nobulart

nobulart Updated 

A baby is born! Fractal symmetrical triangle formation. Trendline support below the mother triangle is now established with a confirmation. Inflection point has been reached at the apex of the triangle, as can be seen by shrinking volatility. Anticipating a 20%-35% bullish trend from the apex.

nobulart

Anticipating a >70% chance that BTCis going to continue up from this formation for a 20-35% gain before the next reversal.

nobulart

Clearly losing steam at the top of the current push. Historical support and resistance symmetry suggests that the next correction will be around $115 then $136.

nobulart

18-month retirement plan :-)

nobulart

Support from both the 1day and 4hour clouds. Confirmation in the Gann fan and square. Previous peaks show a strong correlation with the few days preceding a new moon. I think there's a GOOD posibility that we could see $118-$120 before Wednesday 7th August.

nobulart

I've seen it said that Ichimoku's are not effective on short time-scales, and that anything less than a 1 day Ichimoku is useless. I disagree. No single cloud timescale can truly effective on it's own. The longer the timescale, the more influence, or weight the indicator has. I've hidden the MA's for clarity. Price has followed lines of support and resistance in...

nobulart

Logarithmic price scale. The average period between major peaks during the entire life of bitcoin is 222 days. The periods between peaks vary between 210 and 238 days. Extrapolating from that, I'm estimating that the next major peak will occur between 11 Nov and 2 Dec, most likely near a new moon, so perhaps closer to 2 Dec. Date correction - New moons are on 4...

nobulart

Support above the cloud with confirmation in the fan, and at the historic $88 level. There could be significant resistance at $104, being the peak price of the current lunar cycle. The previous three peaks occurred on or just before full moon. Going above $104 now (after full moon) would break the lunar correlation which has been consistent for 3 months. The...

nobulart

Two intersecting fans forming a triangle with their respective support and resistance lines. The bearish trend is more well established, and will IMHO probably prevail.

nobulart

My observation of bitcoin's apparently strong correlation to lunar cycles.

nobulart

Seems that we recently broke free of a long arc which started at the beginning of May. If we don't see a reversal near 72, then we could be in for another long tumble.

nobulart

This chart has had some slight adjustments made since I previously published it on the 14th. Looks like we've exited the bearish trend which has prevailed since 26-27 June. I'm hoping for $120-$124 after a correction around $110-$112.

nobulart

This is another perspective on my previous idea.

nobulart

I think we could see $77-$80 if there isn't sufficient support around $95. If the reversal happens, then perhaps $120+ is on the horizon.

nobulart

My previous couple of ideas appear to be roughly on track, so I've developed them a little further. Barring any major BTC news events, I still anticipate a reversal near $94 before the next bullrun (perhaps to around $125).

nobulart

Seeking further confirmation of my previous idea through extrapolation. Some fairly good correlations on both indicators and the geometry.

nobulart

Fairly good fibonacci fit down to around $94 (or $77, but I suspect it will not exceed the previous low). Interested to see a possible lunar correlation at the half-cycle positions (would be great to be able to view lunar half cycles using the standard lunar cycle indicator).

nobulart

Wondering whether the arcing movement might produce enough pressure to break out of the underlying bearish trend.