COINBASE:ETHUSD has seen more selling pressure and hasnt has a bounce yet. We are approaching the LOG ABCD target around 1500. This could provide some buying to get the bounce but ultimatly will give way to more selling. Looking at the AI for the year we can expect a low somewhere around SEPT/OCT. This is where it can be down around the 1k level and another...
Long-term price analysis using confluence of Log regression bands, SMA's, and Fibonacci retracements. Possible case for a test of the 400w SMA, based on % distance to previous all-time highs.
Bearish case: - If 69k was our 5th and final wave, RSI failed to make a HH which is typical of a weak final 5th Elliot Wave. Price made a new high and RSI made a bearish divergence. - Weak volume with next to no strength in flow of the move Bullish case: - Given EW theory, the 3rd wave should have significant volume and the 5th should display a clear decline...
perpetuals for usdt look logarithmically like some harmonic pattern is completing, and that sell volume will lead to a spike in rsi, along with retesting trama and vwma levels.
eth all data in 1 chart. made this too see where we are gonna bottom this bear season. this along with other eth charts supports the bottom to be around 320-305, though if we see a capitulation candle we see bttc around 9.3 and eth around 225-150. please take a look on other charts before seeing this
the gann fan and log view with broadening wedge indicates stock is trending toward long term support. if we cant close over the 4/1 monthly its probably headed for that lower trendline. were at horizontal support so a bounce starting here would probably head for the 2424 area. closing above the mid 2400s and we could head for 2988 where TRAMA is currently hanging...
This is the log difference from the price to the 20 week moving average. Has always been a great top and bottom indicator so far and we're currently at 9% risk. We won't be going that much lower so I would recommend to start accumulating at these levels.
Potential bullish wedge. Could not hold the blue scenario. On lower timeframe a bearish retest and we will continue to drop more? Keep in mind this is a log chart. (Maybe we will climb up again and the UST/LUNA scenario was a type of black swan event causing this in the first place, this chart shows how btc outperforms the stock market. With an enormous influx...
Sometimes you come across a chart that triggers me immediately, its a logarithmic chart. Bitcoin will be in a few years about $500k or something like that. But the rise of Bitcoin is in a different stage. Percentages of 11,000% up in a bull run were normal, but this is a thing of the past. The market cap has risen sharply and this leads to lower rises in the...
Hello my dear friends, here I am again. Like promised, here is the longer term outlook on the ICX/ETH pair. As u can see, we are situated in one of the biggest falling wedges I have ever seen, dating back to 2018!!! U can see the paths this pair will take when one of the trend lines breaks. In my opinion, because a falling wedge is a bullish pattern, it will more...
Having the same Log position as 2018 during the prior bull market (according to this indicator) an entry here seems great 2020 COVID pushed the price a bit lower
BTC on a macro scale (weekly logarithmic) Seems to have found, by stretching its cycles over time, an interesting new resistance in its bull markets. It seems that the 100MA on this chart is beginning to take on real relevance as these cycles have stretched out. --------------- BTC en escala macro (semanal logarítmica) Parce haber encontrado mediante el...
Take the 2019 low and high as well as the late 2020 lows (not the covid drop) and you'll get this amazingly well-respected fib channel. Particularly the weekly chart's candle closes and wicks line up more often than not using your standard fib numbers. Happy trading! Note: this is on log scale
Looking at BTCUSD on the Weekly TF (LOG) It was apparent that LT Trend touch attempts were made by the Bears after ATH levels had been locked in. With the current Weekly Bear Flag formed within the current Ascending Range, I am questioning whether another LT Trend retrace is in play. Noted there is some strong Support to break and hold BUT as former ATH (20k...
BTC Bouncing Off Major Swing Low Linear Logorithmic swing-low trend line.
This is one of the best buys I think I've ever published; price action over the last 3 months wicked down to the red line we see here and quickly bounced; good support at this zone; going up 3k a month from here on out; at least that's my prediction. Does it break this log scale chart? My fundamental of economics doesn't suggest that it will until there is not...
Bitcoin goes through multi-year bullish cycles on the logarithmic chart before returning to its long-term support. According to the chart, we can assume Bitcoin will reach $100K by late 2023 if the trendline continues. It also appears that there is a bullish divergence, with price continuing to trend upwards while the MACD seems to be printing a new bottom and...
Everything is in the chart... Disclaimers: !! This is not an investment advice and you shouldn't follow this setup !! !! Never invest/trade with more money than you can afford to loose !! ------------------------------------------------------------------------------------------------------------------------------------------------------------ That's pretty...