stanosky

stanosky

Everything is on the chart. Enjoy the short. This is not financial advice.

stanosky Updated 

As I predicted, bitcoin has completed a re-test of the big broadening wedge formation. The monthly candle closed just below the trend line, exactly in no-man's territory. As for me, this means only one thing - further declines. The next stop is somewhere around $12,500-13,500 (TP1). There is a chance that this will be the real bottom, although as you can see on...

stanosky Updated 

Bitcoin is just completing a retest of the Head and Shoulders formation on the weekly chart. I think in the coming days we will see a dive into the zone around 19k with a temporary stop at 25k. What happens after that is not certain but I think we may see one more final decline straight to the red line. After that bitcoin should start slowly building up strength...

stanosky

Bitcoin has just formed a diamond pattern on the hourly chart. A trend reversal is coming. This is not investment advice.

stanosky

Bitcoin is just completing a retest of a massive broadening wedge formation. This promises to be a massive decline over the coming weeks. Get your parachutes ready! This is not investment advice.

stanosky

It appears that bitcoin is trapped in a symmetrical triangle. If I'm right, we're in for another big drop in price. This is not investment advice.

stanosky

It's been a long time since I've posted anything, so today I'll share with you my brief observations. Well, I found an interesting pattern on the chart. Three consecutive wedges: The first one (basically a bullish pennant) shows the path Bitcoin has taken from its 2017 peak to the Covid bottom. The second (a broadening symmetrical wedge) shows the current...

stanosky

At first glance, the Nano chart looks like quite a mess. In reality if you look closely everything fits together. For the purpose of this idea and for greater accuracy, I redrew all the most important structures and patterns. Now you can see even better how accurately the candles behave. For example, let's take the green triangle. The part of the chart inside...

stanosky

It looks like we will see another leg down in early July. An inverted Cup & Handle pattern is just forming on the four-hour chart. The target is somewhere in the lower edge of the falling wedge. This is not financial advice.

stanosky

It is unbelievable what is happening right now! Bitcoin in an act of panic jumped out the window holding a cat! A CAT! Poor animal!!! Anyway... looks like it was dead already.

stanosky

You are so bullish To me You are so bullish To me Can't you see You're everything I hoped for You're everything I need You are so bullish To me You are so bullish To me You are so bullish To me Can't you see You're everything I hoped for Everything I need You are so bullish To me This is definitely not financial advice.

stanosky

This is a continuation of my previous idea, which you can find here: So to the point, in my previous analysis I indicated a possible bottoming point for the current correction but did not outline how this might occur. If you look at the chart I drew two parallel channels. Both have the same width and as you can see they fit perfectly with the candles on the...

stanosky

I recently noticed an interesting thing by accident. While drawing the channels in which bitcoin moves I realized that they can be divided into certain levels. I numbered them from 0 to 3 (as on the chart). When you look closely at this phenomenon you can see that bitcoin jumps to a higher level every now and then and doesn't go back to the previous level again...

stanosky

Forget IHS. Bitcoin has just formed a bearish pennant. The extension of the bar is pointing towards the $10k - $11k area. This is not financial advice.

stanosky

The NANO (XNO) chart has formed an interesting structure. The exit from a bearish flag has turned into another bearish flag (pennant). This is not a good sign for the bulls and we can expect more downward move. However, as I have already mentioned in my previous two analyses, in my opinion this will be the last drastic decline. After this, I think we can expect...

stanosky

As you can see, NANO (XNO) is in the process of forming a bearish flag on the 4-hour chart and in my opinion is looking for the final bottom of this multi-month correction. If you saw my earlier analysis (link below), you can see that I slightly revised the white wedge and the likely price path (yellow dashed line). Currently, I expect the bottom to be around the...

stanosky

As you can see on the chart, the XNO price has broken through the lower edge of the blue wedge and is unsuccessfully trying to get back above it. I think we're in for another sizable drop to around ~$0.7 but that's no reason to panic. I also drew a white falling wedge on the chart. If I'm not mistaken, these will be the last dips after which the price should go...

stanosky

Nothing fancy this time, just a boring falling wedge waiting for a long. Nahhh… wanna buy? I hope not. Cause it's not financial advice!