CapitulationCalls

One day you'll ask yourself why you weren't following this chart

CapitulationCalls Updated   
BITFINEX:BTCUSD   Bitcoin
Refer to one of my other posts (XRP has the best description and uses of these cases) to understand the correlation to the green and blue "Zones"

This effect is a new trading style i am currently perfecting Combining Multiple Pitchfork channels to act as a "Gannish" style PF to better represent "over bought and over sold" areas.
Further referred to as:
CarsonsGannishPitchfork (module): "CGP" (module)



Green = safe areas to travel in (unless coming into contact with blue zones).

Blue = Acts as resistance (Sometimes support) and sharp bearish "Zones".



The explanation may be confusing, if you are able to understand, but it may change your long term trading strategies.
(This seems to work best on "Stable" coins and proves less reliable on "Shit" coins".

"Once again Refer to Ripple chart for further explanation"


Comment:
Ill try to explain:
we are currently travelling inside a Green (safe zones)
and
A larger Blue Bearish zone is now acting as Supports and resistances (First time ive seen this) suggests a pinch between to price zones)
~10.65k zone (A) on graph
and
~12,94k zone (1) on graph


Could possibly break channel upwards here secret hidden divergence already showing its self on chart.
located above Blue zone ( the one we are currently entering) has two 2 green channel running through them meaning they correlate to the trend more than the 1 blue channel)
Wont push us much further possibly 14k but that is breaking the trend so fomo money may enter at this time
Time frame till play out ~28th of August ~1st of September
Deviation of trend (Blue triangle surrounding base line) will ultimately get you back to base line (green triangle) by these dates.
Comment:
Honestly looks Bullish 14.3k-14.6k End of October.
Comment:
will confirm my Analysis if it bounces off the bottom blue (bearish zone)
Aug 12th ~11,3XX.xx close
Comment:
Its good to mention BTC is in two different bullish cycles and one bearish cycle ATM
Comment:
Like, comment or subscribe for further TA into upcoming Alt-coins.
I usually only do TA on assets that I consider bullish before charting, but I'm open to suggestions.
Comment:
This is the start of its THIRD "6 year" cycle

Respectively its in its "2 year" cycle

as well as in its "1 year" cycle

And "6 month cycle

ALL BULLISH 16k target around the start of October

this market it ran mostly by trading bots Respectively> (miners)

They make up the majority here creating new blocks they are the driving force behind this market ATM do to low volume.

Higher volume = higher price respectively shown here

Get in on the dip how ever big it may seem it undoubtedly will come back with ~8x the force
Each zone correlation upward ~"costs" 2x per channel (1>2>4>8) from baseline.
Exponential.

This is my final chart for the public.

>While i research more into it and create a theorum of relativity to this
Comment:
Comment share and pass this idea around if you find my TA relevant.
May cause the market to stabilize quicker if the market knows the gaps we need to fill.
Inversely it may destabilize the market at the same time so maybe don't share it to much.

I've given you the data to find the highs and lows to this market it is now you JOB to figure out my crumb trails.

Once you form a theory similar to mine I will think about discussing my views with you in the future.

Replicating my main idea on top of another asset I have not done TA on will respectively be the your main goal here.

I look forward to the future, but I also see implications deviating us on a sub-normal style of "living".
Find relvancy in my data and I may share my views with you.
This a theory at this point,
But I haven't been wrong yet.
Stay vigilant at these times in the market and first and for most "hodl" your coins these next ~3-4 years.

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