Juvssss

Juvssss

Hi everyone, Thank you for considering reading my idea. Predicting where Bitcoin is tough but what we can do instead is try to listen to indicators that marked the top of Bitcoin for the past 3 tops: 2013 at $1100, 2017 at $19,000 and 2021 at $68,000. In this thread, I am just sharing you the monthly RSI where it reach at least 90. Each tops has their unique...

Juvssss

Hi everyone, Thank you for considering reading my idea. After a failed breakout at 20 month moving average (green line), it's more likely that we will continue the down trend. Target of H&S pattern is at $19.7K. It is also near 0.786 level of fibonacci retracement. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA....

Juvssss

Hi everyone, Thank you for considering reading my idea. LEGEND 1. Orange - 20 Month Moving Average 2. Highlighted in red are times when Bitcoin broke BELOW the moving average 3. Highlighted in green are times when Bitcoin broke ABOVE the moving average So far, it looks like Bitcoin is getting rejected by the 20 month moving average. This may be the first time...

Juvssss

Hi everyone, Thank you for considering reading my idea. TLDR: - GOAL : Bounce off the 20 week moving average currently at $19.1K (may increase over the next few weeks). This will also form a higher low. - INVALIDATION : Break below 20 week moving average. 4 weeks ago, Bitcoin has finally broken above the 20 week moving average for a year. Bitcoin has also...

Juvssss

Hi everyone, Thank you for considering reading my idea. I'm expecting a little bounce to $19.8K - $19.9K and possible get rejected from there. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvar

Juvssss

Hi everyone, Thank you for considering reading my idea. Bearish flag/wedge with a target of $16.5K. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvar

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. In this pattern, we are seeing the 20 week moving average in red, and the 200 week moving average in green. We can see back in 2015 and 2019, they ALMOST formed a death cross and Bitcoin price has been mostly above the 200 week moving average. Our current scenario, in the next few weeks, we may see a...

Juvssss

Hi everyone, Thank you for considering reading my idea. On my last idea, I mentioned that we could be forming a higher high but it only went as high as $25.2K (1.272 level of fib retracement or 0.5 level of a bigger fib retracement) I also mentioned it could be an ascending channel which is a bearish pattern. Target of this pattern is at $19K which would form...

Juvssss

Hi everyone, Thank you for considering reading my idea. With the current pattern, Bitcoin has been forming higher lows and now, another possible higher high. My targets are these levels of the pink Fibonacci Retracement: 1.272 - $25.2K 1.414 - $25.7K 1.618 - $26.5K $26.5K is also the 0.618 level of the purple Fibonacci Retracement. It's also possible in the...

Juvssss

Hi everyone, Thank you for considering reading my idea. I've been tracking this bear flag since July 9, 2022. We recently went above the pattern and we're now inside it. Technical Target around $13.5K which is also the 1.618 level of a Fib Retracement. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvs

Juvssss

Hi everyone, Thank you for considering reading my idea. We are trying to break the 200 week moving average (yellow line) but now we are below it. I am looking at S1 @ $21K and S2 @ $20.2K as support to make a higher low then make a new higher high. Breaking S2, I would consider going back to previous lows at $17K or maybe dump even more to $16K If we break R1...

Juvssss Updated 

Hi everyone, I originally uploaded this idea 1 week ago, February 10, but then I got banned for breaking a house rule. :( But here it is again! Thank you for considering reading my idea. Please note that this is just my opinion, and I'm not saying that this is going to happen. If you have read my previous idea about Bitcoin's pattern, I recommend for you to...

Juvssss

Hi everyone, Thank you for considering reading my idea. I plotted the price action when the RSI (white line) is above the RSI Moving Average (yellow line). When it's above, I added green boxes, else red boxes. This week, we are above the RSI-MA. We still have 3d 13h before the weekly close (as of this posting). Hold your horses! Just because we are breaking...

Juvssss

Hi everyone, Thank you for considering reading my idea. Using the Gaussian Channel indicator on the weekly timeframe, we saw back in 2014 and 2018 when the channel turned red, Bitcoin does its capitulation move or a crash down to the 200 Week Moving Average (green line) Currently, we are not seeing it, at least not yet. I estimate the Gaussian line's angle to...

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. An ascending triangle which is a bullish pattern that has a higher probability of breaking to the upside with a target of $57K. However, a low probability to the downside has a target of at least $33K, depending on where the break down will happen. A breakdown somewhere in March can have a target as low as...

Juvssss

Hi everyone, Thank you for considering reading my idea. Next week may be the death cross of the 20 week and 50 week moving averages. Historically in 2014, it took 22 weeks for Bitcoin to touch the 200 week moving average while in 2018 it took 23 weeks. This 2022, we can "predict" it may take 22-24 weeks (Aug 15-29, 2022) 22 weeks is the least amount of time...

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. This is a follow-up pattern and update to the Bear Market Pattern I published last month (read related ideas below). After the cyan circle, Bitcoin tend to have some relief rallies. On 2014, it somehow hovered above the white line before going down. On 2018, it did retest the white line and the 20W...

Juvssss Updated 

Hi everyone, Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA . TAYOR. DYOR. Cheers, Juvs