I am The Seer of The Future, The Master of Charts, A Legend of Crypto, and The Deliverer of Prosperity! In this analysis, I will give you all the gift of simplicity! Rid your eyes of complication, and you will see the answers right in front of you. Let the analysis begin!!!
Looking at the Bitcoin monthly log chart, I want to draw your attention to a very simple...
Bitcoin still hasn't shown any significant retrace. Looking at the chart above, signals are coming which are pointing to a breakout to the upside without any retrace at all, is it possible?
Of course, it is possible...
Let's take a look at the 3D Time Frame chart so that we can show you what we are seeing...
Perhaps you want to hit LIKE now before we get...
In the previous posts, you can find them in the related ideas, we talked about the market movements using the daily and the 4H charts. Some of you were confused why I wrote that the market was bullish on the daily timeframe and after that based on the 4H I wrote about possible falling based on the reversal patterns. Let's make the picture more complicated and add...
A brief review of the BITCOIN market cycles based on fractals.
We can observe some very interesting characteristics that repeat over time in a very similar way, as for example:
+ The approximate duration of the bullish market.
+ The approximate duration...
This is the standard BLX chart used to track the candle patterns of Bitcoin from its early stages.
The pattern is parabolic and that has been discussed more than enough here. What I want to emphasize most with this analysis is the support provided by the Green Zone.
As soon as the price enters this Zone, Bitcoin makes a bottom, never breaks it, consolidates on...
First off, I want to start with saying trader's don't call bottoms. Anyone who is adamantly claiming bottoms is not a real trader in my opinion.
Trader's use edges, probability and win expectancy to make calculated decisions on their trading to stay profitable over the long run.
I would be very happy if it was the bottom and we went to the moon, but I want to...
Good morning Traders,
Wish you very good weekend
at the bitcoin chart, as I show, there is 4 different pattern
1) Inverse Head and Shoulders that I show with green boxes
2) Bat Pattern 1
3) Bat Pattern 2
4) Cypher Pattern
The neckline is most important resistance on this chart
If it will break and close above the neckline, price will push up
have a great...
Analysis of the possible end for the bear trend with dates based on W. D. Gann and mathematical fractals (Not to be confused with "price action" fractals).
- The bearish pennant currently is an unconfirmed pattern, looking for the second touch at the resistance level to determine the extension of the "bearish pennant" idea and its confirmation, if...
comparing BTC to the last bulltrap.. i can see again another Bulltrap forming.
Too much resistance on the upper side
NVT still didnt show oversold market (i trust this indicator)
Its too early for a bullmarket
Lower lows means higher highs
We are STILL in the big falling wedge (Which i will show in the comments)
I expect the pump...
Yes, you see I've placed a "Short" target on the chart. Why? Because we should begin a reversal to downward pressure soon in order to Test Support; which is normal after testing supply in Phase B of a Wyckoff Accumulation Schematic. The goal is to tempt as many as possible into thinking we are about to moon. Especially, since we broke out the top of this...
I'm reminded of the Gil Scott Heron album "Winter in America"
as chaos in our society continues to manifest itself in ways
that show striking parralels to previous societal boom/bust cycles
where a simple lack of humility and shame,
seem to be running rampant everywhere amongst us.
It is impossible to ignore.
Class warfare between the rich and poor, is now...
Hey, I got some stats for you.
So Bitcoin MA 100 got tested 38 times since 2010, and this happened:
* Clean bounce : 12 times
* The MA got passed, with little follow up (< 10%), the price stagnated, and then the price went back the other way: 9 times
* Break with follow up (immediate): 7 times
* MA break followed by rapid reversal (like bouncing on it but after...
BTC has been following this fib series quite nicely.
The movements resemble a 12345 impulse structure.
Perhaps we are in wave 4 looking to start wave 5.
Fib extensions fit nicely:
wave 1 = 5.236
wave 2 = 2.618
wave 3 = 9.236
wave 4 to 5 = 6.618 -> 9.618 ?
wave 4 to 5 = 7.618 -> 10.618 ?
wave 4 to 5 = 8.618 -> 11.618 ?