BITSTAMP:BTCUSD   Bitcoin / Dollar
16882 90 118

The BTC is still reduced
The main target for the next few month, will be 133
After reaching this level. BTC can start the upward trend.

Related Ideas

BitWave PRO
2 years ago
fancy chart.. but what does that mean?
+16 Reply
ZarNegar PRO BitWave
2 years ago

The meaning of this chart is that, BTC will surely fall to 113
I have no doubt this scenario
-9 Reply
MoonTrader ZarNegar
2 years ago
How can you be so sure?
+7 Reply
ShortThePlanet MoonTrader
2 years ago
Good TA makes traders sure. No big deal
+5 Reply
MoonTrader ShortThePlanet
2 years ago
There's no such thing as having "no doubt" in TA.
+7 Reply
ShortThePlanet MoonTrader
2 years ago
When btc was in 600s I had no doubt it will crash. That happened
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MoonTrader ShortThePlanet
2 years ago
But you couldn't know that for sure at the time.
+3 Reply
ShortThePlanet MoonTrader
2 years ago
I knew that for sure.
Reply
MoonTrader ShortThePlanet
2 years ago
What's that thing they say about hindsight?
+8 Reply
xpierro MoonTrader
2 years ago
Overvaluation is overvaluation. I never traded bitcoin, and ESPECIALLY when it was around 600. Why ? Because I can't use them, nobody can, those who can are shady for most, nobody understand the core principles and I have trouble making people understand the intrinsic value of it or even the use cases. Brokers crash often, are made by magic card traders, the cryptography behin it, albeit perfectly safe, has been made by someone completely unknown. Banks and government, that people criticize all the time but goes to, crying, when things goes a bit wrong, condemned strongly an unregulated currency that would make their countries unable to pay their debt if it was ever implemented globally. Look, the bitcoin is like a worldwide Euro, everyone can use it but no central political gov can pour trust in it to print more, rendering it useless as a real currency. In a word: we are so not ready than paying 600 for a number on a screen is a lot too much. Everyone KNEW it would go down.
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MintCoin xpierro
a year ago
Mintcoin is set up to be useful as a real currency.
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IvoZ ShortThePlanet
2 years ago
You mean to say "fo shizzle"? Haha :) Knowing things for sure, many months ahead in btc? :)
I like your pamm and articles, but why go there? :)
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Fahrenheit ShortThePlanet
2 years ago
monster ego kills a trader they say
Reply
MoonTrader ShortThePlanet
2 years ago
What's that thing they say about hindsight?
+5 Reply
elp MoonTrader
2 years ago
Usually price will stop at the -61.8 on a daily setup, watched it do many times in other instruments. However, when price trades past the -61.8, price has to keep going strait up or it falls strait down. btcusd traded to it's -3.618, that's a bubble. Looking at silvers 2011 high, it only traded to its -1.618 IMO it was not hindsight since bitcoin had all the tell tale signs of a bubble. Using basic TA it was very apparent.
snapshot
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AKWAnalytics PRO ZarNegar
2 years ago
"no doubt"... LOL, welcome to the pundit graveyard
+14 Reply
TheNickD AKWAnalytics
2 years ago
Or the pundit glory land.... He nailed it, you must admit.
-1 Reply
elp ZarNegar
2 years ago
Gave this comment a like! Instead of -13 dislikes you are at -12 dislikes. You must be correct when the crowd is against you. Good chart at always!

TY for sharing with us ZarNegar!
+2 Reply
Technician TOP ZarNegar
2 years ago
I see lots of disagree, but you almost got it right
+5 Reply
the_batman PRO BitWave
2 years ago
He's an engineer and has tons of empirical data supporting the accuracy of this fancy-ass model. It is most definitely not his first time.
-3 Reply
ZarNegar PRO the_batman
2 years ago

Thank you for your comments and advice,
+3 Reply
Mr.Thirsty BitWave
a year ago
nothing just none sense.
Reply
yomofoV PRO
2 years ago
it looks like a stargate or a portal to another dimension
+16 Reply
NickCoulby PRO yomofoV
2 years ago
lol
Reply
UtterOnce
2 years ago
dr who, x file, the twilight zone
+3 Reply
FluidicFX PRO
2 years ago
Cool work. Parabolas, being 'ballistic trajectories', seem totally appropriate for a falling entity.
Reply
vortexspaces
2 years ago
Charts look fantastic, but how to read it =)))
+2 Reply
peter_brv PRO vortexspaces
2 years ago
From left to right :)))
+2 Reply
shack4 PRO
2 years ago
I think you should consider looking at BTCUSD on a log scale before determining the need for bitcoin to undergo a full correction to $133. I find the log scale makes better sense of the chart since BTCUSD is so relatively new and emerging.
+2 Reply
Emanance
2 years ago
But I can buy a 3 Tier High Tea Cake Stand on Ebay for $30!
+8 Reply
tuamen Emanance
2 years ago
LOL
+1 Reply
CryptOhio PRO
2 years ago
BTC $133 based on 1 support level and a goofey forecasting tool...lol Stop smoking crack, and considering going on a juicing cleanse to get your head right...mehr sein als scheinen (more substance than semblance...i.e. your goofey tool is pure semblance)
+1 Reply
TheNickD CryptOhio
2 years ago
Wouldn't you love to take your comments back at this point?
Reply
ChartArt
2 years ago
MtGox pivot points while crashing down hard in February were $220 and $92 and finally the price on MtGox stopped trading at $135. Therefore $133 is not a unrealistic area.
+6 Reply
JL162636
2 years ago
wow these thing is just fulled with stats. thank you for the beautiful alert/ art work
+1 Reply
ChimbOt PRO
2 years ago
your the best!
check his track record :D

+3 Reply
JL162636 ChimbOt
2 years ago
ignorance is bliss
+1 Reply
BallerTrader
2 years ago
this chart looks like a UFO is beaming bitcoin up to the moon. 4000 USD CONFIRMED
+2 Reply
pabx06
2 years ago
the http://en.wikipedia.org/wiki/Tiger_Management beating every year all of it 's pear with almost no drawdaw until it got busted bankrupt. and endded in tears.
-1 Reply
Time Warp Continuum portal. Love it!
+1 Reply
ZarNegar PRO
2 years ago

This chart is an hourglass pattern,
In this chart, BTC life Will be completed in 133,
And then is reborn and climbs,

Happy New Year 2015 to all
+8 Reply
soap ZarNegar
2 years ago
Looks good, can you tell me about this book and the author of technical analysis it?
Reply
Siakisboy ZarNegar
2 years ago
Happy New Year, I like a man who puts his balls on the line, I hope your wrong though. I'll stay tuned.
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SS96 PRO
2 years ago
you missed comma. 1.33 thats where it should be or even lower.
-1 Reply
Stockman
2 years ago
It's an alien chocolate fountain, I want what you're smoking, LMAO
+1 Reply
onefix
2 years ago
Would be nice to hit 133 before June, another 6 months of down, will be very painful. Nice chart though. :)
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pabx06
2 years ago
Free masson charts ?
Reply
JamesR94
2 years ago
http://en.wikipedia.org/wiki/Financial_astrology
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Stockman
2 years ago
5 dimensional dart board
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xFuD
2 years ago
UFO!
Reply
xFuD xFuD
2 years ago
Never mind, it's just a space elavator
+1 Reply
atlantis11500
2 years ago
stupid!
-4 Reply
ZarNegar PRO atlantis11500
2 years ago

THX, GOOD LUCK
+8 Reply
mbrennan PRO
2 years ago
You cannot (consistently) predict move than one pivot. You can predict the first but the second is always 50-50 because the deciding price action is not even there yet. If I were you, I would hold short and trail the swing highs and buy a double bottom or higher low (assuming there is a reversal).

Good luck though.
+1 Reply
ZarNegar PRO mbrennan
2 years ago

Yes you are right,
This is a scenario for the future, 133 will be the first target for BTC
After the 133 is 50/50, Or climbs above or falls below $ 90
+4 Reply
feedthemcake1
2 years ago
The sharp rise
Reply
ZarNegar PRO feedthemcake1
2 years ago
This is true,
At that time, BTC was at a crossroads and had to jump or fall,
And BTC chose to fall .
Thanks for the reminder
+1 Reply
vortexspaces
2 years ago
ZarNegar why you think btc will hold 133? In such massive action btc can fall even deeper, to < 75
Reply
ZarNegar PRO vortexspaces
2 years ago

This is an analysis, And This analysis is done by the technical,
I think that BTC does not fall, But technically tells me that BTC falls
+2 Reply
TheBlanco951
2 years ago
i would yell out schizophrenia on this one, but then again i could be wrong because there is a legendary trader that follows elephant migratory root patterns to trade the stock market. where do you learn all of this? whats your background previous to trading?
+1 Reply
ZarNegar PRO TheBlanco951
2 years ago
Very nice
I feel that you're too worried. You'll need to rest or treatment.
I am always on sale. And enjoy trading. And You can also sell and have fun like me.
Good luck.
+3 Reply
ShortThePlanet ZarNegar
2 years ago
Only sellers win this time in btc. That's true
+2 Reply
TheBlanco951 ZarNegar
2 years ago
lol i would do the same if i traded bitcoin. its pretty obvious that bitcoin trades inside of a wedge.
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EduardoFerreira
2 years ago
range of time and range of price. cool
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I always love your drawing, very entertaining. I hope I can understand it and draw the same thing..
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Wow. Looks like a Star Trek chess board. We came to same conclusion but took a different path.
+1 Reply
jangseohee
2 years ago
BTCUSD, double support to be tested
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miquael jangseohee
2 years ago
what is the break out of the major trend line here? 283? 256? is BTC now below that line?
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jangseohee miquael
2 years ago
~256.20 is the horizontal support
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jangseohee miquael
2 years ago
Not yet but getting there 256.20, IMHO
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JeroenHouttuin jangseohee
2 years ago
That's a great improvement to Zarnegar's christmas tree. The width of the channels seems a bit arbitrary though, especially the lower level of the current downward channel.
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HuaYang
2 years ago
Bitcoin price trends, similar to China's Shanghai Composite Index
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Great chart as always zar!
+4 Reply
JeroenHouttuin
2 years ago
How exactly did you suck this out of you thumb? This is the vaguest TA I've ever seen.
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Regardless of anything, I just enjoy your charts, pretty creative
+3 Reply
ZarNegar PRO Technician
2 years ago
Thank you master Technician
+1 Reply
Is that space-age-looking indicator available on Tradingview? What's it called?
Reply
IvanLabrie TOP Captain_Walker
2 years ago
This is just a drawing, no indicator on this chart. (otherwise you would see the name overlay with the periods and whatnot)
+1 Reply
ZarNegar PRO IvanLabrie
2 years ago
Exactly
+3 Reply
Andrzej Michaluk
2 years ago
Great chart it reminds me theory of the golden spiral in space. I like it ! I think it is the best analysis.
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altcoinbonanza
2 years ago
what a cool looking graph.
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Hmm.. I don't think Bitcoin will reach $133. Bitcoin is currently in a trend reversal process and it's heading up.
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aziz92 CryptoCurrency Inc.
2 years ago
How's that trend reversal process coming?
+2 Reply
blackswan
2 years ago
looks like your chart is still in play... it just appears to be ahead of your curves.. so 295 was supposed to have been 283, if that chart works out we might make the run to 180s or lower perhaps..
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blackswan blackswan
2 years ago
sorry i was going to say your curve was ahead of the real trend...
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BTC_trader blackswan
2 years ago
Yep. Much lower.
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dionvuletich
2 years ago
I have no idea what this chart is saying... but I like it
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abail
a year ago
Is the 133 target still valid?
Reply
MoonTrader abail
a year ago
Fuck no!
Reply
Thorm
a year ago
but can you make trading decisions of this?? Can you indentify clear stop, entry and possible profitlimit?
Reply
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