Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Using: fibchannel tool (the coloury thing) long term support/resistance trendlines (yellow) Bitcoin logaritmic regression bands, for better estimating final cycle top that should top the same resistance trendline the subcycle top topped on.
Rules: AC between 0.382 - 0.886 XD between 1.27 - 1.618 Target: Between level of (B) (also around same level as the 0.786 retracement) and the neckline (12k). Disclaimer: I had to move point C a bit to the upside to get AC within 0.886. Those were 2 extreme wicks. Had i used the body's instead of the wicks in the first place, all was within rules of harmonic...
As you can see it's always December. Hypothesis: Structurally we could be bullish even if we touch the 9.5k one of this years last months. So yes, the CME Gap (whether it exists or not) can be filled without big structural problems. Also matches fib retracement: From a weekly perspective this is also possible; As long...
BTC Weekly chart. Down Using the logarithmic regression band, it seems logical to place the downside of the triangle at the 0-log line. This seems to indicate that the lowest we should expect BTC to go coming weeks (march, april) is usd 7.5k. The 0.382 fiblevel is at this same height and suggests decent resistance at 7.8k. Up I don't expect a cup and handle...
Just for future referencing. One of many scenario's.
For my own future reference. Just like previous cycle we have 2 points (red arrow) to test the 200WMA. Just like ... we enter fase 3 bullrun on 1FIB. Just ike ... we top bullrun at 1.6181 FIB. Not being original. Thanking youtubers Opticalart and CryptoCrewUniversity for inspiring me.
3D chart with 50 and 200 showing you the 3-day death and golden crosses. Needless to say, waiting for the deathcross to play out. This scenario would be just a correction based on simularities in RSI , trendlines , price pattern, and most important the MA's. So not meant as an abc correction. Because that's a whole different scenario that could mean BTC needs to...
BTCDominance (%) chart shows double tops in every cycle, bear or bull. Look at 10 dec. 2018. The second top exactly matches the btc bottom. Somewhere sooner than we thought, a mini capitulation could take us all by surprise. One to keep an eye on. Double top pattern is strong in the dominance chart. ps. if double top is in play then there is a small chance it...
The golden 111MA has been a frequently tested supportline in every BTC bullmarket up to date. Look for yourself. (Shared chart url below). When looking left, chances are big it will play its role again in this bullmarket. FYI The 150 and 600MA represent the 50/200 MA on the 3 day chart. So you can see the Golden Cross and future deathcross. You can disable them...
I hope $2911 as we still have a proper downward channel that will cross multiyear support line. But if we look at previous capitulation point (jan15) ,we see it touching touching the old ATH level. So cannot dismiss these. Which point sounds most legit to you, and why?