Next support @ 0.0075 BTC? 0.0070 BTC? or 0.0069 BTC? FUSIONGAPS reversal signal triggered on BTC.D low-timeframe chart. However, looking at the FUSIONGAPS and MAJESTIC oscillators, BTC.D is likely to continue higher.. perhaps up to my previously predicted 71% value before before a minor turn-around (minor "selected-alts" season) can happen.
See my previous charts and scenario predictions: Yes! :o and wow! Nopes! Zoom-in to see current price action in this chart! This is crazy! I believe it probably will come down to retest 200 sma -- But will it?
More probable to just reach 20k by the end of this year. But here's my previous, and in my view, probably prediction of the next ATH using the LVDT dynamic guide bands/levels. (previously named "Bifrost Guide Bands") at the time. Target: ~280kUSD @ ~Feb 2021 In previous cycles, the bull market came in 3 phases. 1) The first phase is where the price remains...
All Momentum (Blue), Acceleration (Lime), and Jerk (Red) are all positive in the MAJESTIC (MAJ) oscillator. However, it looks like it will be making a turn-around in the short turn, to retrace the gains made, and retest the 10k level, before completing a final "W" pattern and then breaking out upwards from the descending channel, marking the end-point of the first...
The MAJESTIC momentum oscillator still looking strong though, with the acceleration and jerk oscillators looking to strengthen and move back up into the positive again.
..and BTC have since gone up ca. 11%.
Bullish: 50/15HiRev signal triggered in the AEONDRIFT Band script, with dominance dropped from the "overbought" level 3 band into the level 2 band about 35 hrs ago. Need to wait till the: blue MAJ momentum oscillator to enter into negative, or shows a clearer descending profile to prove conviction. thick (currently red) FG oscillator to show a clearer...
Nice gains so far, but should I hold on or lock-in BTC gains? See previous analysis and discussions:
BTC appears to now be heading back into a bullish phase again (on the 1D chart), after taking a break for a healthy retracement.
Keep it simple. I drew a yellow brick road to the next target zone. This is a 2 to 3 month play. We have sell signals, no buy signals, with momentum even still bearish. I dont want AG to drop to here, but I just read charts and drop emotions. Were at the top of the wedge, with the Ichimoku turning bearish. The bottom of the wedge is a long term support line...