bitcalib

bitcalib

Idea that BTC is in short term, smaller markup markdown 3 level pattern and will spike once more to resistance line and then ince breaks blue circle line major drop

bitcalib

Possible retrace to 0.5 fib range from local high to low, 1m -5m charts show some unrecovered vector candles at few levels, where red boxes are...larger TF on link sure looks like dip incoming...but this is possible scenario for catching better entries for a short

bitcalib

Alternate orientation of markup markdown pattern that c I understand possible play out. Main takeaway is that the popular sentiment that perhaps btc bottom is in and trending up seems to find contradiction here...though not certain

bitcalib

Btc appears to be on verge entering drop phase of pattern. At completion of third level drop, a spring into new uptrend is often seen

bitcalib

Identified this early as it was developing and continued adjusting and watching to see the elements of the schematic get formed. Was able to quickly determine that price would break UP out of this accumulatyion range and able to set purchase orders on the retest of the SOS

bitcalib

The peaks and valleys of the AXP chart are extremely consistent over time. Every 7 years we see a cycle where we achieve a new ATH and retrace sharply before repeating the cycle. The time ranges in which the elements of this pattern play out are shown. The time it typically takes from peak to low and the time from low to peak. Based on these consistent time...

bitcalib

The blue pattern is an overlay of price action from the Asian market overlaid over the EU market timespan. The yellow pattern is what I see playing out to complete the current markup / markdown pattern. It generally coincides with an overlay of the asian market. We often see the general price movement that happens in the Asia market get replayed in EU and USA...

bitcalib

I'm watching to see this play out. Anything could happen, but the stage is set for this scenario. BTC has been moving up within a parallel channel for past few days. It couldn't hold support on top of channel, currently heading down to look for support on bottom. It would make sense to me if it finds support and bounces at or around the bottom of channel...

bitcalib

BTC entering 3 drop markdown phase after 3 tier markup phase. The move could happen within ADR and also unrecovered liquidity in target range, shown by green vector candles. After the third drop, it's common to see a W pattern quick recovery back up

bitcalib

This three drop structure would complete the markdown phase to the 3 tier markup phase completed. The targets lower are the ADR range for daily move and aligns with green candle of unrecovered liquidity. Possible bounce bottom of last drop

bitcalib

BTC moving down the ADR to recover vector candle liquidity. The projected price movements are based off a nearly identical candle pattern on the 1m chart in the past, with snapshot attached. The similar setup of green vector down into 200ema followed by vector candle up and retest of 200ema with eventual break of 200 and continued breakdown.

bitcalib

BTC ADR is 439 pips. I'm inclined to think it will be down, since there are vector candles below representing liquidity. Price was also rejected from the 800 MA and may come down to hit the 50 and 200 EMAs while recovering liquidity. Price also appears to be in the first drop of 3 drop phase where price drops down and recovers 50% before dropping again. This...

bitcalib

sharp markup to 17.3k liquidity zone then drop and markdown phase to grab liquidity at 16.6k range

bitcalib

BTC forming a markup/markdown pattern on low timeframes, 1,3,5m. Currently in process of forming the right peak and once peaks, will begin 3 level drop, ecach with retraces up before dropping to lext level. Once 3rd drop completes, we often see a pump up higher as a new pattern is created. Entry is anywhere near 50EMA and take profit is previous peak level price...

bitcalib

First a short term W pattern with measured move into region also in line with retrace before drop into 3 drop markdown phase. Short term long to price target and then short entry in ranget between red price labels. There are two points where vector candles haven't been fully recovered and those precise points could be reversal targets as well.

bitcalib

BTC entering 3 drop markdown phase. Once it hits bottom it could rocket back up, but there should be several sharp declines followed bu 50% recoveries

bitcalib

We have two un-recovered vector candles that represent ranges where the market maker plans to bring price action back to in order to recover liquidity. And then continuation to the downside and lower lows.

bitcalib

If W pattern plays out, it could lead into a larger markup/markdown pattern like shown, hitting measured move from W pattern on first crown peak, then hitting 200ema on 15m at around 16980 with second crown peak before coming down.