Possible Indicators / Patterns / Observations 1. It took BTC 7 month longer to reach its predicted March 2013 stock-to-flow target. It stayed also fairly close to that initial trajectory and then had a parabolic run up. 2. there was only one down trend and then a long (4 month) rather side ways movement 3. dropping below upper Bollinger band is a clear signal for...
Possible Indicators / Patterns / Observations 1. BTC stayed close or below its $5.675 stock-to-flow target 2. There were 3 up and 2 down trend week groups to reach that target 3. dropping below the weekly Bollinger upper band seems to signal a downward retracement 4. downward retracement to Bollinger baseline possible 5. drawing the $19.6 ATH target give a great...
It's been a rocket ride up these last couple of days. Here my quick view on the next couple of days and some initial insight on maybe how to orient yourself on movement of market. Some technical stuff first. I find the 168 hour moving average (basically the weekly) to be a good indicator for levels of pullback. It is close to the often used 4h 50 moving average,...
Wanted to update my idea and put some more data points on my charts. According to those Bitcoin is very aggressively pursuing maybe a even higher target then the lower $330k range or it is due for some major 30% type pullback. Reason being that the trend line from the break of the all-time-high in 2017 to the new ATH end of 2017 would have been a higher boundary ...
Bitcoin is clearly showing by it's path over the last 3 weeks where it is potentially heading and on what type of parabolic trajectory. If you project the last Bitcoin cycles growth after the breaking of the then all-time high (ATH) of $1.175 and reaching a peak at around $19.891 that makes a ~16.00% gain, so projected to breaking the ATH at $19.891 that gives a...
Bitcoin is showing immense strength and it clearly showing the the alt coin bulls the way. In full gallop it reached $33k. Ethereum is struggling to keep up with papa bull Bitcoin and struggled to break the $775/800. Litecoin same picture in the $140/145 range. Ripple looks more like RIP still. A very bearish chart. The only hope are signals from Ripple or the SEC...
Stellar Lumens has had a stellar performance since October 2020 very much acting like the number 9 player by market cap (taken out USDT, BNB, USDC). Next steps are to stay out of the Ichimoku cloud and regain the $0.19 resistance to make it a support and then aim for that next resistance at $0.245. All very much in the realm of this star performer.
IOTA looking weak - slowly climbing to €0.3 The former top 10 player (end 2017/18) looks like a failing project by it's chart. Unable to show signs of strength in a market that is clearly on an all out bulls race IOTA is even failing to break out the Keltner Channel or break the Ichimoku cloud conversion line. I would argue the market is clearly showing they are...
EOS has clearly been struggling ever since its all-time highs in April 2018. Trending a path many alt coins have taken. I call it the dropped ball. EOS's highs bounce lower and lower and are now waiting for someone to pick it up again and lift the ball to new heights. I expect EOS will be picked up by investors. Ranked #13 by market cap (not counting USDT, BNB &...
Merry Christmas Eve Everybody! Apologies for this quick & dirty snapshot. Wanted to make sense of the market situation myself after the SEC kind of spoiled the last couple of days. Bitcoins appears to be breaking out above here soon and deliver the main Christmas present being market uptrend stability. Ethereum is climbing towards it last big break out trying to...
Altcoin are clearly taking a hit with Ripple's struggles with the SEC suit. Altcoin market cap seeks support at 26-27% range in order to maintain momentum in this bull cycle and kick off (or continue depending how you count) the next alt coin cycle. As I expect Bitcoin continue to show strength and reach new ALT this year and push forward to its 2021 100k goal,...
About 10 days ago, I told you so. I am scared of my own prediction cause it is following the path so beautifully to $52k. Let's not look at it for another 10 days - okay - not to jinx it.
...well find your entry point to buy on the respective fib retracements to enter... ...but beware the bears may be behind the next hour door so be sure to set your stop loss orders.. ...time for asia to set the trend for the next day in Europe and Americas...
I'll keep it short. Unless each takes no break and just continues to climb, Possible buy opportunities for each at their 0.236 and 0.382 fib retracements. Make sure to set your stop loss orders not to lose any money or sit there being forced to HODL.
I'll keep it short. Unless Litecoin takes no break and just continues to climb, Possible buy opportunities for Litecoin are at around $102.81 and $98.62. Make sure to set your stop loss orders not to lose any money or sit there being forced to HODL.
I'll keep it short. Unless Ethereum takes no break and just continues to climb, Possible buy opportunities for Ethereum is at around $650 and $638. Make sure to set your stop loss orders not to lose any money or sit there being forced to HODL.
Welcome welcome to the Bitcoin Bull Circus. Bitcoin and the crypto market has officially landed in the next Bull Run parabolic clycle. From here on out it is about timing and making the right picks in the crpto market. If Bitcoin will take a breather and some folks will take wins the next buy opportunities are around $22,5k and $22k. Of course Bitcoin could also...
As much as the last couple of days were bearish Bitcoin is showing strength to day breaking the downward trend at least momentarily. A move over $18.625 would create a very bullish signal and generate strength for attacking $20k again (see related idea "Bitcoin Bears are Forcing a Retracement - $17.5 test likely") It appears traders are happy with just a...