LOTS GOING ON, SEVERAL POSSIBILITIES...BREAKOUT POINTS ARE, 8220 AND 7950,
THERE ARE 2 SYM TRIANGLES FORMING, BOTH ARE HIGHLIGHTED IN BLUE, ....ZOOM WAY OUT TO SEE THE HUGE ONE IN RED FROM $100 TO $20k
(some people are seeing downward trending triangles with a base at the 23.6 fib 7987, which matches up to the 3DAY 89EMA)
A WEEKLY CLOSE UP .... ABOVE THE WEEKLY 21EMA, IN LINE WITH THE DAILY 200EMA...CLOSING ABOVE BOTH OF THOSE ...VERY BULLISH!
THERE IS STILL OFFICIALLY A $15 GAP AT ABOUT 7685, EXPAND THE CHART, OR ANY CME CHART AND LOOK AT THE WICKS ON THE 4 HOUR, THEY DO NOT OVER-LAP , HAVE TO FILL THAT $15 SOME TIME...ALWAYS HAVE...DON'T KNOW WHY , BUT HISTORY RULES SO FAR...
CME's OPEN TONIGHT, A NEW SMALL GAP, ANOTHER, ...A SECOND ONE...MIGHT BE FORMED UP OR DOWN DEPENDING UPON OPENING PRICE,...
AND DON'T FORGET THE CME PREMIUM HAS BEEN UP TO $75-90 USD ON BITSTAMP ALL LAST WEEK.
IF BTC BREAKS OUT OF SMALL TRIANGLE UPWARD, SOON..., FOLLOW THE RED ARROWS THAT WALK UP THE MOVING AVERAGES AND THE BIG 50FIB (FROM ALL-TIME-HIGH 19880 TO 3125)...THEN UP TO THE DAILY 200SMA 9050-9100
OR CAN...BREAK DOWNWARD TO THE SMALL 50 FIB 7450, ...OF THE LATEST UP-TREND... THEN BOUNCE UP TO THE 32 FIB 7690, THEN DOWN THO THE 61.8-65 GOLDEN POCKET 7200-7150 ,...CLOSE THAT ANNOYING #@$!& $15 GAP(S) BUT STILL A HIGHER LOW, THE MONTHLY 21EMA IS HANGING OUT DOWN THERE TOO...THEN UP TO 9100 TO CREATE ANOTHER HIGHER HIGH...WORKING UP TO A TRUE HIGHER HIGH , BREAKING THE 9500 MARK...GOING UP TO THE BIG 61.8 FIB?? POSSIBLE....
SO...IF BTC DOES BREAK DOWN, ...FOLLOW THE RED ARROWS AND WOULD COMPLETE THE LARGER TRIANGLE, ...FILL ALL GAPS... TEST THE 61.8-65 GOLDEN POCKET AGAIN, ...BEEN DOING THAT A LOT LATELY...AND THEN BREAK OUT UPWARD AT THE RED DOTS=70% FULL, AND HEAD UP TO 9050...AND.....THAT LINES UP WITH THE DAILY 200SMA
LOTS OF MOVING AVERAGES CONVERGING RIGHT NOW, SOME SMALLER CROSSING OVER LARGER...BULLISH... AND AS ALWAYS...MY CHART IS BUSY WITH IN-LAID MOVING AVERAGES FROM THE MONTHLY, WEEKLY, 3 DAY, 2 DAY, AND THE DAILY, BUT THIS CURRENT CHART WORKS WELL ON THE 10 HOUR CHART
IF BTC IS GOING TO FOLLOW THE SMALLER TRIANGLE THE BREAKOUT SHOULD BE WITHING THE NEXT 1 0R 2.. 10 HOUR CLOSES, SHORTLY AFTER THE CME's AND GBTC MARKETS OPEN TOMORROW
NEXT BREAKOUT POINT IS ON JAN 23RD...BIGGER TRIANGLE
OH, AND THE 10HR STOCHS JUST STARTED HEADING DOWNWARD
AS ALWAYS OPEN AND EXPAND CHART AND ZOOM IN AND OUT THERE IS A LOT OF INFO HIGH-LIGHTED...LEAVE A COMMENT, WOULD LOVE TO HEAR YOUR THOUGHTS
AM I CRAZY OR NOT...LOL
THANKS!
THERE ARE 2 SYM TRIANGLES FORMING, BOTH ARE HIGHLIGHTED IN BLUE, ....ZOOM WAY OUT TO SEE THE HUGE ONE IN RED FROM $100 TO $20k
(some people are seeing downward trending triangles with a base at the 23.6 fib 7987, which matches up to the 3DAY 89EMA)
A WEEKLY CLOSE UP .... ABOVE THE WEEKLY 21EMA, IN LINE WITH THE DAILY 200EMA...CLOSING ABOVE BOTH OF THOSE ...VERY BULLISH!
THERE IS STILL OFFICIALLY A $15 GAP AT ABOUT 7685, EXPAND THE CHART, OR ANY CME CHART AND LOOK AT THE WICKS ON THE 4 HOUR, THEY DO NOT OVER-LAP , HAVE TO FILL THAT $15 SOME TIME...ALWAYS HAVE...DON'T KNOW WHY , BUT HISTORY RULES SO FAR...
CME's OPEN TONIGHT, A NEW SMALL GAP, ANOTHER, ...A SECOND ONE...MIGHT BE FORMED UP OR DOWN DEPENDING UPON OPENING PRICE,...
AND DON'T FORGET THE CME PREMIUM HAS BEEN UP TO $75-90 USD ON BITSTAMP ALL LAST WEEK.
IF BTC BREAKS OUT OF SMALL TRIANGLE UPWARD, SOON..., FOLLOW THE RED ARROWS THAT WALK UP THE MOVING AVERAGES AND THE BIG 50FIB (FROM ALL-TIME-HIGH 19880 TO 3125)...THEN UP TO THE DAILY 200SMA 9050-9100
OR CAN...BREAK DOWNWARD TO THE SMALL 50 FIB 7450, ...OF THE LATEST UP-TREND... THEN BOUNCE UP TO THE 32 FIB 7690, THEN DOWN THO THE 61.8-65 GOLDEN POCKET 7200-7150 ,...CLOSE THAT ANNOYING #@$!& $15 GAP(S) BUT STILL A HIGHER LOW, THE MONTHLY 21EMA IS HANGING OUT DOWN THERE TOO...THEN UP TO 9100 TO CREATE ANOTHER HIGHER HIGH...WORKING UP TO A TRUE HIGHER HIGH , BREAKING THE 9500 MARK...GOING UP TO THE BIG 61.8 FIB?? POSSIBLE....
SO...IF BTC DOES BREAK DOWN, ...FOLLOW THE RED ARROWS AND WOULD COMPLETE THE LARGER TRIANGLE, ...FILL ALL GAPS... TEST THE 61.8-65 GOLDEN POCKET AGAIN, ...BEEN DOING THAT A LOT LATELY...AND THEN BREAK OUT UPWARD AT THE RED DOTS=70% FULL, AND HEAD UP TO 9050...AND.....THAT LINES UP WITH THE DAILY 200SMA
LOTS OF MOVING AVERAGES CONVERGING RIGHT NOW, SOME SMALLER CROSSING OVER LARGER...BULLISH... AND AS ALWAYS...MY CHART IS BUSY WITH IN-LAID MOVING AVERAGES FROM THE MONTHLY, WEEKLY, 3 DAY, 2 DAY, AND THE DAILY, BUT THIS CURRENT CHART WORKS WELL ON THE 10 HOUR CHART
IF BTC IS GOING TO FOLLOW THE SMALLER TRIANGLE THE BREAKOUT SHOULD BE WITHING THE NEXT 1 0R 2.. 10 HOUR CLOSES, SHORTLY AFTER THE CME's AND GBTC MARKETS OPEN TOMORROW
NEXT BREAKOUT POINT IS ON JAN 23RD...BIGGER TRIANGLE
OH, AND THE 10HR STOCHS JUST STARTED HEADING DOWNWARD
AS ALWAYS OPEN AND EXPAND CHART AND ZOOM IN AND OUT THERE IS A LOT OF INFO HIGH-LIGHTED...LEAVE A COMMENT, WOULD LOVE TO HEAR YOUR THOUGHTS
AM I CRAZY OR NOT...LOL
THANKS!
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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.
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.