Avangelina

Avangelina

Right before the Luna 1.0 crash I noticed the stochastic and the wave trend indicator were both overbought at the same time. The wave trend is like a momentum combined Twiggs money flow. Anyway the indicator works well with stochastic and predicted the Luna crash before it happened. The same thing is happening to Bitcoin.

Avangelina

Hull moving average indicators do not show bottom yet.

Avangelina

The historical volatility for LUNC/LUNA 1.0 is about to get ugly. Not sure what market manipulation is going on with Bitcoin and the FTX exchange but this means the whole crypto market is about to NUKE!

Avangelina

Seen this Money Twiggs flow indicator overbought and stochastic bear signal before Luna collapse. After FTX collapse I decided to look on all the time frames. I found the same scenario on the 12 week chart, so unless these indicators are broken, I think Bitcoin is going down massively. The Twiggs Money flow wave is way above the range which is so weird but now...

Avangelina

Previously, Bitcoin was ready for a breakout and an altcoin season was upcoming. Because of the recent issues with FTX liquidating, the market is crashing. I see $9k possible and worst case scenario $400.

Avangelina

I changed the timeframe from 5day to 6 day because the volatility indicator that I use has printed a yellow bar on the 6 day timeframe as of yesterday. Typically before a bull run the historical volatility will be low with a yellow bar on the larger time frames. This changes the trajectory of Bitcoin a little bit. I still see a breakout anyway now, and a...

Avangelina Updated 

I have adjusted the fib circle theory in case of breakout. $430k area is reasonable and then back to test $70k area in new fib circle.

Avangelina Updated 

Perhaps Bitcoin is like mother nature and will grow into a new fib circle. If that's the case then the next breakout in 2024-2025 is going to be huge. Also to note I have used line break candles which can take longer to form. Traditional timelines are not always the best with these. I like line break for bitcoin because these are a great way to find curvy patterns.

Avangelina

The money trend has finally reached the bottom since the inception of BTC on the exchanges. The fib circles have been updated assuming BTC is entering a new fib circle with a bullish divergence in the wave trend. Either way I believe BTC will stay in the channel for awhile considering this is a new bull starting. RSI also turned blue for the second time since 2012.

Avangelina

I have a feeling that LUNC will breakout soon. I started with a fib circle that expands into a bigger circle almost like going into a new dimension. There would be 2 swings for this model. 1st swing goes to 0.02 cents about and then retest. 2nd swing goes to $1 about and then back to retest support and discontinuation of this trend until the next breakout can be measured.

Avangelina Updated 

LUNC fib circles and curve projection with line break candles

Avangelina

I have expanded a previous idea and added the EMA lines.

Avangelina

Verge might take a while to breakout. There isnt much action and the charts appear to be on the monthly.

Avangelina

Someone asked for SHIB at some point. I can only think of fib circles. Fib has not fully broken out in the fib circle yet.

Avangelina Updated 

Fib circles on current 5day timeframe w line break channel. This is assuming Bitcoin stays on the 5day timeframe with line break candles.

Avangelina

I have been examining the charts and patterns with Bitcoin. I see a trend within fib circles. Bitcoin can breakdown or breakout. Really depends on gaussian channel and volume at this point.

Avangelina Updated 

If Bitcoin broke down the channel to touch the bottom of the fib circle around $1k this would be the scenario if a rejection at $30k occurred.

Avangelina Updated 

Updated ichimoku falling wedge with breakout trend lines and also take note that the line break candles can take longer to form therefore each candle can take longer than 5 days. Line break candles are meant to find trend lines not necessarily exact timelines.