rlh86

rlh86

If it closes below this trendline on the weekly...We will be in a drought for a long time. If not, if the stimulus from FED works and Corona does not last months. We will shoot up to top of trendline and perhaps beyond. Corona is the Black Swan. If that Balck Swan Dies. The Black Swan that is #Bitcoin will thrive!

rlh86 Updated 

Key indicators used like momentum strategy, RSI, and Fib you can see that #BTC is headed into a bull run that will lead us to $12K by the May/June 2020. Momentum Strategy is a very unused and underestimated indicator that will lead you to understand the power of long term trend analysis. Please see previous charts tat use this powerful indicator! Any/All...

rlh86

Ok. So there are some bears out there saying that "yes it broke out of a multi month downtrend bull flag, but it still hasn't surpassed key resistance levels. Both statements are true. And because of that we could potentially range for some time. I do NOT think that is going to be the case but it is a possibility. Therefore, you must be mentally prepared for...

rlh86

The indicators on this chart are screaing buy, buy, buy! Look at the Momentum Strategy Indicators success rate on day to day trades. It is almost dead on with and in unison with the standard deviation channel. If followed, I believe this indicator will take us to approx $10k by the halving and $12-$14K by June-July. PLease see previous MACO charts whihc show...

rlh86

Please see associated charts for additional information on why I think this macro trend and TA will prove valuable for long term investors. This TA and trend analysis can also be helpful to those who set clear ROE and R&R metrics for short term trades as well. Perhaps I will cover what those are in subsequent chart analysis. As always, thank you for your time...

rlh86

This is a follow up chart to my original posted on 1/9/2020. The chart indicators and timeline with S2F and the Halving in mind should speak for itself as to where the marco trend is going as well as my realistic pricing targets for #bitcoin over the next two years.

rlh86

Here is another chart with my marco indicator for the S&P 500 which shows tremendous upside potential and helps steer clear of selling or buying over extensions beyond standard deviation. Please also check out the indicator for both the Dow Jones Industrial Average & Bitcoin charts.

rlh86

This indicator is key for any macro investor in equities or crypto. Please also see pinned chart for macro #BTC chart over the past several years.

rlh86

All of these indicators combined paint a very plain picture of price action over the last 4 years. It shows that BTC is currently within the bottom channel single dev range, testing mid-line on BBands trying to move into upper channel, trying to break through key volume range with RSI close to absolute lows on weekly chart. This is NOT financial advice. ...

rlh86

If you would have followed this momentum strategy 90 indicator that has ONLY SHOWN UP THREE TIMES since 2016 you would have profited approx 1500%. The indicator showed up once in 2016 as a BUY at approx $500/BTC, once in 2019 at approx $9,800/BTC as a SELL & it just showed up about three weeks ago as a BUY at $7300/BTC. BTC has bottomed. The trend has...

rlh86

If you would have followed this momentum strategy 90 indicator that has ONLY SHOWN UP THREE TIMES since 2016 you would have profited approx 1500%. The indicator showed up once in 2016 as a BUY at approx $500/BTC, once in 2019 at approx $9,800/BTC as a SELL & it just showed up about three weeks ago as a BUY at $7300/BTC. BTC has bottomed. The trend has...

rlh86

If you would have followed this momentum strategy 90 indicator that has ONLY SHOWN UP THREE TIMES since 2016 you would have profited approx 1500%. The indicator showed up once in 2016 as a BUY at approx $500/BTC, once in 2019 at approx $9,800/BTC as a SELL & it just showed up about three weeks ago as a BUY at $7300/BTC. BTC has bottomed. The trend has...

rlh86

This indicator doesn't come around often but when it does it offers great insight into trend direction. Stay Classy!

rlh86

This is a weekly look at BTC with BBands, RSI and Bull Flag. Upper Channel of BBands at $10k. We will hit that in the weeks to come. We will range between mid-upper BBands and continue to compress on weekly and monthly charts. May 2020 will come and go. We will retest 2019 ATH by Q3 of 2020 and will retest BTC ATH in 2021. I am calling $56k by end of 2021.

rlh86

Ignore the noise. Look at the weekly RSI. Look at the weekly BBands. Compare that to the start of 2019. We will continue to compress BBands with a trip to upper channel in next several weeks. We may be forming a C&H by Q4 2020. I expect a retest of 2019 ATH by June of 2020.