djahma

djahma

Alright, so the ultimate target is 125000€, but before that, BTC has a challenge to overcome. We're in the final wave of a cycle started in 2011 (I know, this Kraken data goes back to 2013, check Bitstamp) and there still is room to rise. However, this summer should see a chaotic time with a drop from an expected top at 66700€ down to a first support at...

djahma

## BTC is currently in a wave 5 of (3) of ...meaning: it's got room to rise in the mid term. (see my weekly chart) - But for this daily chart, most indicators scream "I'm tired": 1. Look at this volume trending lower with the trend 2. Look at this momentum not taking off (I dont care whether you look at PriceRateOfChange, RSI or MACD...they all convey the...

djahma

Following on the weekly analysis, Here we zoom in Cycle wave c to chase the impulses to the downside. We are into an incomplete Primary wave 3 which completed its subwave 3 back in March, and now we wait for its subwave 5 to unfold. Because the bounce off 21€ occurred in a three waves move, subwave 4 may have completed on the 2nd of April. This being...

djahma

The good thing about viruses, is that they cause something to happen in the TOTAL share price, at last. 8 years in the waiting! (ok, not everyone likes cynical dark humour, apologies to those older than 65yo) So looking back to 2007 top, short of 64€, the chart has been one overlap after another and good luck to any analyst to find confidence in his analysis. Dow...

djahma

March saw a massive bitcoin trough with a surge in volume, just like C wave's frantic markets enjoy them. That's 'dong'ed the end of past year's bearish market. So let's try anticipate what this new upmove is all about. Casting our thoughts one degree up, the two scenarii are: - One B wave up, subdividing into a corrective a-b-c, as drawn here cause that's our...