andy9813

andy9813

Seeing a bullish divergence of Bitcoin's Relative Strength Index on the weekly time frame.

andy9813

BTC Trend-Based Fib Time using peaks and troughs from the monthly RSI (20k => 3k => 65k ). Appears to mark when we held the 20W SMA as support and where this recent bear trend began. The next Fibonacci ratio is April 1st.

andy9813

Flipped the Bitcoin chart and inverted the candle colors to get a different perspective of the market. I did a trend-based Fibonacci extension to the 64.9k top and it appears the 1.618 line at 37.9k is acting as resistance (or support depending on your outlook) at the moment.

andy9813

Haven't broken out of the downward trend here yet and still have the 20 week SMA to contend with. Bearish divergence on the RSI. Dotted blue line is the volume range. Fibonacci dates: 0.236 - Feb 6 0.382 - Feb 28 0.5 - Mar 19 0.618 - Apr 6

andy9813

Similar pattern here, let's see if it plays out. If it were, we might see a short term bounce and then a selloff with BTC at the weekly 200 SMA around May at ~20k.

andy9813

BTC.D trend-based Fib, volume profile, bullish divergence on RSI

andy9813

Trying to predict where Bitcoin dominance might land this cycle.

andy9813

Speculating on lengthened cycles and repeating patterns in regard to SPY/BTC.

andy9813

Overlapping the previous two bar patterns for reference. Perhaps ADA might find itself in between these two.

andy9813

A bearish scenario for ADA if it gets rejected by both the 50 and 20 week SMA.

andy9813

A bullish scenario for ADA if it can get above both the 50 and 20 week SMA by the end of the year and is able to hold both.

andy9813

This bar pattern I overlayed now seems the most obvious with March 2021 to December 2021 candles lining up very similar to December 2018 through September 2019. If this were to play out, ADA could see a drop nearing $0.50 around June. Although perhaps that was a Covid anomaly that won't repeat itself in the same way... What's also interesting is that the apex of...

andy9813

ADA price movement predictions into 2022 and 2023. I adjusted the resistance trend line and fit different parts of the pattern to see what seems plausible. I wanted to fit it into one graph so I have translucent yellow being the most bullish, blue bearish, and white which is actually the 2018/19 fall inverted and makes a nice cup and handle pattern. I'm not...

andy9813

Can Cardano successfully test its ATH and bounce off the macro trend line or will it drop to lower prices before capitulating? Another revision of this ADA chart. I've included a resistance trend line as well as a more bearish bar pattern scenario should ADA fail to hold support and drop lower to capitulate, ultimately peaking sometime early 2023.

andy9813

Cardano testing its ATH and bouncing off a macro trend line? I extended it to 2023 to see the price whereabouts EOY 2022. If it can hold this trend line there's a chance ADA can reach $10. Second revision. I moved the bar pattern down, this makes more sense perhaps.

andy9813

Cardano testing its ATH and bouncing off a macro trend line? I extended it to 2023 to see the price whereabouts EOY 2022. If it can hold this trend line there's a chance ADA can reach $10.

andy9813

ADA price into 2022. I took a bar pattern of 2021 and placed it where I could see ADA capitulating along macro trend lines. The 2022 rally will definitely be diminished from 2021, but it provides a rough idea of where ADA is going. I also have RSI trend lines showing the general direction that might go along with price movement. Other indicators: purple = 21...

andy9813

ADA price prediction into 2022 with macro trend lines. I took a bar pattern of 2021 and placed it where I could see ADA capitulating.