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itsjustanalysis
Nov 11, 2018 6:14 PM

Bitcoin's natural support and resistance is Jupiter 

Bitcoin / DollarBitfinex

Description

When I've mentioned things like Venus Retrograde, Moon Phases or anything related to Financial Astronomy and Financial Astrology, people giggle or dismiss out of hand. That was my reaction when I first heard it. It wasn't until I found out that it was a legitimate form of Technical Analysis that my mind was blown. Why?

Because unlike a good amount of Technical Analysis, things like Retrograde Cycles, the longitudinal coordinates of a planet, etc, etc, they are all natural cycles, we can't change them.
So I found out that I should not dismiss it.

On the screen is the longitudinal position of Jupiter as it fulfills a full rotation around the Sun (heliocentric), the Green Line represents that position while the red lines represent the harmonics between the cycles. Gann discovered that by converting the positions of planets onto a price chart, you can find a particular planet that holds as natural support and resistance. And when we do that with Jupiter, this is the result.

To accomplish the lines, I used a piece of software that I frequently use, Optuma by Market Analyst, which has a full suite of Financial Astrology and a full suite of Gann
Comments
joe.dodaro
Here is what I can say in a short burst, especially when dealing with bitcoin, we cannot only view Jupiter, Venus set to the 8th harmonic (45deg), especially during this retrograde phase, has been pivot point for so many turns. Uranus is the planet making the most movement currently, when planets are in aspect with Uranus, even the moon, there have been major moves. This is due to it's retrograde status but also it's Heliocentric position relative to Earth's. A few examples can be seen recently (Venus 180 Uranus, Jupiter 150 Uranus, Moon 120 Uranus). Mars, for bitcoin and also many stocks is a center of energy when used as a timing mechanism. When the moon as well as Venus and Mercury are coming together on the wheel of 24, that time and price can be used as a reversal. Especially large reversals or high energy moves can be associated to Mars and Saturn coming together on the wheel of 24 as well. Mercury retrograde is another beast all together. I am not sure how to chart these things on tradingview, but I will make an attempt.
TreeTruffle
Yeah, idk what's going to happen. I'm actually bullish come the 13th-ish period. But Jupiter is combust w the Sun upcoming... like starting now and getting stronger. Combustion of cazimi is when a planet is conjunct w the Sun. So as the Sun angles up to eclipse Jupiter, the effects of that will be felt. From what I've read, Jupiter isn't supposed to be affected by combustion bc Jupiter is a higher octave of the Sun. 12 mo in a year - Sun. 12 yrs for Jupiter to traverse the zodiac.
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