Mr_Banker

Mr_Banker

Hey TW Fellows, The rink might form a head and shoulders pattern for the short term. If this case is valid the possible target is around 10.7-11.3$ at the end of the year. Cheers.

Mr_Banker Updated 

ADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases: 1) An accumulation phase 2) A public participation phase 3) A distribution phase The accumulation phase represents informed buying of the investors. The public participation phase is where the prices advance rapidly along with great news. In the distribution phase,...

Mr_Banker Updated 

According to the World Famous trader W.D. Gann, the ideal advancing angle in an uptrend is 45 Degrees. In other words, 45 Deg. is a perfect balance between supply and demand. However, even in the Dotcom Bubble, the trend angle was less steep than the current trend. This indicates a much more downward potential than the 2000s burst. Stay Safe!

Mr_Banker Updated 

Hello Everyone, MrBanker is here. This is a stock-to-flow analysis for Bitcoin. This model incorporates the relationship between the circulationg supply and the total number of mined bitcoin on that particular year. This theory has been proved to be true during the life span of bitcoin. Accordingly, It is expected for the price to reach 1 Million $ starting from...

Mr_Banker Updated 

Hi Guys, MrBanker is here. SP500 had been in a long uptrend starting from June 2020. During this period, the trend was succesfully tested 7 times. However, that trend has changed after exactly 19 Months. - This was the first sign of weakness in the trend. Additionally, the price-action broke below 200D EMA since FEB 2020. - This is the second sign of...

Mr_Banker

Recently a bull pendant is being formed. The target is 31k. Regards

Mr_Banker Updated 

Supercycle 5th wave is completed. Now we are in a double corrective pattern which is actually 2nd wave of the Grand Supercycle. If the approximate location of "Y" is reached then we can expect a bounce to form a Cup & Handle formation which coincides with the Wave analysis. Eventually, 3rd Grand Supercycle wave will trigger a rally lasting for decades. Trade safe!

Mr_Banker Updated 

Hello Everyone, MrBanker is here. Today I present you a possible road to 200k for bitcoin. This chart shows multiple logarithmic-regression lines created from price-action data back from 2009. - The middle bold line indicates the fair value for bitcoin. - The lower part of this line is the undervalued bitcoin; indicating a possible accumulation zone. - The...

Mr_Banker Updated 

Hello Everyone, MrBanker is here. I present you with 3 ideas about how the LINK will reach 1000$. First Theory: - A 5 wave move is completed back in May 2021. Which also completed the 1st wave of the bigger degree. - The LINK is now showing a rather complex correction which is also an accumulation zone. - After this correction, we should observe a soaring move...

Mr_Banker Updated 

A year-long Pennant. 5th wave is already completed. Strong support is formed. Can you see what is coming?

Mr_Banker

A bullish sentiment is in the air. -MACD is about to cross. -Risk metrics show a possible bottom. -Pi Cycle indicator shows a bottoming happened. -RSI is at its lowest level. -Price is at low levels on regression bands -etc... Now, what should we expect? A classic suckers rally?

Mr_Banker

I present to you my idea of an intraday sell signal tailored for bitcoin.

Mr_Banker Updated 

LINK has been rejected by 1.5 years of strong resistance line. Next is to observe if the 50W EMA will act as a support. But the obvious thing is: Nothing can go down forever. The time will come for the Link.

Mr_Banker Updated 

Hi Guys, MrBanker is here. 3 Months long decline has been broken with considerably high volume. The 2-day long bull flag was also succeeded with a decent volume. Now, it is time for a greater test to break the next support level. Bearish case: If we observe a descent back to below 41k, in a short time, then it means the market doesn't have enough buying...

Mr_Banker

Pi Cycle theory shows that we are approaching a crossover indicating a possible cycle bottom for bitcoin. The date is approximately April.

Mr_Banker Updated 

Complete Elliott cycle is completed. Now we are in the 2nd corrective wave. Next will be the 3rd wave which is generally extended and yields enormous profits.

Mr_Banker Updated 

ADA has gained momentum recently. An increase in volume shows a valid impulse wave sign. According to the Wave Principle, ADA is currently in a 3rd-degree wave which typically has the strongest upthrust. However, there is a very strong resistance line up ahead as well as Custom Signal is in the overbought territory. A small correction might be seen before the...

Mr_Banker Updated 

The upthrust has lost its momentum. Volume is decreasing. Price is consolidating. The highs are the same for the last 5 hours. Custom Sell Signal is on the mark. It might be a time for a small profit. Always use stop-loss!