This is an idea I have been working on for a while. Decided it was the right time to share. This scenario is ONLY valid if the price holds 11300.
Dates & Price Levels plotted using the "Waves & Particle" Trading System.
More info here: www.theikagisystem.com
Cycles and levels expected for Q2-Q3 in 2020 for Bitcoin
- July (Top)
- August (Bottom)
- October (Possible Bullish Cycle Start/Reversal).
Range from $5,400 to $9K~$10K.
www.theikagisystem.com - W&P Trading System.
Daily Gann Box for those who want to follow the trend along! Keep an eye on the horizontals and the diagonals.
The STOCH is a modified one (5,3,3 - Only K) Used specifically to spot Divergences in the price action.
Analysis of the possible end for the bear trend with dates based on W. D. Gann and mathematical fractals (Not to be confused with "price action" fractals).
- The bearish pennant currently is an unconfirmed pattern, looking for the second touch at the resistance level to determine the extension of the "bearish pennant" idea and its confirmation, if...
Deep analysis on Bitcoin cycles with projected dates, following the mathematical patterns that rule the universe and everything around us. No price prediction here, just dates to pay attention to. Based on my findings, we should have an long period that will extend Bitcoin accumulation at least until November 25th, 2019.
Roadmap for Bitcoin for next couple years, with the most important dates and Gann angles.
P.S. This is not a "predictive" chart. Look at it as a roadmap for future reference of the key levels in time and price where Bitcoin will be most likely to react or pivot.