BTCUSD Alignment 76% gains
Hi there. I'm not a pro, I'm afraid of shit like most people but not so much that I get paralyzed. I use the Boss Method for charting and I feel like there are a lot of things that line up pretty well with this chart.
The MA's are 7,77 and 231.
Vertical Fib: Starts at the "lightning moment" around feb-march of last year and tops out at top of candles around jun-july of last year.
Horizontal fib: Starts at the same point, ends after the first peak, the break-down moment in july of 2019.
Dashed lines: the bottom line represents the trending support line going back to the lowest point since 2015, the top line has the same vector and represents the top of a reasonable channel
Sine wave: begins at the "lightning moment" before the run up in 2017, apex point is at the peak in jan 2018.
All that said I feel like a reasonable spot to buy BTC will be between 4300 and 4800. Historically BTC rebounds to at least the .5 if not the .618 on the Fib. if that holds true then 76% gains over the next few months is likely. The Sine wave shows upward energy between the 3.2 and the 3.6 just after the historically average 50 day period of sideways time. This is also probably around the time we will be coming out of the C virus issue. The sinewave also completes this cycle of energy at the Horizontal Fibs 4.6 probably around January of next year.
BTC bounces of the support line usually a few times...for 50 days.. so if you think you missed out you probably didn't. I have found the best fastest way to buy/sell/hold and spend BTC and some other cryptos is with the Monaco/Crypto.com VISA card. The UI is awesome and fast, you can trade in and out of BTC (some other cryptos too) and TUSD in under a minute if you have a panic moment like me. So if you don't have one it seems like you have about 2 months to apply for and get one.
Wait for the 7 to go above the 77.. Good luck!
I guess leave me a comment if you agree or disagree with my analysis.
The MA's are 7,77 and 231.
Vertical Fib: Starts at the "lightning moment" around feb-march of last year and tops out at top of candles around jun-july of last year.
Horizontal fib: Starts at the same point, ends after the first peak, the break-down moment in july of 2019.
Dashed lines: the bottom line represents the trending support line going back to the lowest point since 2015, the top line has the same vector and represents the top of a reasonable channel
Sine wave: begins at the "lightning moment" before the run up in 2017, apex point is at the peak in jan 2018.
All that said I feel like a reasonable spot to buy BTC will be between 4300 and 4800. Historically BTC rebounds to at least the .5 if not the .618 on the Fib. if that holds true then 76% gains over the next few months is likely. The Sine wave shows upward energy between the 3.2 and the 3.6 just after the historically average 50 day period of sideways time. This is also probably around the time we will be coming out of the C virus issue. The sinewave also completes this cycle of energy at the Horizontal Fibs 4.6 probably around January of next year.
BTC bounces of the support line usually a few times...for 50 days.. so if you think you missed out you probably didn't. I have found the best fastest way to buy/sell/hold and spend BTC and some other cryptos is with the Monaco/Crypto.com VISA card. The UI is awesome and fast, you can trade in and out of BTC (some other cryptos too) and TUSD in under a minute if you have a panic moment like me. So if you don't have one it seems like you have about 2 months to apply for and get one.
Wait for the 7 to go above the 77.. Good luck!
I guess leave me a comment if you agree or disagree with my analysis.
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