- On the monthly scale there is a holding trendline with 3 touches established in 2015! - The price is currently sitting on the trendline, so it is still very bullish at this moment. - If we take a look at the RSI indicator, we are exactly in the buy zone. - As per my Elliott wave analysis - we are in the massive wave 3 as you can see on the chart. - Bitcoin...
~12h hidden bear is confirmed. ~12h 55ema overhead, ~12h ichimoku cloud overhead ~3 major algo targets overlapping between 22.2~22.3k 6 points of confluence, all pointing to a strong downward move in the days ahead. --- stay safe peoples o/
good afternoon o/ ~ and just like that, with the flick of a switch, bitty invalidated my short term bear count. ~ as of me writing this, i am anticipating higher prices. anywhere between 23.8~25.7 is the target. theoretically, a very sharp rejection will take place in between those two levels which can take btc down over 50%. ~ if you aren't already in,...
Everyone is in panic ... most of so called "TOP" autors calling for 15K and even sub 15K or delusional 10K targets again. Im telling you that this could be your once in a lifetime opportunity ! (AGAIN) Buying the FEAR and selling the FOMO gets usually rewarded well in the mid/long term. When everyone is talking about end of Bitcoin and Bitcoin the digital gold...
good afternoon o/ --- general idea remains the same, btc is still trying to reach the local upside algo target; will most likely see a rejection between 21.2~21.8k. --- downside target sits at about 18k as of today should be reached by july 12\13th; after-which we should see a little move up, where alts will most likely lead the way.
good evening, taking a peak at the alt charts, and a lot of the alts look to be setting up for a little pop in the days ahead. this would also rhyme with the idea of btc stopping out all the bears who were late to the party over this 3 day weekend. a push up to 21.2k, followed by a flush just beyond the range low is my plan. anywhere between 17,400~16,195 is the...
Pivotal points line up nicely with these two circles drawn during the early bullish phase of the market and the later bullish phase of the market We are in a comparable point to that in the first blue circle Previous bottoms line up nicely with 3.618 and 4.236 of the first bullish circle drawn
It can be seen on this chart that the horizontal lines of support align with previous secondary bull market tops (in red) The hammer situation are comparable points What is really interesting though is that the Gaussian Channel structure on this 3D chart is very very similar to that of the pre 2016 bear market This may result in a low for BTC at around 13 - 14K...
good afternoon o/ --- applying all the factors i have mentioned over my last few posts, and taking a look at this local area from a psychological perspective - i've come up with this particular trajectory for btc. --- i bet there is a ton of long stops at the range low, via 17.6k. if history repeats itself, that low will get raided before a move up takes...
what i have displayed on my chart are solstices \ equinoxes. i've went through btc's history, and i have found that the mid-summer solstice has historically marked some kind of bottom in the cryptocurrency markets. ---- circled the last few times it took place. here's some more: to conclude, there has been 10 mid-summer solstices since 2011 of the 10, 8...
what if, it's just this simple? we saw 5 waves up, we saw 3 waves down. ---- higher timeframe oscillators are close to being completely reset, indicative of a bullish reversal on the horizon. open interest has fallen quite drastically overnight, supporting the upward move. fear is at 11, bearish sentiment is at historical highs. --- i'm not playing any...
good evening peoples o/ pretty decent reaction from last nights downside target, but the reaction is simply not strong enough in my opinion. it is most likely a trap. --- if the range high is broken, btc can expand to anywhere between 24~26k failure to take out that high, and we will see 14.5k in the next two weeks.
good evening ladies and gentlemen, --- i'm gaining more confidence in the short term bull case for btc as more of the herd turns bearish. looking for a local bottom in the low 19k range. if 19k range holds as support, i will be looking for follow-through to the upside in 3 choppy waves to complete the local b-wave at around 24k. --- >a break below 19k could...
goodemorgen, yesterdays trajectory, and the two i have displayed here are my top 3 projections. which one is at play, nobody knows - so it is important to prepare for anything the market may throw our way. -- the white path implies an impulsive 5 waves down, this would make any bull sweat - knowing that 5 waves down is merely the beginning of something. the...
Good afternoon folks, I've been doing a lot of thinking about the structure of this current market, and i've come to somewhat of a conclusion. I believe what we're currently experiencing is called a "Triple Three". 👇 --- as of right now, we have a complete w-x-y; and while this could potentially be the bottom of the entire correction, i'm theorizing that we...
conviction 75% Elon is getting political, it's going to get messy. The headlines need to say TSLA down 70% from it's highs (~$350) Cryptos are also on Tesla's balance sheet and will drag this thing down since they're about to collapse as well
Using two indicators BLX GravityWaves Gaussian Channel It can be seen that price tends to bounce off the upper band of the Gaussian band, and simultaneously the lower band of the Gravity waves Right now price is testing that area on this Monthly timeframe for BLX Based off this info a good entry here can be surmised