krjcrypto

krjcrypto

Very similar structure here with the descending wedge and the measured moves rejecting off the pink line

krjcrypto

DXY with the BTC history on top DXY trades opposite of BTC so this is a correlation chart DXY should close inside this triangle at 107 by the end of the week if it closes above I will have to watch and see if the triangle needs to be adjusted a tiny bit, or if its confirmation of a reversal. 3 days left on that candle

krjcrypto

@everyone DXY on the monthly chart - 15 days left till candle close I would like to see the monthly candle close below 107. the patterns and indicators show overbought and good place to not be buying as you may know, the DXY trades opposite of BTC. So if the DXY goes down, BTC goes up (most of the time) because people are trading cash for crypto. There is a...

krjcrypto

The Bitcoin price is still being suppressed. There is only 1 bearish indicator and that my RSI flip that shows down The "Trend Breaker" indicator shows a break in the Hieken RSI and has retested so it "should" go up from here The descending channel is bullish, the price rejected off the .25 and is now back up inside the golden pocket The 4x channels are complete...

krjcrypto

Lots of things to look at here. All bullish signs RSI low, lots of bullish divergences, hitting a rejection trend line

krjcrypto

following the same price structure on the same monthly time frames from 4 years ago... pretty good correlation. BTC should get a drop around november

krjcrypto

BTC is prepped for a small rally back up to 30 - 40k area. Hitting the trend line for the 3rd time and the market cycles is similar short term bullish medium term bear long term after jan 2023 bull

krjcrypto

Bitcoin should push up to the bull trap zone as shown with the previous cycle. 40k should be where all the longs that were taken start selling off and pull a lot liquidity out of the market until the price gets around 8k

krjcrypto

Bitcoin on the 2 week LOG chart should see a bounce here on the FIB channel back up to about 40k - the golden pocket zone before making its final decent to 7.5k The channel formation gets an over under over pattern.. It is headed back down to the bottom of that channel right at the end of the bear market 4 year cycle just as its done the last few times

krjcrypto

I am looking at BTC on a weekly log chart and when you compare the market cycles it is almost half way through the bear cycle

krjcrypto

BTC just rejected off that major trend line! I think itll go up to that center line then drop again down to the 7 to 10k area and fill that CME gap still open down there!

krjcrypto

Bitcoin is at a critical moment here. currently the price has to stay above 20k for this to valid

krjcrypto

Support held and resistance broken. Currently on the way up the ride side of the inverted BART pattern. I see a push up to 42k before heading for the final descent down to the 25k 11k 9.8k and 7.5k near the November 2022 time frame. the daily chart shows the Simple Moving Averages and I have the 400 MA the bold color. so far its good at calling the major...

krjcrypto

AVAX is hitting the bottom of a descending wedge, the RSI is low and many other indicators that give good confluence that this is the swing bottom on the 2 day chart

krjcrypto

According to the pattern Solana looks like its at the bottom of a descending wedge . Elliot waves (a b c d e) are complete. There is no breakout of that wedge so I am just speculating where, but it will probably form a descending channel and reject around 145. The RSI is super low and my custom "trend breaker" indicator showed a break in structure and now is...

krjcrypto

1 have 3 chart lines top is the btc price middle is the inverted RUBLE/USD chart bottom is the BTC/RUBLE chart Everybody is watching the BTC price but don't realize what has happened. There is usually good opposite correlation between the DXY and BTC. (its like a mirror image) when DXY goes up, BTC goes down and when DXY goes down, a day later the BTC goes up......

krjcrypto

if you use the binance wick as reference and you draw a fib channel, you will see that the chart lines up very well. The golden pocket has been broken and I expect that it will stay below... 33k is the next target to watch here

krjcrypto

BTC is ready to reject here and push for a bull rally swing in the medium term before coming back down for a new lower low 8k target