The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band. Bitcoins entire history has been on the upper band of this log and in...
A few weeks back I made a chart on Litecoin named "Litecoin and it's historical patterns" linked in this chart down bellow. This is literally the same exact chart but I've added the "LTC Log Curves based on Fibonacci math sequence. Look at how good it's fit on the original analysis! On the bottom I have the "Litecoin Wizard" I'm not entirely sure what this is...
Hello Fellow traders and investors, Today I have an altcoin that I believe will be one of the best performers in this bull run. I want to say this is not financial advice., but the evidence is overwhelming for me at least. I do believe it will be a lot more clear and decisive later this year. Lets look at the chart, it's on the five day. 1 down trend has been...
The short answer is... Now, this year into early next year. Although I would expect a lot of similarities this market cycle, I would also expect some differences. So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So,...
This could be a leading indicator for what is to come. Let's keep an eye on it. We do have a bearish divergence on the monthly RSI. It also is happening on the weekly as well. It is to early to tell what direction it will go. We should expect a strong bounce from here and see where it goes. Best regards.
Shipping can be used a leading indicator to gauge where the market as a whole is going. Just like the XHB the home building chart, I don't trade this. I only use it a guide to get a into the drivers of the market. If shipping is up, then the markets will follow, is building up, so too will the market. As we can see, shipping made a low last year in September and...
The time to build mountains in the landscape has come again. Looks like clear skies could be ahead for the next few months into the summer. This is not meant to be financial advice. The work has already been done. When climbing mountains... First look, then leap Also marked is the finish line (top) and start line (bottom) On the bottom is (Steve's NVT/HV...
The 2023 bear trap AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval. Above that we have the bear trap zone and the fomo zone A break and hold...
Bitcoin is still clearly in the bear market and won't make it's initial big push out for 6 months most likely. This should be good news to you if you are stacker. The bears have a strong hold over price action, but as we can see on the RSI, the hold is weakening with bullish divergence forming in this underling indicator that simply determines "relative...
XHV recently had a break out back into it's down trend and has now back tested the break out on the price action and the RSI simultaneously. XHV broke out and met the Gaussian channel as resistance. Holding this line and breaking through the gaussian channel is what we will be looking for next. The RSI in this moment should break through the 50 to confirm. The...
Bitcoin is now out of a bear market and is in it's initial phase of the bull market. That's not what the news is saying. The news says the worst is yet to come, I don't agree. Let's have a look. First, the green and red zone is Gaussian Channel. It turns red in bear markets and green in bull markets. Once it turns green it stays green for the entire bull...
Hi Investors/traders Today I'm looking at the 2 week chart of BTC on a line chart. We are comparing the bear markets with a bull flag out look. Although they are NOT technical bull flags they bare some similarities with the support and resistance areas along with false breakouts. We will go over false break outs and they usually mean and result in. There are...
This is a monthly chart of the BLX and I think it might be possible we will be this type of bear market, Long and grueling for most but the opportunity of a lifetime for others. I'm fairly certain our bottom has been hit and we'll go sideways for most of this year. Lets see what happens. None of this is financial advice.
The fed and Powell have tried everything to dismiss inflation . First ignoring it then saying transitory then changing the perimeters as to how it's calculated. Even Sleepy Joe then chimed in at one point by saying hotdogs are actually cheaper for your red white and blue lies. How about awards... Let's give Ben Bernanke the noble economics prize during this all...
XRP and the Army. XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin. When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior...
So, I have this theory... Alternating Altcoin cycles. Coins that might fit the requirement. XRP LITECOIN DIGIBYTE DASH BCH XMR
Aave looks like it's building momentum that could break out of the bull flag/pennant. A break out of this formation could lead to $175 move in fairly short deration. The technical trade is the break out and a hold of the break out. If it were to fall back in the zone it is considered a fake out. Either way you cut it, AAVE is good price here for long term...
Hi fellow cryptopians and crypto enthusiasts. I am going to make a fairly bold claim here today. First off we have a bitcoin hash ribbon buy signal quickly approaching us (within two weeks) which could pump us to 50k. If this does happen it should be followed by a correction that gets boring for 4 to 5 months and should spark the new bull run by march 2023 the...