A deceptively clear chart that implies bullishness, I'm hesitant to go hard on anything with the chart looking as it does here. The Binance news still needs to cool down and I'd like to see how alts respond to this. I predict this to be a quiet evening.
The positions available on the micro timeframes today line up with the macro perspective really well. It's a clear chart and I'm happy trading this volatility throughout the week!
A lot of compression is visible today and this week. I'm convinced we'll see the bullrun in just a few months!
We've entered our longer term mean reversion pivot. There's a lot of compression going on and we'll be entering alt season here shortly.
I've defined the high probability mean reversion pivot for you, if price crosses inside there's a fantastic chance we'll see significant downside of around 18%. This will be the reaccumulation period before Bitcoin's next bull run.
if price enters either band, price goes to the center of that band. Otherwise trend is technically sustained. Bet on it.
A fantastic chart with a lot of parallels to the previous bull run. From the looks of it, we should hit the swing high followed by a lengthy compressionary period as Bitcoin restores to a state of potential energy once again.
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The range still tightens and the mean reversion pivots are still respected. The best scenario is either trend continuation or mean reversion, and thankfully the pivots for both are well defined.
We're in a short term compressionary period and the long term mean reversion pivots are still miles away. Sit tight, trade some short term lateral chop and wait to see if there's downward net expansion.
Probably not, though we need to wait for the mean reversion pivots to form so we can accurately define when the trend ends.
Price went to my long term consolidation target, and stalled exactly there. Coincidence? Maybe. Though more likely we've discovered the means of identifying long term dynamic institutional benchmarks through 3D Wave PM.
This is a short take on Silver which looks like it is about to break north through a zone of resistance. I'm waiting for a a better signal but I'm getting prepared. There could be a serious bull run on this, as everybody will be watching for the same break.