BTC Dip - Sunday 4th August 2024BTC-USD BABB 12 Hour Chart
Sunday 4th August 2024
We appear to have melted through the channel marked out, but are on target for the Fibonacci retracement levels of $59,460 USD . We have already hit $59,877 and we have a lower fib level of $58,170 USD to hit, which I think we would get a good bounce off to continue trading in the range we have seen the last month or two.
I did say in the previous report that in AUD it translates to a $90k to $94.5k AUD buy range, which would be a good entry if you wanted to trade this chop. We are currently at $93k AUD, and did dip into the GETTEX:92K area. Keep some bids in for some lower dips to lower your average buy price.
On the daily, we are on a TD5 count and if this was to be perfected, we are looking at a low on Wednesday 9th August before we head back up into the top of the range.
Note there has been weakness in the DXY, and BTC has followed on the news of weak unemployment figures in the US and talks of possible rate cuts in September, all lining up to prop up markets leading into the US elections.
Be on the look out for more PsyOps, Cyber Attacks or war flare ups which would increase the cost of crude oil and crash markets.
Stay vigilante Crypto Pirates.
Peace in the Middle East.
f.society, f.police, f.govt, f.politicians.
BTCAUD
BITCOIN IS THE NEXT AMAZONMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen BTC can start its move higher . This needs to be watched carefully.
BTC To The MOON
Please watch the video for more information
Bitcoin - Dont Fear The Dip MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level but should go lower when ready. This is a bullish structure and dips are buys, when these dips happen BTC can start its move higher . This needs to be watched carefully.
BTC To The MOON
Please watch the video for more information
Combined script of MavilimW and DARVAS BOXBuy Signals:
MAVW Buy Signal: This signal is generated when the MAVW crosses above its previous value. You can use this as a bullish confirmation.
Darvas Box Buy Signal: The Darvas Box doesn't have a specific buy condition defined in your code, so you might want to add one. Typically, traders look for price breaking out above the upper boundary of a Darvas Box as a potential buy signal.
Sell Signals:
MAVW Sell Signal: This signal is generated when the MAVW crosses below its previous value. You can use this as a bearish confirmation.
Darvas Box Sell Signal: Similar to the buy condition for the Darvas Box, you can define a sell condition based on the price breaking below the lower boundary of a Darvas Box.
To make these signals more actionable, you can consider using a combination of these conditions. For example:
Ideal Buy Points:
Buy when MAVW crosses above its previous value (MAVW Buy Signal) AND the price breaks above the upper boundary of a Darvas Box (Darvas Box Buy Signal).
Ideal Sell Points:
Sell when MAVW crosses below its previous value (MAVW Sell Signal) OR the price breaks below the lower boundary of a Darvas Box (Darvas Box Sell Signal).
Keep in mind that you may need to adjust the parameters and conditions based on the specific financial instrument you are trading and the time frame you are using. Additionally, consider using stop-loss and take-profit levels to manage risk and lock in profits when trading with this strategy. It's also a good practice to backtest the strategy on historical data to evaluate its performance before using it in a live trading environment.
BTC AUD Price Monthly Chart Leading into the End of the YearBTCAUD Monthly Chart
VZO PZO is indicating it is overbought.
Saturday 12th August 2023
Monthly Chart
Take note crypto pirate heads, we are on a green TD8. USD Chart -
The candle is green so far just above the short MA.
So we could be up for 1 more month of upside, if any? Then a 1 to 4 correction leading into the end of the year, which is what we encountered in 2019, and similar downturns leading into the end of the year in 2014 and 2018.
The halving is now estimated to occur on the 5th April 2024.
So this is sort of playing out as in previous halving's where there is a bit of a downturn, or choppy mostly sideways action before BTC rips. So, could we be seeing a similar sequence of events here? Time will tell.
But also be aware of macro market events worldwide, could also have a impact on BTC price. September / October 2023 will be interesting to see what happens with stocks and bonds and how it impacts BTC price.
We may get some more juicy entry points that others may not anticipate, or we could see complete decoupling of BTC price action compared to fiat systems.
If you bought in Feb this year when the blue hash ribbon signal flashed a buy, you are sitting pretty good at this point, well positioned for the next halving / post halving rocket.
Time will tell.
In AUD terms we are currently sitting at $45,260. We could see price move up to circa $46,966 to $48,579 before we see the 1 to 4 correction or we could just continue to chop sideways. It will be interesting to see if we get sub $33,707 AUD.
Happy sailing crypto pirates!
f.govt, f.society f.banksters f.police
Snake Plissken is clockin out.
BTC - Leading into the end of the year - 2023Saturday 12th August 2023
Monthly Chart
Take note crypto pirate heads, we are on a green TD8.
The candle is green so far just above the short MA.
So we could be up for 1 more month of upside, if any? Then a 1 to 4 correction leading into the end of the year, which is what we encountered in 2019, and similar downturns leading into the end of the year in 2014 and 2018.
The halving is now estimated to occur on the 5th April 2024.
So this is sort of playing out as in previous halving's where there is a bit of a downturn, or choppy mostly sideways action before BTC rips. So, could we be seeing a similar sequence of events here? Time will tell.
But also be aware of macro market events worldwide, could also have a impact on BTC price. September / October 2023 will be interesting to see what happens with stocks and bonds and how it impacts BTC price.
We may get some more juicy entry points that others may not anticipate, or we could see complete decoupling of BTC price action compared to fiat systems.
If you bought in Feb this year when the blue hash ribbon signal flashed a buy, you are sitting pretty good at this point, well positioned for the next halving / post halving rocket.
Time will tell.
In AUD terms we are currently sitting at $45,260. We could see price move up to circa $46,966 to $48,579 before we see the 1 to 4 correction or we could just continue to chop sideways. It will be interesting to see if we get sub $33,707 AUD.
Happy sailing crypto pirates!
f.govt, f.society f.banksters f.police
Snake Plissken is clockin out.
BTC/AUD | Short Assumption | Rate Hike NewsExpecting BTC to continue its push down range against the AUD off the back of interest rate hike news expected out of australia in the coming minutes. Expecting price to reach indicated TP-1 level and may even continue to push down further.
BTC AUDMonday 9th May 2022
The ascending channel is still in play
In this current bear, this is the second time it has tapped the bottom of this channel, so it could be getting ready to spring board up
But with all the uncertainty around at the moment, there could be some more downside, with wicks down to the next lower fib curve at $42,328.
So long as closes are above the bottom of the channel, we should see some upside and a test back up tot he 33 day MA and the downward yellow dashed trend line.
Approximately 24th June 2022 (24/06/2022 - 666) we could see a break up.
The bottom of the ascending channel and the yellow dashed descending trend line converge here.
Or this could be the sign of the break down further and final shake out of all the weak hands before the next grind up out of here, for the full parabolic move on the logarithmic growth curve we have been waiting for.
All MA's are tipping further down
MACD has some more downside to go before reversing
Price and volume oscillator has just triggered and oversold green signal, and has hit the bottom purple band indicating a bottom is in. From here, we could see a bounce into the middle of the ascending channel where the 88 and 147 day MA's are at ~ $$56,087 to $64,816.
Further downside could be located at the $33,689 TD Risk Level.
Tuesday 10th May 2022
The ascending channel is still in play
We have had a wick down to $43,607, but the body of the candle is still within the channel.
But, we are still only on a TD 3 count, so still early days.
If the channel gets broken, then next two Fibb channels are target buys.
💡#i31: GlassNode BTC Avg. #️HASHRATE Daily's👨🏻🔧🎇🧵Blazing into fresh grounds 🔥
Bitcoin Average Est. Hashes P/Sec
*Note* Current diverging strength 💪🏼
of the #HashRate as compared to
Softer BTC/Crypto Price action.
Detailed Variants of Idea Chart Below :
GLASSNODE:XTVCBTC_HASHRATE
COINBASE:BTCUSD
BINANCE:BTCBUSD
BINANCE:BTCUSDT
BITFINEX:BTCUST
FOREXCOM:BTCAUD
CRYPTOCAP:BTC
BTC 1 month time horizonStructure looking weak, kinda looks like a mini fractal of the April breakdown. If the lower high prints, further weakness
BTCAUD Hourly buy planFind my buy strategy for BTCAUD on the hourly chart. See the chart. Good luck!
BTCAUD Target Often wave five is 61.8% of wave 1+3. I have used this theory as my target zone. Good luck!
Biggest bull flag in historyThis won't end well for compulsive bears... New ath any moment, but for now be careful of the bull trap anove 39700 USD and keep some funds available if we touch down near 33333 USD, Grayscale is buying at the monthly trendline so anyone one who is dreaming about btc under 33k will be shorting straight into the wallets of institutions that know how to make better use of your bitcoin than you do.
Stay safu
Bitcoin 2020 vs SPX500 2012Broadening Descending Wedge/Bump and Run bottom.
Recover.
Flag.
Reach 0.1272 Fib and head and shoulder rejection.
Fall. Flag. Fall.
While making yet another Broadening Descending Wedge/Bump and Run bottom.
This is pattern after pattern, and the time duration and patterns in a row, are the same.
We're in for a shocking October. But, buy the f*ing dip.