BTC CME has just recently populated the weekly 200 moving averages, both the Exponential and the Simple. BTC is now testing the 200 Weekly 200 SMA for the first time. It took 234 bars to do so. The law of math equates that a 200 simple average will be tested or cross on average every 200 bars...
By definition this chart should break out of a falling Wedge back to the top of wedge
Verasity, do some research, Huge potentialnin the Crypto Gaming Arena, the Twitch of crypto gaming
BTC Closed the CME Gap, didn't break up like Bull Flag Measurements, could the Inverted Cup & Handle be broken? Or a Fractal of Left Side Dip? Did test middle Bollinger Band, bounced... Now if holds , should test the top side of range at $46.5K... ONLY AND ONLY IF, IF BTC can break the flag north
It's the DOW, looks a lot like Bitcoin... Why, don't people know the difference?
See my previous Idea for the beginning of this thought process... If BTC would Double Pi Cycle Top this time it would probably be a longer time between tops BTC dropped 50% in 14 bars/weeks so far this time... Top to Top was 35 weeks in 2013-14 and 4.5X This time I gave it 55 weeks , not quite double and a 4X to $260K the chart is in log Scale so boxes mark a Log...
Looks similar to this cycle. will compare in next post. Took 35 weeks top to top 4.5X Pi Cycle top to top, would be 275K this time... Dropped 70% from first Pi Cycle top to next low Low between tops took 13 weeks from first top. now I'll post a second post in a minute to compare the two, so follow this
Everything took a dip with BTC, but look at Phantasma's recovery!! Chart says it all, Gaming platform, also look into UFO gaming,
Cwar a new PTE crypto game is now back at the IDO price but turning up, this one will be big, DYOR and see if it meets your ownbtrading needs, one thing I can say for sure is crypto games and their platforms, NFTs, will survive the bear market, some people are making a living playing these games Almost 3x off ATH
I can kick myself for buying a a chunk of Phantasma in 2018, and selling because it never moved and a bear market, look at it now,Research this one. Don't pick a Game, pick the Gaming Platform
Busy chart , I know, but... Daily was cradled by the 21EMA Next resistance 1718. If closes Daily Above red dashed line, would be a higher high and trend reversal Watch out for BTC gap down on CME, Market could pull back early this week, and could see a small rejection by ELON at the 61. 8 on first pass. Go to 2Dayband look at blue line resistances heading north....
Same chart but extension of trend lines, crazy where they touch. Higher highs, higher lows in 4 hr and Daily to come?
Do t like it going down but others are asking where to buy, use the red fib and look at golden. Pocket 61.8 area approx 1300, hopefully no lower but save some funds just in case and DCA
Still have some resistance in blue lines, next at 1800ish, measured moved above 2000! From 2 different patterns
Merry X-Mas Same chart, but added a bearish pull back red fib retracement. Notice the golden Pocket -61.8 to 65 lines up to the Daily 21EMA, So watch for that, or breaking the northern Blue Resistance lines and targets are marked and a Bullish black fib extension... Look for 1.618, 2.4 , 2.78 in the future... Patience, and buys if goes lower
Even with a Holiday, DogElonMars ELON, has closed another Daily Candle above the top Bollinger Band, the 2Day did NOT! So... Wait and see what Christmas Day Brings, the Boll Band will rise again, and if price action stays where it is now at 1650 or so, then the next Daily close will be Below the top Boll Band. When closing above, it means continued upward...
Follow up On the 2 day, closes tonight.. if a close above 1826, the top Bollinger Band, would be the next stage of the journey to Mars! Buy a bit and HODL till mid Feb- March, you'll that k me later
MacD, and RSI just turning up again on the 2 day chart, Falling wedge target is 2050 ish... Once back in top 100 then news will be out, more plugs then too.... Buy and hold, new ATH in 2022! If you banked on Shiba and Doge, get ready for the new kid, ELON to Mars!