BTC keeps getting denied at the centerline of the main downward channel. When the upward channel that's been in play since November 21 intersected with the main downward channel there was a steep breakdown. Now I believe we will finish out the H&S as drawn until we reach the bottom of the upward channel on Thursday. Then there will likely be another dump down to...
currently gold is entering wave 4 which is an impulsive wave (subwave) forming wave 3 (or C if no motive wave is formed). next gold will uptrend to form the 5th wave. This analysis is also based on the Fibonacci ratios which you can see in my chart display. Some astrology traders take advantage of the "mercury rerograde" moment which indicates an uptrend will...
Since mid-December BTC has been in a symmetrical triangle. It broke out on February 28 for 3 days as it tried to reach the 48K P1 yearly pivot point. It didn't quite hit 46K before dropping to the bottom of the symmetrical triangle again. Now it looks about ready to make another try at a breakout. If successful, it will likely retest the 48K P1 pivot point. If...
This retrograde starts in Aquarius and transitions into Capricorn - Air to earth transition. Interesting price actions in past retrograde starts and finishes. have a look at my past Ideas for some random associative patterns. This is astrology Dear Reader, so disregard this as advice. This is not technical analysis. Astrological charting indeed.
I use astrological indicators so if that's not your speed, this one isn't for you... Mercury Retrograde - January 14, 2022 The Mercury retrograde cycle often has a huge impact on BTC. The 3 weeks before Mercury goes retrograde are often marked by falling prices, with the bottom coming in about the time Mercury goes retrograde. There is usually an initial drop...
Today is Full Moon >>> High Probability for AUDUSD to make turning point between November 19th untill 21th 61% AUDUSD will Bullish to reach the next target 0.76400 39% AUDUSD will Bearish to reach the next target 0.70700 Wait for Price Action to make a decision, market now likely wants to end it's flag pattern and perform a strong bearish trend if the...
Long position (Buy) instead of short selling AUDUSD now had drop till about 90 pips heading to the cluster area , as shown on the analysis chart above, price action shows that AUDUSD likely to end it's bearish trend and begin to build a strong bullish movement , once it's hit the cluster area. Considering in the weekly time frame, we see AUDUSD is on a ...
AUDUSD had fall and targeting a new harmonic support 0.786 at around 0.72540 Stop and Reverse Trader as I mention previously should hold till 14th November with Target Profit 0.72600 to secure profit Arigatou Money In for trader who make a huge profit, after recovery from a 55 pips loss. XAUUSD just make a strong bullish movement and instantly close the...
AUDUSD heading to the cluster area, forming an impulsive Elliot Wave bearish trend, and in the end of 3th Wave This pair definitely 88 % will continue on a bearish movement till next cluster, and retest the Falling Wedge Pattern And start to build a strong bullish momentum on New Moon 5th November 2021 Wait for Long Position on +/- 5th November and consider that...
This analysis correlates the apparent retrograde motion of Mercury to the cycle we've been in since the end of January. All times are given for the west coast United States. Add 8 hours for UTC. It all started as Mercury stopped its forward motion to go retrograde at 8pm January 30. Prices flattened out for 2 days in a very narrow range. Then exactly 2 days after...
I've looked at quite a few altcoins that have recently dipped down to the same level as January 30. I believe this is due to Mercury retrograde beginning that day and ending just before the sharp dip began. Now many of the altcoins that soared so high during the retrograde period have come back down to test the support levels that were in effect on January 30 at...
Just a couple weeks ago, I was reading an article on Medium by Coin Monks about how the planet Mercury going retrograde has dramatically affected the cryptocurrency market in the past. Mercury retrograde is a 3-4 week event that happens 3 times a year in which Mercury appears to be moving backward from the perspective of the Earth. We are just leaving one of these...
When a Mercury Retrograde Motion starts we always see an up trend in XAUUSD at first then a down trend and again up trend, It is obvious the peak is always within this duration, but the next dip may be within or out of this period.
Visible in this chart is the last retrograde and the growing influence of the current retrograde cycle. Compare the two. Transiting Mercury in retrograde is a regular cycle occurring three or four times a year for about 24 days. While this is more frequent than any other planet, Mercury is still only retrograde 19% of the time. This is far less than Jupiter...
when mercury retrograde is charted to btc there is often more correlation then just chance could dictate. Retrograde dates are observable from earth by following the apparent motion of the planet. Mercury appears to slow down, stop, start moving backwards, then reverses course again, and speeds up. These movements of mercury when placed on a BTC chart are fun to...
Astrology and technical analysis are not as strange bedfellows as one would think. This was the first retrograde of 2020 - This astronomical influence lasts for nearly 2 months at a time but like a tide there is a build up, a maximum, and a waning. The influence of mercury in retrograde is on all things and not necessarily negative. Creativity and connection with...
The last 9/10 times Bitcoin dumped while mercury retrograde. Lets see what happens this time... I think Gann 8x1 Level and other things will stop- the price at about 6000-6400ish.
Indicators used: EMA(12) and SMA(30) crossover Mercury retrograde