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Btcaudanalysis

BTC USD - Sunday 4th August 2024Additional Chart for previous idea. BTC-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 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. Snake Plissken signing out Peace in the Middle East. f.society, f.police, f.govt, f.politicians.
INDEX:BTCUSD
by kryptologic
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.
INDEX:BTCUSD
by kryptologic
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.
by kryptologic
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.
BITSTAMP:BTCUSD
by kryptologic
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.
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by kryptologic