I was going to wait till after today to publish this but what I found cannot wait. If today's May 31st Fib Time zone confirms then we can go ahead and look at the next fib date in line which is January 10th 2022 and what I just realized is for the first time I get an overlap of Fib time dates.
First Fib Time Zones dates (Orange lines )
So the First Fib time...
That is the question on everyone's mind right now following Bitcoin's -50% crash from April's $65000 top. To get a better understanding I've used the 1D time-frame, comparing the current sequence to the 2019 and 2013 mid-Bull corrections and the Bear Cycles of 2018, 2014 and 2011.
* The common characteristic on mid-Bull corrections is that the 1D MA200 (orange...
Day of indecision for BTC, who does not seem to want to climb too much. The force of his weight seems to push him lower and lower. Giving it another 24 hours, maybe it will show us more clearly the direction of travel.
Hello traders, hope you all doing well in this unreliable market. The game is getting harder to predict, play safe and follow your plan.
So as you can see we are forming an H&S pattern in a shorter time frame, it's a bearish pattern. We are currently below the H&S neckline and that's not a good indication for at least short-term price movement. If we see a retest...
my dash chart shows 1 impulsive moved followed by an ABC triangle correction which was a bull market correction that preceded the next impulsive move up. I feel that the last move was a bearish impulsive move down. Now I am waiting for some more clues to see how things develop. I stay long and bullish even though the current PA looks a bit unclear.
Even though the title focuses on the Inverse Head & Shoulders pattern that has been formed, I will make this a multi time-frame analysis as there are various important developments we need to look into and consider for Bitcoin's trend.
** Inverse Head & Shoulders on 4H **
The main chart is on the 4H time-frame where the Inverse Head & Shoulders (IH&S) is most...
We are coming up to the most important week of the bullrun for bitcoin , do we hold the 0.618 (fib Fan) Losing this fib level would change all Macro projections for this bullrun. May 31st is the day that could see a shift in momentum.
May 31st is a Monday, I expect a big move to start happening early hours of Monday before the trading day even starts for most. If...
The king wakes up to life, and returns to growth yesterday, on a perfect day. The premises for the beginning of the day are still green today. But it has to pass a first resistance marked in blue. Long moderate Bitcoin prediction!
Finally #bitcoin is back in action. It is constantly moving up at an impressive pace.
Going by the chart, I have marked two zones for BTC. As long as it stays within the Green zone, it will stay bullish. However if it enters the Red zone, then it will turn bearish.
Hopefully today we will get to see where BTC is heading.
If you like my analysis then do drop a...
On this study I will look into one of my all time favorites, the comparison of Bitcoin's cycles and how they way they converge or diverge from each other can give a meaningful interpretation of current movements and a projection of future price action. In particular my focus will be on the current Cycle (the 4th historically that started on December 2017,...
If we start closing weekly candles above this 0.168 fib level we could see the start of a reversal coming , the date I get with the Fib time zones is May 31st . I have been covering this date here for weeks about that date possibly being an important pivot point , if we start closing weekly candles above 0.168 fib the chances are, momentum will swing to the...
Although as a Crypto representative, BTC withstood the declines a little better, the direction still seems to be clear downwards. It is important to see how it behaves if it reaches the 30,000 threshold again. That may be the moment of truth for BTC. Short prediction today.
Everything is detailed in the chart, today and tomorrow will fully determine the movement of bitcoin.
We are in a very important time in the digital currency market, so gather all your attention, you can have bigger gains and bigger losses in these conditions.
To support us and motivate us to post more analysis, like and comment .
Daily TF looks juicy IMO, If in fact the ABC correction is now complete we should start an impulsive move up or we could stay inside the triangle sideways and enter a more complex WXYZ correction B4 the next leg higher. Only time will tell. But this still looks very bullish to me,
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions.
On this study I display the whole Bull Cycle of 2019 - 2021 on one single chart using the Pitchfork tool. This illustration is important in order to put into context where we are now following the downtrend of the recent weeks and in particular the flash crash event of the current one.
** The Pitchfork of 2019/2020/2021 **
As you see I plot the tool (on the 1D...
