12hr. Also works zoomed in on all lower TF's and HTF's. Shows a lead up in a bullish market structure into what could possibly be a flag, pennant formation. If this is the case, it would be ready to break in the same direction as the lead up and be bullish. This is not for certain although I thought it relevant to post as I had firstly spotted it on the 1hr chart...
Update... TD calling for correction since yesterday pn 1/2/4HR Also cup and handle formed, if we drop more we could test lower 9Ks or 8800s again.
This one is from the 2 hour, I makes the smaller drawings on the chart alot more visible. I do expect a drop in the coming days/weeks, possibly over the weekend although I am unsure of where exactly we are going from here onward as many outside factors are now in play which makes this alot more difficult. I have seen alot of shake-outs with REKT longs and short...
Just an update with the 4 hour time frame including some patterns unable to see on the previous daily.
Update. Changed chart to make it look better lol. Show some rustic S/R lines dating back a while that BTC seem to have been respecting. Long term resistance yellow line and long term support. The white dotted lines are the lengthier S/R lines I was able to draw on my chart for as far back as my chart data takes me. I will post LTF's to make the levels and...
MEGA DUMP! Touched both the long yellow support and my previous chart lines (blue) THIS IS NOT OVER! I think there will be another dump possibly again to the lower 8Ks or even further, I do think this was a taster of whats to come, gut feeling this is not over! BE CAREFUL
Another update. Thinking back to previous charts I have posted and looking like the long term resistance has been broken...BUT... is this pre-Halving hype taking over or are we in for a correction sooner rather than later? RSI looking oversold, MACD converging on itself and a long way from zero on the histogram the looks to be turning bearish. The long yellow...
The daily for BTC again looking very bullish short term, IMO this is pre Halving hype and we will be in for a correction. I had previous targets for both up and downside and I still stand by those targets. This bull flag is obvious as this week is pre Halving week so a pump to test around the 10K levels would be very possible, 10.2 also very possible. The...
On this chart I have looked at some EMA's and MA's and also the VPVR point of control on the daily for BTC. The lighter blue represents the 30EMA, yellow 21EMA, green 55EMA which we have seemed to all pass. The purple is the 200MA and deep blue 30MA. We have clearly passed and continue to pass the 30MA and are very close to the 200MA. The volume is steady though...
White lines are basically drawn S/R lines from June 2019. Blue/Yellow are larger and smaller flag formations we are currently still in or have broken out of so far. I can't really explain the chart as I have just drawn it but looks OK to me. I still think we are in a bearish formation although it does look very bullish on most other charts. I think this is...
On the 6hr BTC chart, I can see Stochs are over bought territory and again the RSI is beyond neutral although not in oversold as of yet. The cloud is showing we are above (which are my custom settings) but it is indicating a bullish cloud below current price. I do think this will pullback, and after looking at the 12 hour chart I can clearly see we will be...
This attempted fib levels show the 7th March top prive on the 6 hourly, lines up with the 0 level on the fib retracement* tool, and furthermore the pump price which happened on23rd April at approx. 18:00 UTC.
This shows volume still on the decline, although the pump today has shown a dramatic increase in volume.
A very rustic chart showing the bear flag we have been in since the huge dump and until today, we have been struggling to break out of. This could very well be the break above we all hoped for, although I would wait at least another week of breaking this flag pattern before I change my personal bias. I do think this could be a possible fake-out but we will see...
Some historical examples of double tops leading to dumps and double bottoms leading to dumps. **Chart only goes back one year and is very compact, without recent price movement included** Will do a more detailed chart as best I can and publish also, although my recent targets have been invalidated, I still stand by my predictions given the current economic...
The larger bear flag, could be drawn more accurately but i'm doing this very basically to show, the breakout above does not seem likely. For the next few weeks or months, I can see targets of $7300s tops hit, and ranging downward between $6600s - $5800s with the current eco crisis going on. AS I STATED, MORE OF THESE CHARTED PATTERNS AND DESCRIPTIONS CAN BE SEEN...
Compressed chart again, with VPVR ranges, you can identify the key trading volume ranges from this. I do not have enough data on my charts to go back further but heavy trading vol is clearly seen and I've marked them of, (or close enough) **My own price predictions are... To the upside, we need to break $7200s level wit decent volume and for long enough to...