AngoShiruba

AngoShiruba

Cocoa reached maximum fib extension 4.236 on weekly time frame at around 10000 level. The correction of at least 30% underway. I suggest ABC now.

AngoShiruba

When bounce happens, we will go to fib levels. Everything points to at least 5 USD. Of course we can go to 10 or more. Nobody knows. I think its safe to bet long to 5 USD, and then wait. If the price goes to 10 or more, DCA to short.

AngoShiruba

I copied red trend line from all-time high of bull market 1 to bear market low to next 2 all-time highs. Bull market 1 retrace perfectly matched retrace of bull market 2. Now we are in bull market 3 and if we retrace the same as 2 previous bull markets we are on the way to 10k. I would expect rally before that, something like 30-40k then big dump to 10k... before...

AngoShiruba

Green lines - bull market tops Red lines - bear market bottoms We do not know if we hit the bottom yet in this bear market. So ideas about 10k bitcoin this year with new bull to 300k (moon) :)))))

AngoShiruba

2 major scenarios: bearish - 13 USD by 2025 bullish - 60 USD by 2025 Silver peaked 2011, 3 years after 2008 financial crisis. If we are in a crisis now, 2022 + 3 years = 2025. So I assume we will go to ATH by 2025. Short therm looks like a bounce to 25 USD - which will be a dead cat bounce or NOT. 25 USD will decide. Selling is over for now...

AngoShiruba

Let's expect bottom by end of this year, huge bounce, then huge crash, then the real new bull market... We have years to accumulate...

AngoShiruba

2008 was a crisis and 2011 silver topped. 3 years later. 2020 was a crisis - covid, we are in 2022 with another crisis - war. To me it looks like 2023 - 2025 is the years of silver. All-time-high. We need to clear 30 usd to destroy the range and shorts. Then the sky is the limit.

AngoShiruba

Some consider gaussian channel on 5 day to be an indicator of if we are in a bull run or not. If above gaussian channel on 5 day, we are in a bull run. If in the channel or bellow we are in a bear market. Well it is scary to see the gaussian channel turned red. It might be a bear trap or we are in a dead cat bounce and we do not make it to all-time-high.

AngoShiruba

Gaussian channel turned green on 1 day chart, not yet on 2 day chart. On Bitcoin futures it is not green on 1 day chart yet, but should be next day or so. The only problem I see is gaussian channel turned red on 5 day chart. So this is either a super big bull trap or we go up. If this is a dead cat bounce I expect it to go to around 60k. If we go up, we should...

AngoShiruba

Gaussian channel turned green on daily. Not yet green on Bitcoin Futures, but should be there next day or two. This is a dip to buy, big run up to 58k, then 20+% correction to 45k or so and then new all-time-high. After that possibly a major 50% correction like every time :)

AngoShiruba

It looks like a line break chart tells a completely different story about this dump. Its about to break out to the upside. Let's hope for the best.

AngoShiruba

With all bad news, stock market erasing months of gains in a day, bitcoin start bouncing. I expect we go to 40k, then visit lows again to form a possible double bottom.

AngoShiruba

Let's pump 40%, then retest lows to form a double bottom. I think we are in a bear market, which is a great opportunity. But first we need to get out of underwater traders and do right moves.

AngoShiruba

Most of the trend lines, supports, hopes are broken now. This is the only chart that looks pretty good. Maybe we get one more DOT... Bitcoin will definitely bounce, it just sucks to be in leveraged positions now. Most liquidations happen at the point of reversal... Double pain... Price loss and missed run...

AngoShiruba

Looks ugly, all youtubers are down. We should get a bounce soon. It might be a dead cat bounce though. I think 2022 will bring 22k bitcoin and also new ATH.

AngoShiruba

3 is the important number, are we getting the leg number 3?

AngoShiruba

Lets compare this correction to May 2021. In May correction we had huge selloff that triggered many daily bullish divergences using Divergence for Many Indicators V4. In this correction, there is NONE. So it looks like we are just compensation for many bearish divergences that appeared on the 69k top. Also I copied the bar pattern of May correction. It is almost...

AngoShiruba

Looking at weekly in Bitcoin futures chart. Candles at the tops look very similar - green inverted hammers. Multi month dump followed. Candles at the bottoms are both bellow ribbon and look like green hammers. Huge bounce, what looked like a dead cat bounce followed. From dead cat bounce we had ATH. Let's say we follow the previous 2 trends - If I copy the thick...