Galice

Galice Updated 

A bull market kicked off in 1974 after a lower low was formed from the 1970 local bottom and the 300-month SMA was tested. Subsequent tests of the 200-month SMA occurred in following years, followed by a parabolic breakout and volatile re-tests of the 50-month SMA, including a ~36% unexpected drop in 1987 (Black Friday) and a 20% decline 2-3 years later in 1990. ...

Galice Updated 

A 20-year bull market was kicked off in the late 1970s, and reacted to several key Fib extensions. A repeat of this bull market price action, kicked off in 2009, would top us out around a 20,000 SPX around 2030. However, there would be several reactions along the way to the preceding historical bullrun, interestingly occurring at several of the key Fib...

Galice

Bullish Butterfly forming.... longterm bullish, but short term downward pressure...

Galice Updated 

20k retest on deck within a month as DXY rallies? Bullish butterfly but it requires a lower low to be made at point D. Short term bearish, long term bullish.

Galice

Bearish butterfly forming. Price levels align with critical Fibonacci retracement levels. Since momentum/RSI is dwindling in the bearish favor for the first time in weeks, will this finally play out successfully?

Galice

Another short-term bullish butterfly has been printed on XRP/USD. Last time, this clearly sent us to the upper bound of the downward sloping channel trend line along the blue arrow. I suspect this will repeat with the new blue arrow. XRP will then either re-test resistance/fib at 0.44 or fall to the long-term support (orange line). Whether which happens likely...

Galice Updated 

Hypothetical predictions merely to document for myself. I see a double top cycle playing out (Bull->Bear->Bull). As $DXY rallies during the first half of 2021, BTC may see a collapse down to the 200 weekly SMA (red, then extended in pink). This would bring us into a short bear market similar to 2013. Using Stock to Flow (S2F) models, we would also find...

Galice

Appears to be a bearish butterfly forming on the daily. Bulls getting tired.

Galice

A textbook bearish butterfly is forming on the BTC/USD weekly - pullback is expected. The 20 SMA (orange) and 21 EMA (purple) are rising towards the 1.618 fib level and historically act as support for a BTC bull market. I suspect there will be some price action towards this point in the coming months. BTC will need to find support there for the current bull...

Galice

XABCD Bullish Butterfly has very closely formed on the hourly. Short term bullish momentum if it continues to play out.

Galice Updated 

historically, XRP has found the 21 day EMA (purple) in a bull market as support. it has not yet disrespected the rising bottom support line (purple sloping). if history is indication, now is a suitable time to buy if holding, and the yellow region is an accumulation zone if reached.

Galice

please god no

Galice

spy 3-31-20