Since March of 2024, BTC has been alternating between red and green candles on the monthly time frame. Is this just a coincidence? Social media predicted September would be a bad month for cryptos because it historically was. But what happened instead was a 7% increase for a green September. Currently social media is buzzing October will be a great month for...
BTC on the 2 month chart using 21 ema, RSI and Stoch RSI. Red circles = Sell region Green circles = Buy region White box = Indicator of bull run Red Circles (sell areas): When RSI peaks over 85 this is signal #1. When Stoch RSI is over 90 and the blue line crosses below the red line, this is signal #2. When both signals trigger, this marks the market top. (2013...
We are on bitcoin's fourth cycle. The first 3 cycles took an average of 47.67 months from market low to market high. On a guess if you take the average cycle length, this cycle could last 48 months. This would take us to Dec 2025 for bitcoin's all time high for cycle 4. Market highs were in: 1-Nov 2013 2- Dec 2017 3-Nov 2021 Market bottoms were in: 1-Jan...
The last two times the gaussian channel flipped from red to green, xrp had parabolic rises. (orange arrows) This flipping from red to green also led to market cycle tops. (orange circle) Will this time be the same? Currently the channel has been red for the last 336 days, and we haven't reached bitcoin's halving event yet. Will the gaussian channel flip to...
The coinbase chart on the weekly is very clean. The support and resistance levels are really defined and its creating a strong base for structure. Coinbase has been range bound for over 5 months, which I like. The longer the base, the greater the potential it has for very high prices when it breaks out. And more important is coinbase has been in an uptrend for...
ADTX is in a falling downtrend, as shown in the declining parallel channel. It had an all time high of $19,160, and a low of $7.34. There has been 5 huge monthly green candles in ADTXs history. (Noted with orange circles) These candles may have caused FOMO for impatient investors. These 5 candles had increases of 79%, 12%, 23%, 17% and 245%. Each time these...
Split Screens. Right chart: Monthly Fibonacci Retracement. MVIS has retraced down to a local low of $1.15, and bounced off the 0.618 golden pocket. Will the 0.618 hold as support? The month hasn't ended yet, so we will need to wait and see. In the big picture it looks like this could be the end of wave 2 of the Elliot Wave. In Elliot Wave Theory, wave 2 is a...
Three charts showing Bitcoin may have ended its pull back. 1 - Hammer Candle on the weekly. (Left chart) The week has not closed yet and will close on Sunday. So this candle formation has not been confirmed. But currently it is a Hammer Candle, which could signal a bullish reversal. The bottom wick is really long, showing huge buying pressure. 2 - Bollinger...
The STOCHASTIC RSI cross on the weekly chart only happens one or two times per year. Currently the SRSI is under the 20 level and had a bullish cross on the week of Feb 5. The last 4 times the weekly SRSI crossed while under the 20 level (blue vertical lines) XRP saw significant gains. (51-167% gains even in the 2022 bear market.) Will XRP see big gains like the...
NVAX has been making lower lows since 1998, and price is currently falling towards the descending angle. (orange circles) Will it touch it again? If price falls below $3 it will. Looking at the big picture, every time NVAX touched this declining trend line, price went parabolic. How high could price go? Look at the purple channel. Price either peaked at the...
Triple split screen analysis. LEFT SCREEN: FGEN broke support at $16.30 (white) and $9.20 (yellow) levels. Currently it's at 47 cents and in what I refer to as, "no man's land." It's "no man's land" because there's no support below it to keep price from falling further. Could price reverse? Sure it could. If price does reverse, it would retest 95 cent first...
I first posted this XRP gaussian channel chart in November of 2023. I noticed a price pattern within the red portion of the gaussian channel. This pattern could provide a clue for when XRP will moon. More specifically, when XRP will top. The 2016 and 2020 BTC Halving Event both occurred within the gaussian channel when it was red. I pulled out the price pattern...
Cardano (ADA) just closed above its descending channel. This week we need to watch for it to close above the channel again to confirm this breakout. Closing October 8th above 25 cents is the key. In the orange circles in September 2023, the rsi and stoch rsi may hold clues for an upcoming bullish move. The rsi broke above its moving average, and the stoch...
Amc is not looking good. Price fell below its all time low of $10.35 on the monthly time frame, and is currently at $8.62. Amc tested this level several times in 2020 (orange horizonal line,) but never did it close below this level. There's 22 days left in September so there's still time for price to close above $10.35. If price closes September below $10.35, we...
This is a split screen of NVAX, both on the weekly time frame. The chart on the right is the bollinger bands. Currently there's a squeeze and the mouth is just beginning to open. Price is under the white basis line, and if the mouth of the bands begins to open wider, it's likely price will get dragged down and ride the bottom yellow band. The chart on the left...
Easy MVIS trading: Simple 3 steps. ***All 3 rules need to be true before buying or selling*** Steps to BUY. (Orange circles on chart indicate buy signal.) 1) Price under white moving average. 2) Bottom indicator - Red and white lines are under the yellow horizontal line. 3) Above indicator - Green line under the yellow horizontal line. When all 3 of these...
3 Panel Chart Top Right Chart: -Daily chart using bollinger bands. Both bands are open, and price has been dragging along the bottom band. Price has pierced the bottom band several times, which doesn't happen very often. Sometimes when price stabs through a band, that could be a signal the strength of the move has peaked and is now slowing down. A clue to...
XRP fractal comparisons, using the 21 and 100 Weekly Moving Averages, and RSI. XRP has been making lower highs since 2017, as shown by the white descending line. But at the same time it has been making higher lows since 2020, as shown by the blue ascending line. Creating a symmetrical triangle. This can either be bullish or bearish, depending which way it...