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Btcusdsignals

BITCOIN Amazing Channel and Time Fibonacci reveals the next Top!Bitcoin (BTCUSD) is again attracting a lot of interest as it recovered the recent pull-back and even made a new weekly high. Those who follow us over the years know that through fractal and Cycle comparisons we have managed to identify key runs before they happen. ** Hitting the 1W 50 for the first time in 11 months ** Now, as BTC just hit its 1W MA50 (blue trend-line) and is attempting a closing above it for the first time since late March 2022, the new Bull Cycle is starting on a V-shaped recovery. Using the Fibonacci Channel levels and the Fibonacci Time extensions, we have identified a unique Cycle combination that can show where this Cycle's Top could be and it has never failed in Bitcoin's history. ** Fibonacci Channel ** By applying the Fibonacci Channel from the bottom of the 2011 (November) Bear Cycle to the tops of the 2013 (December) and 2017 (December) Bull Cycles, we see that the bottom of the 2014 Bear Cycle was on the 0.618 Fibonacci (green circle). The bottom of the next 2018 Bear Cycle was on the 0.5 Fibonacci (blue circle). We get the exact same results if we apply the Fibonacci Channel on the bottom of the 2015 (August) Bear Cycle to the tops of the 2017 (December) and 2021 (November) Bull Cycles. 2020 bottom near the 0.618 Fibonacci (green circle) and bottom of the next 2022 Bear Cycle near the 0.5 Fibonacci (blue circle). ** The Time Fibonacci extensions and Halvings ** If we apply the Time Fibonacci approach on the first two Halvings (1 & 2) we wee that the December Top of the 2017 Bull Cycle was on the 1.382 Fibonacci extension. We get the exact same result if we apply this metric on Halvings 2 & 3. The November 2021 Bull Cycle Top was on the 1.382 Fibonacci extension. Both Tops formed within 510 - 530 days from their last Halving. ** Where can the new Top be? ** If we apply the same methodology on the February 2019 bottom and November 2021 top, we see that consistent with the previous Fibonacci Cycles, the November 2021 bottom took place on the 0.618 Fibonacci Channel retracement level. If the pattern is completed the same way as the previous two, then the Top of the Bull Cycle that has just started should be at the top of the Channel (Fib 0.0) around the 1.382 Time Fibonacci extension from the Halvings. This gives a rough estimate of $120000 byAugust 2025! Do you agree with the results that this approach that has never failed in history, gives? If not what is your expected top for this Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
16
BITCOIN The Gaussian Channel, last barrier before the new rallyBitcoin (BTCUSD) has been pulling back since the start of the month as it came close to the 1W MA50 (blue trend-line) but as it failed to break it, it got rejected. This is putting a pause to the January rally and on the 1W time-frame a very interesting pattern is emerging. Based on the Gaussian Channel, this is a recurring pattern, a formation which combined with the Fibonacci retracement levels, has been seen as the start of both previous Bull Cycles (2015 and 2019). ** Triangle into Cup recovery and the importance of the 0.382 Fibonacci ** First of all, as you see, all Bear Cycles have started with a Triangle pattern and after the Support of the first Bear Low broke, they collapsed aggressively. As the Bear Cycle bottomed, the collapse started to reverse within a Cup pattern (U-shaped recovery). A break and 1W candle closing above the 1W MA50, confirmed the extension of the initial bottom rally into the new rally of the Bull Cycle. Notice how the 0.382 Fibonacci level was the 'Support of the first Bear Low' we talked above and once it broke caused a strong spike and later served as a Support itself. ** The Gaussian Channel and the LMACD ** This time the Gaussian Channel's bottom is exactly on the 1W MA50 with the 0.382 Fib not that far above them. As a result a break into the Gaussian Channel this time will result into all major Resistances breaking almost at once. Also it is very interesting to look at the 1W LMACD and how every time BTC tested the 1W MA50, it was on the 0.00 level. Every time it closed above the 1W MA50, the LMACD broke above the 0.00 as well. ** Where to buy now? ** It is worth noting that after the July 2015 1W MA50 rejection, the price fully filled the gap of the January 2015 Bear Bottom. But that was entirely due to the Bitfinex hack on August 17 2015. Had it not been for this, the pull-back would have been contained on the 0.236 Fib or at the very worst, the 0.118 Fib (green level). In April 2019 for example, during that 1W MA50 rejection, the price was supported by the 0.236 Fib. For comparison purposes, the current 0.118 Fib is at $18800. See the chart below, we have made the comparison of the FTX and Bitfinex crashes back in November 14 when the market was at its highest Fear level and nobody expected a rebound. So far it has been playing out very accurately: It is easy to understand that we are near a critical Resistance cluster, which if broken will start the next rally phase and Bitcoin won't look back. Are you waiting for max pain at $18.8k to get in or you have bought already? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
12
BITCOIN The Pitchfork approach that reveals the Bull Run!Why don't we see the Pitchfork tool applied to Bitcoin (BTCUSD)? We show on today's analysis that this often very overlooked technical tool has been particularly spot on at identifying BTC's Bull Runs. It is a simple application and we will keep the commentary that way. As you see on this 1W time-frame, we have applied the Pitchfork from Bitcoin's first Low to the 2014/15 Bear Cycle. As you see the Fibs drawn, provide an excellent framework for the majority of the Bull Cycle's trajectory: * The 2015-2017 Bull Run was almost entirely within the 0.5 (dashed blue trend-line) and 1.0 (solid blue) Fibs, until it broke in the final month of the Bull Cycle to peak on the FibMA Multiple 7. * The 2019-2021 Bull Run started off more aggressively as it was initially hyped by the Libra news but later corrected within the 1.5 (dashed black) and 2.0 (solid black) Fibs. * The new Bull Run has started after the November (FTX crash) bottom and is now within the 2.5 (dashed orange) and 3.0 (solid orange) Fibs. This should technically by the new Channel Up for the new Bull Run. It appears that each Bull Run is a whole 1.0 Fib level lower than the previous one. This is consistent with Bitcoin's Theory of Diminishing returns over time. Also all bottoms hit or came extremely close to the 1W MA350 (bold green line). We can estimate in addition a rough 121 week (847 day) time range from the bottom of the Cycle to the Top of the top of the next one. This gives us a projection for the next Cycle Peak on March 2025. As for what price the actual Top can hit? Moderate scenario the Multiple 5 (orange) and aggressive scenario the Multiple 7 (red). Do you agree with the conclusions of this Pitchfork approach? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
31
BITCOIN Death Cross targeting the 1D MA50 based on the DXYBitcoin (BTCUSD) is about to form a Death Cross pattern on the 4H time-frame, which is when the 4H MA50 (blue trend-line) crosses below the 4H MA200 (orange trend-line) thus making short-term selling pressure stronger than buying. The pattern as you see is a Channel Down ever since the February 02 High and the Support Zone is 20700 - 20420. This is where the 1D MA50 (green trend-line) is headed to, which is Bitcoin's long-term Support during uptrends. At the moment as you see the 4H MA200 is acting as the Resistance. But it is the developments on the U.S. Dollar Index (DXY), the chart on the right, that is spearheading this move on BTC. It just formed a 4H Golden Cross (the opposite of the Death Cross = bullish) and as shown, the price is breaking above the Channel Down that has been trading in since the November 21 High. A break above the 103.980 Resistance (1), most likely targets Resistance 2 (105.650). The 1D RSI being on Higher Highs while the price was on Lower Highs (i.e. a Bullish Divergence) is evidence that a break-out is about to take place. In conclusion, a direct hit of BTC within the 20700 - 20420 Support Zone and more importantly on the 1D MA50, would be the most optimal medium-term buy entry, especially if this is coupled with the 1D RSI turning oversold (30.000 level). Would that be a good enough level for you to buy for the next wave upwards? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSD
by TradingShot
12
BITCOIN Alignment of Cycles is the Ultimate Cheatsheet!We have done similar studies before, aligning past Bitcoin (BTCUSD) Cycles to get a projection of the current one. We have used Halvings, Peaks, Bottoms etc but this is the first time that we don't just use everything into one mega analysis, but also incorporate the Fibonacci retracement and extension levels that show not only the Buy Zones put also the peak projection, making this study the Ultimate Cheatsheet! ** Cycles Tops and Bottoms ** The chart is pretty much self-explanatory. The time-frame on the 1W (weekly) and the starting point of all Cycles (we use the past 3, the first one is too aggressive to be relative for conclusion on this study), is their respective Tops/ Peaks. We didn't distort any Cycle, all are just they way given by the Bars Pattern on their log scale. The orange trend-line represents Cycle 2022/23 (the current one), the black trend-line represents Cycle 2018/21 and the blue trend-line represents Cycle 2014/17. ** Cycle Convergence - Divergence and the Buy Zones ** As you see, their alignment during their Bear Phase of their Cycles is remarkably tight, as the don't diverge by as much as one would expect. With the use of the Fibonacci levels, taking as Fib 0.0 the bottom of the 2018/21 Cycle (Black), we can designate two Buy Zones: The first one within Fib 0.382 - 0.236 and the Ultimate within Fib 0.236 - 0.0. As you see the current Cycle made a bottom and bounced just over the Ultimate Buy Zone. What's really interesting, is that the 2014/17 (Blue) and 2018/21 (Black) Cycles always converged after a divergence, which simply indicates the standard nature of the course of each Bull Cycle. We have to mention at this stage that the big divergencies of the 2018/21 Cycle was first on the April - June 2019 rally due to Facebook's Libra enthusiasm/ speculation and second September - March 2020 due to the massive money printing and rescue packages to stimulate the economy from the COVID lockdowns. ** The amazing Halving Symmetry ** We have also incorporated the Halvings and as you see the symmetry is astonishing as all there are within a 2 month range. Halving 4, which is the next one is in the middle (May 2024), Halving 3 is on the left (May 2020) while Halving 2 is on the right (July 2016). This is just another demonstration of Cycle stability. Keep in mind that the Halving events are major cyclical events for Bitcoin as they cause a Supply Shock, thus stimulating the Demand. It is no coincidence that the Phase of the Parabolic Rallies has always started after the Halving. ** Where will this Cycle Peak? ** As for the projected peak, since every Cycle offers diminishing returns, the Peak is (or should be) lower each time. The 2014/17 Cycle (Blue) peaked on the 2.618 Fibonacci extension and the 2018/21 (Black) peaked on the 1.618 Fib. The next range in line is the 1.382 - 1.236 Fib Zone, which is approximately within $100k - $132k. A projected path (orange dotted line) to this Target Zone doesn't again diverge much from the other Cycles. We have to also account for outside fundamentals/ news, moving the projected trend higher if news like those in 2019 (Libra) or 2020 (stimulus) inject a new wave of enthusiasm into the market. For that reason, we have added a projected path to an extremely positive scenario (see chart below) than trends in the middle of the Black and Blue Cycles and shows a Peak above Fib 1.618, roughly above $250k. Unrealistic or not, it is a projection taken from this specific model. Do you think this is the Ultimate Cheatsheet for Bitcoin or not? Feel free to let us know why in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
7
BITCOIN is having a consolidation similar to December.Bitcoin (BTCUSD) got rejected yesterday on the 4H MA50 (blue trend-line) and fear seems to be returning to the market for no particular reason. The price is above both the 4H MA200 (orange trend-line) and more importantly the 1D MA50 (red trend-line), which is the long-term Support during bull runs. The STOCH RSI on the 1D time-frame made a Bullish Cross inside its oversold Support Zone and the last time we had a similar occurence was on December 20. That was again with the price below the 4H MA50. It consolidated until December 30 after which Higher Highs/ Higher Lows started, until the Parabolic Rise of January. The Bars Pattern of December - early January fits very well the price action from January 20 until today. In fact it matches perfectly a projected contact with the 1D MA50 (which as mentioned is the long-term Support) and timing a January-like rally ideally. A +30% rally from yesterday's low gives a medium-term target of $29000. Would you agree? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSD
by TradingShot
26
🚀 Short BTC/USD Trade Opportunity at $22620 💰Description: 💱 The cryptocurrency market can be highly volatile, and short trading can be a way to take advantage of potential price decreases. In this scenario, I'm proposing a 🔽 short trade in BTC/USD, with a selling price of $22620 and a take profit level of $21100. The stop loss level is set at $23500 to limit potential losses. Please keep in mind that 🔙 past performance is not a guarantee of future results, and it's important to have a solid 💼 risk management strategy in place when trading cryptocurrencies. Hashtags: #BTCUSD 💰 #ShortTrade 🔽 #CryptoTrading 💱 #RiskManagement 💼
CRYPTO:BTCUSDShort
by ss7trader
BITCOIN 1W MA50 and 1D RSI aligned with previous Bull Cycles!This is the 3rd week in a row that Bitcoin (BTCUSD) comes that close but struggles to break above the 1W MA50 (blue trend-line). Technically speaking that alone is a major Resistance. But if you check at the same time the start of all previous Bull Cycles, you will see that it was the 'Resistance-to-beat' during all. More specifically during every new Bull Cycle, every time the price rebounded towards the 1W MA50 after a market bottom, it struggled there for a few weeks before it broke convincingly above it (exc Jan 2012 marginal break but still corrected for a few weeks before rising). What's more interesting is that this short-term weekly correction was achieved after an already massively overbought 1D RSI got rejected at (or near) the 88.00 'First Rally Resistance'. As you see this is what happened on all new Bull Cycle starts: April 01 2019, June 29 2015 and December 26 2011. And it is what just happened now. The target after the 1W MA50 break-out has been the 0.5 Fibonacci retracement level, which we call 'Price equilibrium' and is sitting at $32650. Notice how each Cycle regardless of length or price range, tends to follow a similar wave structure. Will the 1D RSI turning 55.00 be a good enough level for you to buy as in 2019 or waiting for 37.00 as in the first two Cycles? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
10
BITCOIN 1W Supertrend is bullish and not looking back!We have used the Supertrend indicator on Bitcoin (BTCUSD) extensively, especially on lower time-frames with great accuracy. This time we take a look on the 1W chart where the Supertrend has been green since the second trading week of January. Throughout BTC's history every time the Supertrend turned green after such an RSI rebound, the bottom of the Bear Cycle was formed. The strength on such Supertrend rallies is normally so strong that the price typically rarely breaks or more importantly closes below the supporting line (floor). Bright exception has been of course the build up to the 2022 COVID crash (which as mentioned countless times is a 1 in 100 years event, thus an irregularity). This 'floor' of the Supertrend has now been lifted to $17240, which was unthinkable in e.g. December as it was a Resistance. Traditionally we don't see immediately pull-backs to the floor on the first Bull Cycle rally. Instead, when the price breaks above the 1W MA50 (blue trend-line), BTC has always reached the 1W MA100 (green trend-line) before a major Bull Cycle pull-back. The 1W MA100 is currently at 36150 (and falling). So with the 1W MA100 around 36k and the Supertrend's floor at 17.2k and rising, does that look like a solid Risk/ Reward ration trade for you or not? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
20
BITCOIN Perfect structural repeat of the 2019 rally?On the previous analysis we talked about Bitcoin's (BTCUSD) emerging Golden Cross on the 1D time-frame and how it is clashing with the emerging Death Cross on the 1W time-frame. Well the 1D Golden Cross has been formed today and automatically draws our attention to the 1D Golden Cross of April 23 2019. This was formed just after the early 2019 rally begun. So the question that pops out is this: 'Is BTC repeating this rally?'. So far we can surely say that the structure since the November 21 2022 bottom resembles almost perfectly that from January 29 2019 to April 23 2019 and that 1D Golden Cross. As you see on the chart, both sequences started with a Channel Up on the 1D MA50 (blue trend-line), then consolidation before a hyper aggressive wave that broke above the 1D MA200 (orange trend-line) that later formed the Bullish Megaphone pattern that led us to the Golden Cross of today. RSI wise we are on the very same Bull Flag along the price's Megaphone. Following the Golden Cross, the 2019 structure rose another +150% from the day of the Cross to the June 26 2019 High. Obviously that rally isn't easy at all to be recreated as it was additionally fueled by the Libra fundamentals and a +150% rise from today's lows would put the peak of the rally at $57000. Unrealistic or not, it is yours to judge, so feel free to let us know of your opinion in the comments section below! Are we repeating the 2019 rally? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSDLong
by TradingShot
18
24200USD Was The Top, Here's whyI've been bearish on Bitcoin since 22500USD. Now that the price is breaking through structure, I'm convinced that Bitcoin has reached its local high. Why is the top in? The price went up for 34 days, which on average is half of a whole Bitcoin daily cycle. If we're lucky, the top will fall in the right half of the cycle, but this is too early to tell. We must wait until the end of February. Secondly, we're seeing a daily bearish divergence on the rsi. This also happened at the first top at 65k. Lastly, If you zoom into the hourly chart, youi'll notice that Bitcoin broke out of its rising channel, which is the structure i talked about in the first paragraph.
COINBASE:BTCUSDShort
by FetchTeam
BITCOIN 1D Golden Cross vs 1W Death Cross. Which will prevail?Two major technical events are about to be materialized for Bitcoin (BTCUSD). On the 1D time-frame a 1D Golden Cross, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line), is about to be formed, while on the 1W time-frame a 1W Death Cross, which is the opposite, is about to be formed. So what do those conflicting formation tell us? And which one will prevail? We decided to view this through the dominant technical patterns available. As you see right now the one that stands out is an Inverse Head and Shoulders (IH&S), which is a pattern typically seen on market bottoms. This is one of the drivers that guide BTC at the moment. In similar fashion, it was a Head and Shoulders (H&S) pattern that formed the November 2021 market top and initiated the Bear Cycle. The symmetry on that pattern is remarkable as the price dropped -52.50% from the H&S top to the bottom of the Right shoulder, and another -52.50% from that level to the bottom of the Bear Cycle. Similarly, depending on where the IH&S neckline is formed, we expect an proportional rise. If the neckline is formed on the best case scenario a little over the 1W MA50 (blue trend-line) at 27000, completing a +73.80% rise, then another +73.80% would put BTC's next bullish wave to around $47000. If on the other hand the price peaks now within the green neckline and just below the 1W MA200 (orange trend-line) completing a +56.50% rise, then another 56.50% would but the top of the next wave at around $38500 before the next pattern emerges. It is not unlikely to the medium-term High here as based on the 1D RSI Bearish Divergence (being on Lower Highs against the price's Higher Highs) indicates that the rally is losing strength. The 1W RSI however marginally missed the 60.00 mark and indicates that there is still room for the rally to grow before it turned overbought at 80.00. Which one do you think will prevail? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
5
BITCOIN The potential Resistance in 2023 based on the DXY.In continuation of our recent BTC-DXY cross comparison studies, we will quickly bring you today a trend-line that may have gone overlooked and can pose a real Resistance to Bitcoin (BTCUSD) in 2023. As you see, if we exclude the March 2020 COVID crash period which is a non-technical irregularity, there is an underlying trendline on both assets, which on Bitcoin was the Support since late 2016 while on the U.S. Dollar (DXY) was its Resistance. A more controlled rise/ decline respectively may provide the true Resistance level in 2023. What are your thoughts? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
19
BITCOIN Major bullish signals aligned.Powell's icing on the cakeLots of euphoria yesterday after Jerome Powell's Press Conference where he gave the markets what they wanted to hear regarding future policy and how inflation is under control. The rates got increase by +0.25% but on a lower rate than the previous meeting. This may just be the icing on the cake for Bitcoin (BTCUSD) as technically we are close to three major indicators aligned for a huge triple buy signal. We have moved up a time-frame to 3W to see an even longer term perspective that successfully filters out all the noise of short-term fluctuations. As you see, the RSI is already above its MA, the LMACD should complete the Bullish Cross on the next candle while STOCH is just below the 49.50 level. This is the last hurdle to overcome before BTC issues this triple buy signal as it is the level where STOCH got rejected on June 2015 and delayed the rally for another 2 months with one last low. However the LMACD Bullish Cross was formed after this low so if we get it on the next candle then most likely STOCH will be above the 2015 rejection point as well, or it will be invalidated. Will this final alignment put the new Bull Cycle beyond doubt? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
9
BITCOIN The Super Cycle Theory based on the USDThis is not the first time we look into the Super Cycle Theory, which is the idea that Bitcoin (BTCUSD) may have just finished its 2nd Cycle instead of the traditional notion of the Four Cycles driven by the Halvings. It is however the first time we look into it using the U.S. Dollar Index (DXY) and our favorite CN02/CN20Y ration (Chinese Bond Yields 02Y/20Y). As you see on this 1W chart, this correlation is indeed eye-opening as it paints very efficiently the picture of the two Super Cycles. The DXY (strong) pull-back shows that we are past leg (6), which is the bottom of the Super Cycle and have entered the rally phase. The Higher High on the CN02/CN20Y shows that we could be much closer to the start of the parabolic part than we think. If the DXY extends its aggressive decline, it will confirm the latter notion but a rebound and multi-month consolidation (on the DXY) will take us more smoothly into the rally phase. Do you agree with this Super Cycle Theory based on the USD? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
10
BITCOIN The new Geometric Cycle has begun. $150k within reach.Bitcoin (BTCUSD) is rebounding aggressively after the LMACD on the 1W time-frame hit and bounced on its historic Support that formed the 2015 and 2018 Cycle bottoms. This suggests that the new Bull Cycle has begun and to keep a better perspective, we have plotted the Geometric shapes from bottom-to-top. Along with the Ichimoku Cloud and Fibonacci MAs, they paint a fair projection of where the price will trade to from now on. First consider that the next Cycle bottom could be around October 2026 if the (approximately) 1430 day (205 week) time range holds. The next (and final according to this model) bullish confirmation of the new Cycle is the price entering the (red) Ichimoku Cloud. When this happened in June 2012, October 2015 and May 2019, the Bull Cycle never looked back (obvious exception of course is the March 2020 crash due to COVID). Then a break above Multiple 3 of the Fib MAs, will most likely kick-start the Parabolic Rally (but most likely this will be after Halving 4), as it has done during all previous Bull Cycles. A nice touch of the current study is the plotting of the past Cycles inside the projected current one. With its geometric adjust, all fit fairly easily within. On average, we should see the next Cycle Top around August 2025. Do you agree with the above? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
7
BITCOIN The month is closing on an enormous buy signalWe only look at Bitcoin (BTCUSD) on the monthly time-frame when it is necessary to keep a long-term perspective and not miss the big picture. This is one of those times as the monthly (1M) candle, following January's hyper strong rise and impressive start to the year, is now testing the 1M MA50 (blue trend-line). This is a critical Resistance and last time BTC closed above it was on July 2022. Needless to say, a close above it will be a massive buy signal. The true catalyst though may be the 1M RSI. As you see it is also testing its MA trend-line (yellow), having been trading below it since May 2022. The real interesting fact here is that every time the 1M RSI broke above its MA, Bitcoin was well past its bottom and trading on its new Bull Cycle. An astonishing feat is that the time range between those RSI monthly break-outs is quite similar, 39 months then 42 months and if it closes above it now, then 45 months. We can say that each sequence is 3 months longer. On top of that, the 1M candles that made those break-outs are not far off in terms of rises, each representing very strong monthly closings (+47%, +33%, +33% and now +40%). Based on all the above, it appears that the market is on the verge of breaking out to a new multi-month rally. Do you agree? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
36