BTC Ichimoku time theory idea
Updated
I'm trying to look at all angles so this is ichomoku time theory.
Using the numbers highlighted in the ichimoku time theory week 42 was significant in the previous bear trend when we broke below the $400 mark (65% drop like $20000 to $6000 in this bear trend).
This would result in a breakdown to roughly $2500 as a bottom before a start up with week 172 being an ATH again in april 2021.
Using the numbers highlighted in the ichimoku time theory week 42 was significant in the previous bear trend when we broke below the $400 mark (65% drop like $20000 to $6000 in this bear trend).
This would result in a breakdown to roughly $2500 as a bottom before a start up with week 172 being an ATH again in april 2021.
Note
Took longer than expected but we have the direction and some volatility back. Looking back at 2014 i wouldn't be surprised with another testing of 6000 before we fall again but volatility is back so i can get back into trend trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.