INDEX:BTCUSD Will likely top out @ ~90K Bearish cycle (12345) wedge was broken (A) and tested (B) with (ABC) correction to 0.5 Consolidation (WXY) around 0.618 of the bearish cycle Breaking of the intermediary wedge and 0.5 of the bearish formation on (1) first impulse Bottom of the bullish wedge touched (1) end Testing of the intermediary wedge...
Be greedy when others are fearful. Support on macro descending wedge. This is a shakeout pre mid-cycle bullrun. First target 30K zone. Final target 85K or 100K. Might post a more detailed TA, but wanted to catch the moment here.
INDEX:BTCUSD is looking ready for another big move up. Currently we are squeezing into the tip of a steep ascending wedge of which we failed to break the top of for now. But when we do, its gonna pump hard. Damn these last few months have been exciting to trade! We bounced hard of that macro line (blue), which belonged to a large descending wedge we broke out...
Here is some interesting geometry on an outer edge ray. - Extrema point 0 on ATH - Extrema point 1 on PI * 27.3 (orbital period moon) High - Break on PI - Retest on 3.5 All within a tiny margin of error. The time between 0 and 1 ≈ 5 moon orbits The time between 0 and PI ≈ 16 moon orbits You could probably draw and find proportions everywhere on either scale, but...
Hello Bitcoiners , BTCUSD is about to flirt with its longterm support curve, as it does every cycle.. I'm looking for 24K as a bottom. And for some bullish hopium, 100K early next year. Bitcoin appears to have skipped a top, i believe this will happen again, in a fibonnacci sequence. 1 1 2 3 5 8 13 ... Where we will see True tops in 24-25 37-38 57-58 ,...
Currently BTCUSD is breaking down from a small ascending wedge inside a large ascending wedge. (impulse 4) If we continue this pattern we move to 53-54K High end of August , to break down to the 40K support zone in early-mid September. This would, if it holds up, have formed a beautiful consolidation after the past bullish move upwards. I'm crossing my...
DOGE Looks like its setting up for another bullrun during Bitcoins 5'th impulse move from 45K to 52-54K inside its ascending wedge. Looking at bitcoin nearing its pattern's rising support line and losing downwards momentum, it does seem like it will bottom out here, and soon bounce. Target's for DOGE, kinda hard to predict, but i'll make a sketch, so here are...
Long-term: (Out of frame) Ascending wedge with three bullish pennants forming. Mid-term : Rising trendline of the bullish pennant Extended , on its way to retest higher resistance as support. Ranging in the pennant , flirting with 12000 , this top defines the second point of the peak resistance line as seen in the previous bull-flag. This line ends on the...
Long-term: (Out of frame) Ascending wedge with three bullish pennants forming. Mid-term : Rising trendline of the bullish pennant held, now retesting support . Ranging in the pennant , might break upwards to 12000 . Short-term: Double bottom bounce to 11800 .
Long-term: (Out of frame) Ascending wedge with three bullish pennants forming. Mid-term : Rising trendline of the bullish pennant held, likely retest coming. Short-term: Descending wedge likely to break upwards after finding solid support on Rising trendline.
Short term: The price is touching the rising channel support, If it breaks one mid-term level down Target: 8300. If it continues we'll rise one mid-term level up Target: 12000. (i'm playing this on either side's breakout, using the opposite side as a stop-loss.) Mid term: We're in an uptrend before the halving, if the past is to repeat: We will see a...
Short term: Repeating the previous pattern to 8500 against the bearish resistance. Mid term: To drop to a Higher Low, one macro level up, down to 5000. Long term: From its Higher low to new highs, negatively correlating with the upcoming 2020-2021 Financial Debt Crash. Going up to 50.000 to halt and retrace. Seeing lower volatility in bearish retrace.
Here's a derivative from an ideally played track, Marking the Highs and lows, ignoring the flutter. You can see how Short points narrow and stretch from Long points, indicating the current market trend. But also how the rythm squeezes togheter and reverses the direction of the market, And also how the market turns in a long stretch. I'm not really convinced of...
We are near the bottom. i have not found a sensible reason why we wouldn't be. I have no Mathematical ground to base this on. I bluntly repeat periods and proportions from historic events without analyzing the change between them and reporting that as an ongoing event to be calculated in predictions. Neither have i calculated the golden ratio on this, it just...
Hey crypto people, The indoors season for the Northern hemisphere has started again ! As it gets colder, The crypto heat might grow again, Unless offcourse thousands of people have found another hobby. I'll be back to make more scripts for automated trading, and sharing the Why and How's with you. During the following 7 months, i'll be back in school doing a...
Up next, small double bottom to go long in. Good luck trading.
Hello Cryptocurrency traders ! You've probably wondered, Why can't i use Tradingview to Place and View my orders ? Or maybe you've created a strategy that is profitable, and would like to run an automated strategy. But unlike our non-crypto colleagues, We have no proper ability to connect to our Exchanges. That's very unfortunate, but why ? Tradingview...