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The Stochastics hasn't bottomed out yet on BTC Monthly: Why ?: ========= Because when the Stochastic bottoms out we see the green indicator line cross over the red indicator line indicating movement back upwards. An example of this is marked on the Stochastic at Points "A" and "B" The Current stochastic at point "C" shows BTC is only just breaking the...

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Going by the "head and shoulders " and the "Adam and EVE" patterns discussed earlier in the chart below ; Id expect a bounce area to be between 18782 and 17390

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BTC - Bearish Engulfing close on 4 day candle indicating potential downside move. However the EM300 sits at 19500 and can act as support . if 19500 fails to hold and BTC closes below this level then movement lower to the 17/18k area can be expected

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A look at the head and shoulders setup below shows BTC is still at the same spot and has now formed an Adam and EVE. The Adam and EVE setup can play out as a double top so a close below 19789 is concerning as the target will be 18465. So whats the...

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This looks a bit too much like a bearish head and shoulders for my liking. Especially given the MA200 rejection on the right shoulder (The Blue line) The calculated moved down if this plays out is to approx 18465

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Currently BTC has fallen below the weekly MA200. This is the blue line on the graph if we look back to 2014 and 2018 on the weekly graphs it shows that when BTC was able to move back above the weekly MA200 it moved up a minimum of 25% from this location. What does this mean ? --------------------------------------- This means if BTC is able to close the...

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This current level is an important area for ETH as below this level there is no support till 750 . Looking at the Volume profile shows there's only fresh air between 888 and 750 . Which means there is no support in that area . ETH will have to consider a temporary bounce around the current 926 area to avoid heading lower to the 750 zone.

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A look at the Volume profile shows BTC has finally hit the first real area with any decent support . This area is the 19 to 18k area shown on the volume profile to the left of the graph if this area fails to hold them the next area down is 15k followed by even weaker support at 13k. If BTC fails to bounce at 15k then id expect it to move down to the 12k...

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Something interesting is BTC has been moving in an upwards moving channel since 2017. The current bottom of the upwards moving channel is at around the 13k area. why is this interesting ? ===================== Because if we switch to the monthly the MA100 lines up with the bottom of the channel at 13k Which is a bit of a coincidence if you ask me...

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If we slap on the volume profile it shows the current location is a "fresh air zone" or no support zone. The first area of support is shown as the 19200 area. Hence my thought is BTC may move down to this 19200 zone at the minimum.

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This looks like a failed Bullish breakaway setup which should have moved up after the 4th or 5th candle down but appears to be experiencing technical challenges . Normally if the Bullish breakaway is going to succeed it will do so by the 4th or 5th candle down. In this case the move up should be to the 24585 area; However its been 5 candles down and...

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BTC Capitulation must be incomplete. Because Capitulation is usually a very large bar down with lots of accompanying volume . Also in the past, capitulation bars down have traveled an average of 33% down; However in this case the current bar has only traveled 19% down. Plus in this situation we dont see the large capitulation bar or the large...

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BTC Monthly look like a Double top to me . The target would be the solid yellow line at the bottom .

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ETH Monthly - This looks like a Head and Shoulders with a minimum Target of 1126 . This area is also where the MA50 ( yellow line ) is on the monthly chart .

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Looks like a failed Bullish Breakaway Setup to me . Why ? ========= Because In a Bullish Breakaway setup during the move up the bullish green candle must close inside the body of the first candle of the move down. In this case a successful move up would have seen a close at the 37k / 38K area, but instead BTC has been rejected at the 32k area. Whats...

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BTC : CME could be moving price up to fill the Gap at 35200 and then reverse price back down

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The Bullish Breakaway is a 5 or more pattern setup . It usually begins up with a large bearish candle down followed by 3 or more smaller bearish candles down. A clue is the candles will begin to get smaller as they move lower and the volume also drops. This behavior is then followed on the 5th or 6th candle by a large Bullish candle up which attempts to...

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This is the BTC monthly graph. The green line is the MA20 and the yellow line is the MA50 . On the Bottom is the stochastic . If we remove the MA20 and MA50 add just add the MA13 we get the following graph now if we combine the MA13 and the MA50 we get the following graph . What is important to note on...