As usual, push of the pattern XX8ish to X(X+1)2ish This time 138ish to -> 152ish. Will probably happens like the last one : -few support wall -few volume (~15/25k) -very fast, only one 4h candle for the entire push
Uptrend Observation : The first push (elliot wave cyan 2) have a raise of ~12% The second push (elliot wave cyan 4) have a raise of ~16% if we take into account the following uptrend to touch 125. The current push (elliot wave green 2) have a raise of ~13% -------- Extreme bullish idea (blue elliot wave) -------- This idea is based on exponential uptrend, it's...
Many people are expecting a imminent fall for severals days (weeks ? months ?). I don't believe in this theory but to be objective I did a chart using Ichimoku to see how this fall could be shaped to fit the current clouds. note that it could differ a lot :) To start this theory, the price need to collapse throught the 2h cloud and the 4h clouds (very big...
This chart shows the settings that I use with Ichimoku and bitcoin. It's based on the settings (10, 30, 60, 30). Originaly Ichimoku settings are (9, 26, 52, 26) based on this statement : "As a result, the number nine represents a week and a half of trading; 26 equals the number of trading days in a typical month (30 minus four Sundays); and 52 equals two months...
UPDATE (23/08) -> Access to the updated chart of this idea : www.tradingview.com ( the image format : ) Short description : (1) start of the push (2) touch of 123 (red ring) (3) fast drop+stabilisation at 117-119 (4) BIG push to 133-137 (5) fast drop+stabilisation at 126-129 Big's Strategie : As predicted in my last idea, we faced (again) to a massive push...
The next part in the BIG's strategies is obviously to maintain us above the 40h cloud (yellow) in order to continue to going through the 2D cloud (orange). As we can see, even with a lot of big walls there is still a huge peak down righ after a push and a "weak" (low) stabilization. It make sense that BIG won't do the same mistakes, he probably won't put big...
I noticed that since the 22 july, there is always big buy made to push the price on the top of all the cloud. The only noticeable volume is to buy. I suspect a very very big whale to try to push the price on the top of all cloud to start a really massive bubble. If what i think is right, the whale already bought about 100k btc and is not running out of ammoney...
The pression (yellow arrows) from the 48h cloud is decreasing since the dump, wich make me believe on the blue scenario (blue arrows). Need to be confirmed on the 14 august. Expected : buy in at : 102.5/103. (12 august) sell off at 107/108 (17 august) or later if the uptrend is confirmed.
The pression (yellow arrows) from the 48h cloud is decreasing since the dump, wich make me believe on the blue scenario (blue arrows). Need to be confirmed on the 14 august. Expected : buy in at : 102.5/103. (12 august) sell off at 107/108 (17 august) or later if the uptrend is confirmed.