Stugazi

Stugazi

Drawing from the 20k high in 2017 to the 3K low we see the price hit the important fibonacci levels.

Stugazi

Using the last high as a fib anchor to the low we have a few data points to consider. A long period of time with price around the .236 area. If this is validation then targets till end of year for a bull move are in white. Also, this move is currently at 50% retracement just under $300. The recent pump was just a test of pattern. However, I will not be...

Stugazi

Using these fibs BSV retraced exactly at the overbought 4.618 level of this move. Price has found support at 2.618 around $280. Breaking this level brings in fibs 1.618 and 1.0 which are $208 and $155 respectively. The previous ATH at ~$250 should also offer support. Typically in a fast run like this price will bounce between the major fibs during consolidation...

Stugazi

SP500 needs to hold 280 or it will revisit 240 this summer. Sell in May and go away.

Stugazi Updated 

BCH may moon hard as BTC falters. Bringing BABBSV ratio to the target area before correcting.

Stugazi Updated 

targets in white

Stugazi

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Stugazi

Here you go. 1H with 50MA

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60 Min chart with 50MA

Stugazi

Using Poloniex futures symbols to gauge market sentiment of upcoming BCH fork. using a very low timeframe (15 min) as this will fast moving and only relevant for a week.

Stugazi

Bitfinex BTC price vs two other exchanges

Stugazi

Many TA traders are sticking to the Supermoon theory using log charts and trends. One such chart is from the very popular masterluc presented here: At this time, I disagree this is possible for BTC. As price advances the impact $1,000 makes on the chart lessens. Law of diminishing returns. Mass adoption would be the key to moving BTC when it's priced over 10k...

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If BTC breaks down again here are levels I'll watch for support.

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Drew the Mayer Multiple on TradingView. I won't post a link to URL because I think that's against TV rules but you can google for it. It's basically the price / 200DMA to get an idea of price relative to price history to identify buy/sell opportunities.

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Maybe a blow off top around 300. Watch the red trend line.

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Break $7400 fib and BTC possibly revisits middle of this PF at $6400. Can BTC break up and out of this PF?

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Another revision

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Very early EW possibility.