Notice how all of these fib circles match up so well. Peaks and bottom wicks touch all of these fib rings showing that they are all connected. Using these fib circles i connect and compare both bitcoin bear markets taking into account the current price manipulation pushing up price to liquidate shorts.
~ vertical golden lines are halvings
~ horizontal red lines are All Time Highs
~ the red arrows go from the ATH to the point where the price is again at the same ATH inside the new bull run
~ the green arrows go from the start of the new bull run to the point where the price sets a new ATH
~ indigo horizontal lines are points of support / resistence for the...
The 50 day and the 200 day ma recently had a death cross.
The 50 week and 100 week ma about to have golden cross.
Mixed signals between two long term indicators.
imo the 50 day and 200 day has been more accurate with our cyclical performance analysis.
Furthermore, BTC still stuck in the expansion phase top (14K) downtrend channel.
Lastly, miner capitulation...
27/Nov/2019 12:19 PM AUTHOR: Brandon Gum
The last 10 times out of 11 that IWM didnt have a new ATH for 250 days and then made one---> IWM was higher on avg by 17% 12 months later.
Above this level here we need to be fully long.
Tell me why Im wrong
In looking at the lines I've drawn on QQQ the last year or so, what stands out is that when QQQ breaks decisively below uptrend support lines, it has always been eventually fatal. (I feel like a moron for not believing my own TA on May 3 and 6 when I should have opened a massive short with tight stops. I agonized over the charts on those days, but the bulls had...
Breakout about the 100 day VWMA and CCI is crawling out of the hole, another rush upwards is in the works. To what point is anyone's guess. Personally not going to buy in unless it has a nice pullback toward the 2.00 level.
Best to play this like anything else - with patience and discipline.
The last cycle of crypto mania ended in the end of 2018 when leading cryptocurrencies has lost 80% - 90% of their market values. The classic pump and dump cycle may afflict huge financial losses to participants in the bubble.The bright side of this collapse, to some degree, is that tokens has attracted significant media coverage and public interests. Tokens has...
From Futures regarding global index's on Monday Morning at 1:59am have been deep in the red. volatility is at records high since the Great Recession. When Mondays floor of 2600 falls out under us, we'll shy with with 2550 and the world recession will be looming on mass media following a 11.5% drop to next support line at 2300.
This is on the weekly and the price took out the last significant support level, this will now. I still don't know what caused the price action but it doesn't matter cause I do what price tells me to do
In the last analysis I've traced a zone around 7200-7600$ as a confluence area and the price actually stationed here for some time. This price level is important because if it fails to act as support, price could retest the lower triangle trendline and the daily support @6900-7000$ or go even lower for a possible triple bottom pattern @6400-6500$.
This is what I...
1) #NXT broke out of its long downward slide on 20 March. A Gann Fan was used to confirm the breakout and on 22 March and 23 March #ETC tested the 2/1 Resistance of the Gann Fan and on 24 March #NXT broke through the 2/1 support (see previous analysis listed below) to start its upward trend. The first observation is therefore that #NXT is now moving into a Bullish...
The economy is still expanding, making cyclicals a good choice. Under Armour has been outperforming Michael Kors, and is at a good technical level to buy into. The short on Michael Kors helps hedge out market and sector risk, isolating the risk associated only with Under Armour.
At the moment Iconomy seems to be a sleeping beauty, that waits for starting another leg in it´s cyclic run on the logarithmic scale. Their cryptocurrency fund is doing very well, which shows Iconomi´s ability to manage such a fund smoothly in times of extreme volatility.
BTM has been following this uptrend pattern over the past two weeks. My next buy will be about .0005 (on~ 06/26) and hoping to sell .0007 a few days later (~06/29).
Ichimoku cloud supports a general uptrend in BTMBTC so I think buying isn't overly risky - rather you want to buy at optimal entry points so focus on that so follow MACD and the supports
The Consumer Non-Cyclical Sector SPDR Fund has been in a bull trend since the end of the financial crisis. An internal and stronger bull trend has taken shape since shortly after the US elections in November 2016. However, this fund is currently near its long-term resistance point which will most likely lead to one of two future moves. The fund could break above...