AmandeepSingh2020

AmandeepSingh2020 Updated 

Looks like LSPD (lightspeed) is showing some signs of reversal. I was quite bearish since september 2021(you can check my previous ideas) but I am confident that this could be a good entry to LSPD to long. Will update targets later.

AmandeepSingh2020 Updated 

This chart is a representation on BTC/Nasdaq Mind you it is not in fiat terms but more of a ratio. The chart uses Heiken-Ashi candlesticks on MONTHLY timeframe to show trend and potential long term target around 14. We see over an over the same consolidation but I think BTC will outperform Nasdaq in longer term. This mean if Nasdaq goes up, BTC will go up more...

AmandeepSingh2020 Updated 

- Timeframe 2 months - Stochastic RSI crossing has marked every bottom for Bitcoin - Can't predict small moves in market but I think Momentum is reversing Do what you like to do with the information

AmandeepSingh2020 Updated 

It doesn't get simpler than this. - Buy close to the yellow line (250Week SMA) lower then better. - Wait the monthly Heikin-Ashi candle to be green - Then wait a few years Simple. Do what you like with this information.

AmandeepSingh2020 Updated 

The chart is an effort to plot Bitcoin and Gold in a ratio to figure out potentially where we are. The upper band (red) is where it becomes quite risky to hold bitcoin instead of gold. Mind you this does not mean gold will give better returns but means if Bitcoin goes through a correction, Gold will likely hold stronger. The green band is where Bitcoin becomes...

AmandeepSingh2020 Updated 

Historically, 2 confluences has been great time to pick some cheap bitcoin. Is this time different? Maybe but until it is proven wrong it is not. 200 Week moving average Logarithmic curves As the chart suggests, we not only have 2 but 3 confluences as 1.618 Fib level is close (Green Box) Yes this does mean in short term we may visit lower levels but this could...

AmandeepSingh2020

This chart tried to reflect the uncanny similarities between Bitcoin's previous cycles and will try to use that information to "predict" next market cycle top in terms of price and time. The price is derived using Log FIB extension 1.618 and is the minimum Bitcoin has to hit. Although Bitcoin has gone way above this extension in the past, I am going to keep...

AmandeepSingh2020 Updated 

VYGR has been showing for a while that the momentum is dying. Although MACD may show some signs of reversals in coming weeks but since BTC doesn't look very strong as of now, I could deduce that it will have some effect on VYGR. The VPVR on the right side is showing the same as there has not been much volume traded between here and $9 level. Let's hope it...

AmandeepSingh2020 Updated 

Seems like Gold is coming down to test the previous support around $1665 - $1675 Short in medium run with target of $1675 while I remain bullish in long run for Gold. It may trade within the triangle for a while before possible breakout to the upside with target of over $2100. The Yellow line does not predict the exact path but rather the likely scenario if it plays out.

AmandeepSingh2020 Updated 

Momentum is weakening for LSPD. It definitely had a great run. The chart shows on a weekly timeframe the MACD is slowing down for a possible reversal. It also did this a little while ago with 35% correction. I expect a possible slow correction of 35% down to around $105-$108 over the next several weeks.

AmandeepSingh2020 Updated 

ETH shows dying momentum in this almost perfect Symmetrical Triangle. MACD is shows slowing momentum with possible trend reversal. Also BTC shows some bearish signs too on Weekly MACD. If we are lucky, we could see a $2200 - $2300 ETH before it head to much higher levels.

AmandeepSingh2020 Updated 

It seems like BTC is repeating the pattern it went through May distribution. You can call it Wycoff distribution yes. The resemblance is uncanny. I just divided the chart into 10 steps and if it were to complete, then we have one more leg down to about 37.5K before BTC goes sideways for a few weeks and then head up. Altcoins are also showing some weakness and if...