TradingView
kingkennythegreat
Aug 8, 2019 10:50 PM

END OF MARKET CYCLE FOR BITCOIN ? 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Could be approaching a end of cycle for bitcoin, looks bearish for the next one we will have to see. if BTC can get above 13K good chance we stay bullish for afew more months

Comment

Comment

Comment

Diamond pattern price has passed through everytime. ( remember it’s just a pattern ) but speculation would be down trend into the next diamond pattern

Comment

Hidden gems 🙈

Comment

Comment

Comment

Comment


So far so good remember this is a macro chart not going to catch everything. But seems to be here.. I’ve got other charts for catching everything
Comments
kingkennythegreat
The diamond pattern was valid... part of the cycle was to trade back in the diamond... even though the diamond is a wide area for both time and price.... you can speculate on it afew months before
kingkennythegreat
toricuraj
can please tell me what you used to create this i love it and i want to try it? tc
kingkennythegreat
@NazCuraj, gann box with the fans on
Oko32
this is ridiculous.
kingkennythegreat
@Oko32, after seeing your chart this is not ridiculous at all. Can’t go counting the days and working on percentages.. making stupid predictions. At least you could square the number days by a cycle factor look some what like you know what your doing. The high and low will have a different cycle factors. Come back in December you might get lucky.
Oko32
@kingkennythegreat, i meant it is ridiculous because nobody can understand what the hell it is showing lol, it's a mess.
kingkennythegreat
@Oko32, fair enough it’s actually very clean and ordered from what I see on this chart is likely a good few bearish months.
One can make speculations through patterns there’s plenty of speculation to be made by this chart. Doesn’t mean it’s going happen. It will also invalidate or validate it for you as well.
kingkennythegreat
@Oko32, might want to refer back to the original chart look for the diamond pattern.
This isn’t a prediction. It’s just a pattern. Even tho it’s ran many times it’s not a obvious pattern
kingkennythegreat
many other valuable things on this chart it arced major swings there’s fan lines to consider. rectangles. Squares. Triangles. Diamonds Horizontal lines vertical lines.. circles arcs. Polarities . Dualities. Major suport and resistance. Timing and what’s not shown on this chart is the little gann boxes inside every little square. Then larger quadrant ganns and fans.
More