Trader ATR92 — Trading Ideas & Charts

, 1W

Bitcoin, has this market developed enough to efficiently arbitrage any TA gains? I'm leaning yes, but the jury seems still out. Are you really seeing actionable anomalies that can hint at future price swings such as Bitcoin failing to regain the 200 W moving average? Does that beat the oversold RSI? Perhaps, the RSI has a bounce and has another swing down with...

Capitulation is coming....

BTCUSD

, 1WShort

ATR92 Updated

We are starting to reach some interesting levels in Bitcoin while in a normal environment I would already be buying. However, I believe a strong capitulation event may be coming correlating between equities and Bitcoin at the same time. If so, in my opinion Bitcoin may reach the purple buyzone outlined above near the 400 week moving average. I'm waiting for the...

Bitcoin close to Macro top?

BTCUSD

, 1WShort

ATR92

Stochastic and MACD are following similar patterns as last Macro Top. Also, long/short ratio is showing an overleveraged market. Do you think we are close to macro top? See my other forecast from earlier today that shows we may be in an Elliot wave ending diagonal formation - What are your thoughts?

Elliot Wave Ending Diagonal in play?

BTCUSD

, 720Short

ATR92

If Elliot wave ending diagonal is in play, we have a 65-66k target with potential for a throwover before a major reversal. We are currently in a 5th wave pattern formation confirmed by the volume signature. elliottwave-forecast.com

Bitcoin, Macro Top Mid March

BTCUSD

, 1DShort

ATR92

According to Pi-Cycle Top Indicator suggests that the Bitcoin peak may be reached in mid march if price does not fluctuate to much before then. The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days. It uses the 111 day moving average (111DMA) and a newly created multiple of the 350 day moving...

Bitcoin, close to Macro Top?

BTCUSD

, 1WShort

ATR92

Is Bitcoin close to a wave 5 Macro completion? Most disrupting technologies bubble up and pop before their real bull run begins (see internet bubble early 2000s). However, what could be the catalyst? Most likely, it would be systemic risk of a overall market crash or Tether being a fraud. Market valuations are historically high and are nearly approaching the...