Hey guys,
A few days back, I noticed the cyan triangle pattern and I thought we would go down, but we didn't (glad that I didn't share it publicly :D). MMs never make it easy for you to predict the market, altho they have been repeating their bart patterns since 10k drop with slight variations. I think they divided the fractal into two parts and swapped them to make it a bit unpredictable. I give the yellow bart fractal 70% chance of repeating with slight varitions.
EMA20 is sliding down and its interaction with the price would be decisive for short term market direction. If we break above EMA20 (6970 as of now), we might enter a bullish period taking the price as high as 7400 and possibly even higher. This scenario is 30% likely IMHO.
Bearish signals:
- Bearish Awesome Osc twin peak on 1h TF
- Weak regular bear div on 1h to 4h RSI
- Strong hidden bear div on 4h to daily RSI
Bullish Signals:
- Regular bull div on daily VAPI
- Regular bull div MACD 1d to 4d
(see the linked TAs for more details on bull divs)
PS:
I am thinking of creating a private channel for more frequent updates for day trading. I know all of you who have been consistently encouraging me and I will invite you to the channel if I made one. But I am worried that I would make wrong predictions and get you rekt instead of helping you. Perhaps, I will leave it for when I gain more confidence.
image version:
A few days back, I noticed the cyan triangle pattern and I thought we would go down, but we didn't (glad that I didn't share it publicly :D). MMs never make it easy for you to predict the market, altho they have been repeating their bart patterns since 10k drop with slight variations. I think they divided the fractal into two parts and swapped them to make it a bit unpredictable. I give the yellow bart fractal 70% chance of repeating with slight varitions.
EMA20 is sliding down and its interaction with the price would be decisive for short term market direction. If we break above EMA20 (6970 as of now), we might enter a bullish period taking the price as high as 7400 and possibly even higher. This scenario is 30% likely IMHO.
Bearish signals:
- Bearish Awesome Osc twin peak on 1h TF
- Weak regular bear div on 1h to 4h RSI
- Strong hidden bear div on 4h to daily RSI
Bullish Signals:
- Regular bull div on daily VAPI
- Regular bull div MACD 1d to 4d
(see the linked TAs for more details on bull divs)
PS:
I am thinking of creating a private channel for more frequent updates for day trading. I know all of you who have been consistently encouraging me and I will invite you to the channel if I made one. But I am worried that I would make wrong predictions and get you rekt instead of helping you. Perhaps, I will leave it for when I gain more confidence.
image version:
Comment:
Comment:
So far, price is following the arrow. If the price follows yellow bart fractal, we should see a small squeeze up before going down to S1. So the target of first arrow might get delayed.
Comment:
Peter Brandt is a respected TA. He is discussing BTC's current situation on his twitter now
twitter.com/PeterLBr.../1009861714177753089
twitter.com/PeterLBr.../1009861714177753089
Comment:
As expected, there was a delay in hitting the target of first arrow. Today's S1 was 6618 and we hit and bounced off of it. I am not sure if the price will continue as shown in the chart. So pls trade with caution.
Comment:
If there is EW truncation, why shouldn't there be bart pattern truncation? :D
Comment:
I have a surprise in this chart for you. Play the chart to see it for yourself. A hidden Illuminati target.
Comment:
ETF is rejected. Safe trading!
Comment:
source of the news www.coindesk.co...or-second-time/?utm_conten...
