UnknownUnicorn2190767

UnknownUnicorn2190767 Updated 

Blowoff top price action, giant triangle consolidation, identical to Dec 2017 (see commented chart below). I think we all know how this ends.

UnknownUnicorn2190767

BTC is currently pushing into heavy resistance. Reviewing the price action from the deep bear market of 2015 you can see price rose to meet the earlier 2013/2014 support levels before again capitulating to form a second low which kicked off the long bull cycle through 2017. Expect similar action here as price spent nearly a year at $6K and the level up through...

UnknownUnicorn2190767

So if you look at my previous 2014 analysis you'll see that the 2014 fractal was invalidated by the continual support at $6K . Eventually even the biggest of bears like myself have to recognize when there is a trend reversal in play and now is one of those times. There has been no capitulation, but if you look at alts, where much of the new money ended up, those...

UnknownUnicorn2190767 Updated 

This is a log, long term view of my 2014 fractal analysis which you can find here. As you can from that chart, we are replaying the 2014 crash ALMOST PERFECTLY based on fib retracements. It's quite stunning really. The only difference is that the crash is happening THREE TIMES FASTER. I've expanded my analysis to look at what a potential capitulation could...

UnknownUnicorn2190767

We've pierced the July-Sept trendline three times and are now barely above it as support. See my other charts for downside targets, but trust me, if we fall below again and confirm as resistance, there could very well be vicious selling that takes us well below the feb 6 low of $5900.

UnknownUnicorn2190767 Updated 

If we cannot close a daily candle above the 200 EMA or the equally reactive 200 SMA, we will have a dramatic crash back to the long term trend line from July and September. These are critical levels of support now acting as resistance as you can see from the perfect wick off the 200 EMA. As I have indicated in my previous analysis, the last time we double...

UnknownUnicorn2190767 Updated 

Notice how the Feb 6 overshot the supporting trend line by 25%. We are likely to do the same here with the July-Sept trend support based on the selling momentum we are seeing right now. Two possible overshoot targets. #1 @ $5,800 to match the low from Feb 6th or a worst case scenario where we reach for support at the 2017 long term trend line somewhere between...

UnknownUnicorn2190767 Updated 

Check this out. We appear to be following the exact same fib retracement fractal that we took from $20K to $6K. It's actually kind of crazy. After the failed breakout at $11,700K, we have bounced just nearly off the exact same fib levels as the dec 2017 rally and retracement through Feb 6. Pretty damn crazy if you ask me. If we complete the fib retracement...

UnknownUnicorn2190767

Big double top pattern being played out in small scale RIGHT NOW! Probabaly meaningless but kinda cool. The larger fractals and chart trends in my other ideas are way more important and suggest downward price action. I'm just always blown away by how human behaviour creates repeating price patterns.

UnknownUnicorn2190767 Updated 

So here's another interesting fib fractal to follow on with my visionary, absolutely genius fractal that I posted earlier. Check out the chart above. And then check out the 2014 chart below. You can see that, while not perfect, the July-Dec rally is roughly following the fib retracements of the 2013 rally/2014 crash, with some very similar chart patterns mixed...

UnknownUnicorn2190767

So you've seen my genius ideas showing you confirmed 200 SMA resistance on the daily , and my massive, totally visionary fib fractal which is playing out perfectly so far. Check this out. We have decent bearish divergence on the 4hr MACD and we're in a nice perfectly forming bear flag. What does that mean? High likelihood of further price drops. I believe...

UnknownUnicorn2190767 Updated 

BTC has confirmed the 200 SMA as resistance for the first time since 2014. This is a massive development. Price bounced PERFECTLY off the 200 SMA confirming it perfectly. See the circled areas. This is the single biggest indicator of where this market is heading - down. It would be hard to find a more obvious bearish sell signal. Like in 2014 and 2015, there...

UnknownUnicorn2190767

The last time this occured was in spring 2014. This is not a good sign.

UnknownUnicorn2190767

See my earlier post on fractal symmetry. This just keeps repeating over and over.

UnknownUnicorn2190767

Using Price Volume Trend to spot volume/price divergences is a powerful tool see an impending reversal of trend. As you can see, PVT predicted perfectly the drop from $11,700 and continues to confirm the downward price action around $8,200. Refer back to my early bear flag breakdown prediction to see where the charts are suggesting price could reach. The sideways...

UnknownUnicorn2190767

Price volume trend adjusts the price of a security based on the volume that was required to move the price. As you can see, upwards volume has almost completely disappeared, and the volume adjusted price is dramatically below where the current price is relative to the last time we were testing this range. This is major divergence that suggests selling volume has...

UnknownUnicorn2190767 Updated 

If BTC fails to break above the largeish bear flag it is establishing right now, it could crash to touch the July-September low trend line which it bounced off of in February. The setup right now has striking similarities to the fall at the beginning of February which makes me think we are headed lower. The feb 2 bounce was protracted and had decent volume just as...

UnknownUnicorn2190767

If you haven't already noticed, there is heavy price manipulation occuring right now because of the very low trading volumes we are seeing currently. Whales are placing market buys to pump the market at will. Prior to the major moves, they are opening long positions before moving the market through large, multi-hundred BTC orders. As shorts or longs expand, these...