Candle_Styx

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Candle_Styx

In this quick but educational video we delve into the intricacies of Bitcoin's price movements using popular technical analysis tools like Bollinger Bands, Elliott Wave Theory, Triple Moving Average, and Bearish Divergence on MACD and RSI. Learn how these few indicators can help predict what might be ahead for Bitcoin based on current data. I'm gonna make this...

Candle_Styx Updated 

I made a fresh clean chart for you to see the obvious. 1 Fibonacci Retracement of the 5th wave from 8 cent to 48.5 cent 2 Fibonacci Retracement from the bottom wick of the A wave to the top wick of the B wave 3 Date & Price Range measuring the A wave and one for the expected C wave both showing us -46% & 12 days 4 Orange Trendline you have seen also in the...

Candle_Styx

BTC 2 Week chart. Simple yet convincing with only 3 reliable indicators. 69K is inevitable. Also filling our remaining CME gap along the way! Bottom of channel also possible if we get a Black Swan event again.

Candle_Styx Updated 

Some very concerning facts which I would like to share with you. This looks like a perfect Wyckoff Distribution to me and I will also post another chart image below with other things to notice! I can not post the wyckoff image here but go to this link and look for the SChematic #1 and compare for yourself! www.wyckoffanalytics.com here the other chart:

Candle_Styx

Time to Chart the King! If you've checked my recent ideas, you'll find onefrom 11 December 2022 titled "Run it Back Turbo." Check it out! Press the play button to see how I've pinpointed the perfect bottom! Now, let's dive into why I've decided to close my trade: Wave Count: I've marked the 5 waves we've seen so far. Wave Comparison: Using the...

Candle_Styx Updated 

Trading Alt-coins is not easy. Often while waiting for them to reach their targets suddenly the hole market takes a dive before they get there.. or we sell them and they keep going much much higher leaving us behind in the dust.. So i came up with another approach trying to time the point where the hole market dives and sell them all together no matter where they...

Candle_Styx Updated 

besides bullish divergence on the weekly and numerous other indications like hashrate, aproaching halving etc. the probability that we have bottomed out is in my opinion quite high from what i see and feel. so here i drew some trendlines and a fib circle the Ellipses are equal size (copy/paste) they seem dancing around the following fib circles coloured...

Candle_Styx Updated 

It has been a while since i posted something here. Thank you for still following me. I had a macro look at dogecoin using my previously published secret about the 9-10.618 Fib and thought to share my findings with you. First have a look and see the targets given by my custom fibonaci template which shows the area of 9-10.618 notice how precise it calls the...

Candle_Styx

In this tutorial, we'll dive deep into the art of technical analysis using the Dogecoin USD chart as our canvas. You'll discover how to blend Fibonacci tools, Elliott Wave Theory, and the Wyckoff Method to forecast potential market movements. Whether you're new to trading or looking to refine your analytical skills, this guide will provide you with practical...

Candle_Styx Updated 

doge finished 5 waves down ran for the a+b now preparing for the C doge aproaching the corner of a triangle programed for breakout by latest 20-21 december TD sequential closed 9 red candle styx and i am expecting a new green count any day now. the current daily candle seems to be closing as a bullish hammer candle in 15 minutes. holidays are fast aproaching...

Candle_Styx Updated 

Successful traders spend 90% of their time waiting. Could it be the wait is over? Is it time yet? I think so! At least around the corner. Doge weekly is going to print bullish divergence soon and is targeting 0.87 minimum here you see the bullish divergence on the daily.. the wick from yesterday has touched the bottom Bollinger Bands making a lower low in...

Candle_Styx Updated 

we hit the 21 MA which also coincides with a test of support. and as long as we do not close this weeks candle lower this is looking rather healthy and bullish to me.

Candle_Styx

the total crypto market cap excluding BTC is showing a cup n handle formation. break out target is somewhere 3,7-4 trillion. break out point seems to be the new month. in 4 days we are Closing the monthly candle. you can see here that the handle is forming also a ascending triangle that comes to and end exactly when we switch the month. big picture

Candle_Styx

looking at the doge btc pair i see another idea. weekly is on a green TD 8 still and there is a chance that we close it green in 5days then id be looking for a huge 9 (with slight chances of dump to 600 sats and then or otherwise target to 2300 sats for wave 5 and to complete the TD sequence and of course reach measured target of the bull pennant which shows...

Candle_Styx

dont take me serious ist just an experiment

Candle_Styx

Volume is growing in the big picture

Candle_Styx Updated 

let see if we get the next one as well

Candle_Styx Updated 

just some experiment and not financial advice he who looks will see endless possibilities