B166ERcrypto

B166ERcrypto Pro

It's clear now that Bitcoin pumped to a distribution zone twice in 2021 and created accumulation zone structure three times now. Bitcoin will likely break out of the accumulation zone this year and probably by fourth quarter of 2022 if not early 2023. Once it does it can creep up to 100K or there will be a big fast pump to it. Either way, once we leave this...

B166ERcrypto Pro

If Bitcoin is entering a Supercycle Phase then I imagine it looks something like this. Parking this here so I can press play in a year or two and see what happened. Peace, Love, & Crypto, B166er

B166ERcrypto Pro

Hello! On this chart you'll see that Bitcoin is coiling up in a bullish consolidation pattern called a SYMMETRICAL TRIANGLE. Bitcoin LOVES Symmetrical Triangles. The LONGER they play out the STRONGER they are. This one possibly has the power to sling Bitcoin to 100K. Bitcoin has STRONG support in the 30K region and will likely be rejected by the 200 Daily...

B166ERcrypto Pro

Here we are again...Bitcoin makes a new ATH then consolidates before breaking out. Symmetrical Triangle is a continuation pattern, more likely to break to the upside, especially with Bitcoin. The last long time-frame "macro" symmetrical triangle launched price to 64K when it broke out. Peace, Love, & Crypto, B166er

B166ERcrypto Pro

Fractal Analysis. Same pattern playing out...liftoff in 10...9..8..7...6... Peace, Love, & Crypto, B166er

B166ERcrypto Pro

Look at the pink lines. There is a bullish divergence forming on the RSI. Peace, Love, & Crypto, B166ER

B166ERcrypto Pro

Check out the thick pink lines and let's see where the RSI is at when the June candle closes. A bullish divergence on the RSI on the monthly timeframe has the potential to sling price upwards past 100k. This is EXACTLY what you want to see if you want to see another massive runup in price soon. This could be the "double bubble" I've been thinking might happen...

B166ERcrypto Pro

Descending triangle pattern developing. If price action can stay above the Alligator lines for more than a few days it has a chance of moving higher, fulfilling the "large bull flag" analysis, creating the trade of a lifetime. If price sustains below the three Alligator lines then a further drop becomes more likely, leading to the fulfillment of the descending...

B166ERcrypto Pro

I am... LICKING. MY. CHOPS. I will wait, day by day, until I see the absolute PERFECT opportunity to enter! It could be close! Peace, Love, & Crypto, B166er

B166ERcrypto Pro

Hello! What a night! Unbelievable! Sensational! If you're new...WELCOME TO CRYPTO! The "Musk Candle" sent Bitcoin printing a crazy daily candle wick spread of over $6,000 lol However...it did NOT completely change the short-term momentum of the downtrend. It got beaten back down with a heinous wick over the course of the day. On lower time-frames, price is...

B166ERcrypto Pro

Ether seems to have developed both a Regular Bearish Divergence and a Hidden Bullish Divergence in the chart. Either also has a developing Rising Wedge pattern. Considering that Bitcoin is developing what could be a Descending Triangle pattern I can see a scenario where Bitcoin and Ether briefly break down, sentiment turns bearish momentarily, and then price...

B166ERcrypto Pro

I'm actually looking at Bitcoin for entries to long Ether as I think Ether is going to explode past its all time high soon. But we might get a dip beforehand. Bitcoin is important to watch right now, as Ether is not exactly "uncorrelated" with Bitcoin. I made this chart as though I were trading Bitcoin, though, as the information contained herein informs my...

B166ERcrypto Pro

Bitcoin is still forming what could be a descending triangle and now a bearish divergence shows up in the Daily RSI for Ethereum. I'm waiting, patiently, for the opportunity to make mad, mad money once the market clearly tells me what to do. I think my next trade is going to be life-changing. Peace, Love, & Crypto, B166er

B166ERcrypto Pro

Bitcoin could be creating a descending triangle. If Bitcoin gets rejected at the resistance line, and breaks through the support line, then Bitcoin will likely fall to the 21 week EMA, which will be located at around 23-24k at about the time a breakdown is likely. This will also fill the CME gap at 24k. ROCKET SHIP FROM THERE. Peace, Love, & Crypto, B166er

B166ERcrypto Pro

COMPARE THIS CHART TO THE OTHER ONE I JUST POSTED. This is the 2021 chart, the other is 2017. "The price of success is paid in advance."  Here is the thinking that needs to be done in advance of executing a trade:   Bitcoin regularly prints a pattern called a "Symmetrical Triangle." It also creates "Descending Triangles" that have a straight bottom and a...

B166ERcrypto Pro

COMPARE THIS CHART TO THE NEXT CHART! This is the 2017 chart, the other is 2021. Read the notes on the other one.

B166ERcrypto Pro

Here's a look at the the Inverted DXY vs the BTC chart for the last 1.5 years. They have an eerie correlation to one another. The DXY is currently in a REVERSE HEAD AND SHOULDERS PATTERN at the same time that Bitcoin is in a SYMMETRICAL TRIANGLE that could, potentially, break to the downside. If the DXY rises...does this mean that Bitcoin will...

B166ERcrypto Pro

As you can see we have a pattern of weekly bearish candles closing with very long tails and small bodies. Particularly the last two. The closer this candle closes to the open, the more likely it is that we break the SYMMETRICAL TRIANGLE pattern that is forming and we print fresh ALL TIME HIGHS. If this is repeated in the current consolidation period, it is...