Sanders_Crypto

Sanders_Crypto

BTC has always initiated a bear market after a weekly close below the weekly 100 MA. It generally corrects to the weekly 200 MA following initiation of a bear market, although in March 2020, due to a black swan event, it wicked to the weekly 300 MA. For confirmation of a bear market, BTC would need to close a weekly candle below the 100 Weekly MA(currently at...

Sanders_Crypto

BTC Ascending triangle with target at 95k, aligning perfectly with the 1.168 Fib level

Sanders_Crypto

If Bitcoin tests the top of the log channel, its top would be 350k(and growing the later it tops). If it tops out at the 4.764 Fib level, it would top out at a more modest 200k. I favor the latter as 350k seems far-fetched

Sanders_Crypto

High: $25 Mid-range: $15 Low: $10 Top indicators: RSI and RVI reaching 90-95 levels.

Sanders_Crypto

In 2017 $ETC topped out at the 2.272 level. Following 2017 we would top out at $362 and it would be confirmed when the RSI makes a lower high on the weekly

Sanders_Crypto

In 2017, ETH topped out at the 4.236 Fib level and made bearish divergences on the weekly. Following 2017 would put ETH at a top of 13k and it would be confirmed after a lower high on the weekly RSI

Sanders_Crypto

2 Week RVI and RSI are pretty good indicators for when BTC will top

Sanders_Crypto Updated 

Sell at red box, buy at green box. It's that simple

Sanders_Crypto

Based on previous trends, I think we'll see ETH top out at around $13k in January 2022 and see our bear market floor at ~$2300 in December 2022

Sanders_Crypto

ETC has followed a similar pattern in 2017 and 2021 so far, with a double top, a bottom, then a consolidation before a large move. If it plays out the same, we can expect a move up to around $204 after the consolidation