If this accurate, Bitcoin might have one of the peculiar Elliot waves cycles. The cycles so far as we can see have been clearly lengthening, but will it continue? What I am proposing here goes against that narrative but is within cycle parameters and structure as shown with the labeled length in bars . We are on the monthly chart here so every bar is one...
Hey fellow traders and Bitcoin enthusiast, A month a go I made chart labeled "will bitcoin ever break above it's old trend line?' It was met with overwhelming response from the community as it was my most popularity chart. The charts focus was a look into the indicator "BTC Log Rainbow" coded by BullRider802. I wanted to look even deeper into this chart and...
A break and close above the top line has a good chance to lead to parabolic rally to 150k. A break and close of the bottom line (Specifically bellow 29k) could lead to a a 19k to 14k correction. As of right now Bitcoin the macd turning up and we are waiting for a cross up on it to make it official. The Stochastic has a buy signal with momentum up. On the...
Blah blah blah! There all going to zero the Dollar just slowed down but it's falling. Blah blah blah
SHHHHHHHHHHHHHHHHH Quite in the library, people are stacking.
This chart by no means is a price prediction. It's a look into a possible future for bitcoin in the coming years based on Elliot wave theory. In this chart I am are assuming that Bitcoins next move is the start of wave 5 in Elliot wave theory. When ever it ends the theory states that a massive ABC correction will follow, which would kill the mania and be bitcoins...
Hello everyone, here we have a chart of Digibyte on on the two week time line. This chart has three Indicators, The CM ULTIMATE MA MTF the STOCHASTIC RSI and the RSI . The thing to look for here is confluence between all three of these indicators. One of them could be telling us that a strong move could be coming or it could be a false signal, let's keep an eye on...
The main thing to look at here is 1st bullish divergence 2nd the ULTIMATE MA MTF has turned green and 3rd the RSI must get over the yellow line and make it support. This is very important as it went parabolic the previous time it did so and the risk of a false breakout is lowered. Target is .35 to .39 cents This is a higher risk trade so please don't take this...
The monthly stochastic RSI is showing strength and momentum but price is still under the resistance. LBC needs to move above 3 cents and hold it as support on the monthly chart. doing so would make the next move be to the resistance of 7 cents and the same rules apply to this resistance area as the previous. Momentum growing I would not be surprised to see the...
Although the charts of bitcoin on lower time frames look like they might be bottoming, the monthly chaos looks like it's just getting started. BTC has just broken it's low on the RSI at the same time it has gone below it's historical log growth curve. This could get real bad real soon. Not Financial Advice.
This chart is essentially a continuation of the "bitcoin and what to look for" a while back. I have added the "HTF log oscillator" and the new "Mayer multiple bands" by (TXMC) indicators. This chart only shows what to look for and possible events to come. This is not a prediction and not financial advice. Always invest with caution and a risk tolerance you can...
This is not a prediction just an outlook. In fact it would be crazy if it happened anywhere remotely close to it. LOL This chart is for educational purposes only In order for this or anything remotely close to this happening, the market cap would to 12x to 15x in an approximate year or a little over. IMO it's too much too fast.
This chart is for fun and it is a representation of what I am expecting for the next two years. I believe Bitcoin could be in a giant Bull flag formation with a target of 150k to 160k within 2 years. Always invest responsible and with a plan. If you need help you can leave a message or just leave me your thoughts on the idea. This is not financial...
Looking at the history of bitcoin, the data shows this is nothing new and it's most likely the bottom. Buying has historical made you you look and feel like champion. There is nothing guaranteed and there is Alloway's risk, without risk there is no reward. Always invest responsible.
I see a strong correction, but then a very strong recovery by 2028. This chart is monthly and the moves are very slow. Gold could prove to be the ultimate stable coin with up potential long term. There also is a very strong bearish divergence on the monthly RSI. Gold also seems to correct after double tops. This chart is for fun, Not financial advice.
Will it reverse or break through ? Bear divergence on the RSI. Seems like people are seeking safety, but where? comments bellow
When I look a the Pirate chain chart I see a few things that resemble the Bitcoin early days. The initial growth into the impulsive first wave. Then we have the bull flag downtrend with a break out. Now we are waiting to see if it will keep mimicking the Bitcoin movement for the next year or two. With digital privacy being pressed more and more the need for this...
This chart excludes BTC and ETH, it is just the altcoin market cap. They are sitting on a relatively strong support but a drop below will be devastating as there is not much support until approx 100 billion. If they hold her and make move higher to 505 to 510 billion Then I think a big move can follow to into the 2 plus trillion mark but at this point its far...