is a potential inverse shs pattern. I have seen this before with bitcoin and it is a very bullish pattern . It could push the price up to test queen trend line again but this time as a resistance. That would be around the...

Aurelius222

Bitcoin is finally showing some bullish signs again. After testing the 3k area and the decent bounce bitcoin showed, we are now moving in what is a potential inverse shs pattern. I have seen this before with bitcoin and it is a very bullish pattern . It could push the price up to test queen trend line again but this time as a resistance. That would be around the...

Aurelius222

Bitcoin is finally showing some bullish signs again. After testing the 3k area and the decent bounce bitcoin showed, we are now moving in what is a potential inverse shs pattern. I have seen this before with bitcoin and it is a very bullish pattern. It could push the price up to test queen trend line again but this time as a resistance. That would be around the...

Aurelius222

Gold still manages to push further up. This is most likely due to the heavy volatility and uncertainty around the indices. Right now Gold is touching long term trend support that turned into a resistance after we broke it earlier this year. Next to that, the price has been moving up in a curve like structure which is never a sustainable move for the long term....

Aurelius222

DAX has finished the descending triangle pattern! target is reached so a very nice pattern on mid/long term scale. Right now we are in a difficult situation just like nasdaq. Dax is moving around some very important support areas and it broke several important trend supports. It is very clear that DAX finished the 5 bullish Elliottwaves and that we are now in a...

Aurelius222

Nasdaq showed a crazy 5% drop before Christmas and an insane recovery soon after. I have mixed feelings about this. A lot of mixed signals are coming from this market and it is really hard to determine what the next move will be. Eventually we are in a big correction wave on the long term trend that could easily turn into a new bear market wave after breaking some...

Aurelius222

BTC/ showed weakness after breaking multiple trend resistance lines. After the bullish move we saw a few weeks ago where bitcoin broke the longterm trend resistance, everyone was hopeful again. Nevertheless, we are now testing it as support at a much lower pricelevel. I expect the bear trend to continue during this summer to finally look for Queen trendline.

Aurelius222

this is an analysis i did on the 2014 chart of bitcoin. It indeed looks very similar to current situation. After the break of the downtrend resistance, the price looked for the trend resistance of the previous bullish/sideways trend. Soon after that, it went back down again to search for new lows after a very long period of sideways boring movement. Are we gonna...

Aurelius222

Bitcoin broke trend resistance after a continues supply of bullish moves. We have now strong resistance at the resistance area between 9000 and 9400. Breaking that could open up possibilities to 11k. But there is a big possibility that trend resistance that now turned into support will be tested again to confirm the break and a possible trend reversal.

Aurelius222

nice ascending triangle and cup and handle pattern

Aurelius222

either we see the green arrow path happen or the pink

Aurelius222

watch out for false breaks.

Aurelius222

sliding top, ABC correction wave, cypher and strong resistance GOLD we go down

Aurelius222

short term up long term down

Aurelius222

looking for new long entries around 1287

Aurelius222

we have crossed the most important resistance of gold. This can be crazy bullish for gold. with my first target the upper resistance of the up trend.

Aurelius222

check my previous posts. 2011 resistance was target and it's reached

Aurelius222

more upmovement expected stil