BITCOIN Volatility has peaked. this is the bottom. HVQ knew. That is all.
On the top of my chart you can see an indicator my good friend Heffae wrote up called HVQ. this is a volatility indicator you can see on this indicator that on the monthly time frame BTC might be putting in a descending volatility trend. This touch we're making on the descending trend this month could signal a major bottom. In order for this to be valid...
I drew weekly horizontal levels on the HVQ (Top indicator) creating a channel that when crossed seems to mark the full bull run. We have rejected from this channel a couple of times resulting in a long term top but we could be entering the channel soon. HVQ measures Volatility with some other magic I don't understand... the levels seem important and the...
So I'm long from right here. risking the previous low around this level from a couple weeks ago. Heffae cloud on 2/2 settings has been solid for Link and as you can see we are right up against the daily cloud which should push the price up ASSUMING we are bullish. This to me seems like a solid risk reward. I'm seeing a possible Inverse adam and eve on the price...
I use qrsi to identify trends all the time. I draw them in a way that makes sense for me. We all have our ways. You can see this qrsi uptrend was support during consolidation and pushed price several times. We now have a clean break of the uptrend with a close below AND a retest. I'm not feeling very bullish on crypto. I still think we could see a bounce on...
the 3day QRSI is showing a break in the downtrend. What this is telling me is that the consolidation pattern may be breakin out. I'm long here. Once price makes a new high you will have bear divs so I would expect a pull back MAYBE. otherwise I'm generally bullish atm and will hold this long unless something drastic happens.
Another simple idea brought to you by me and my good friend the Hefffae cloud and QRSI The QRSI (indicator on the bottom) is printing a inverse H&S and the 6 hour cloud is showing support. Long it and hold. thats my strategy. that cloud touch was my entry so we shall see how this plays out
Another straight forward idea. Using Heffae predictive cloud I am shorting bitcoin with the expectation that bitcoin will roll over into the red area of the cloud. My target is 10.9...and then we shall see from there.
Idea is simple. the clouds edge is support. long with invalidation if we break below horizontal trend line. Taking 30% off when it reaches the 4h real time low ( the red lline) holding the rest to the top of the cloud. If it breaks outside the cloud but keeps going up I'll take another 30% profit at the retest of the bottom of the cloud and then expect more...
The idea is pretty straight forward. I'm looking for a wick slightly below the real time low (the red line) followed by a bounce before end of year. I'm thinking the dip happens on December 17th which is one day before the 3 day close. That would set us up for a year or so of sideways A.K.A. ACCUMULATION.