Camarilla Pivot Points
BITCOIN. Yearly CAM. road to 100-200k? Cycle comparisonThis chart takes the 2015 - 2018 and compares it to 2020-2023
Camarilla levels from daily up to yearly. use previous time frames prices action and plot next levels on the first of the years.
(Example last 2020 Jan 1st. It plotted H3 and L3 (top and then bottom during covid scare) which is interested because on Camarilla pivots . H3 to L3 is just the projected range from the algos. I guess it is a good thing we had some fud to "explain them". How though.... did on January first. 2020.... did camarilla plot the H5 which was the breakout upside target... that got hit exactly on the last day of the year. Even though it was plotted 365 days earlier during supposed bear covid times.
I am not here to convince you that the precedence of algos in the markets being more meaningful than institutions. However, These levels and their practice still get plays, reactions, and reached.
Where are we now? We finished last year at H5... had a retrace after the yearly close. and to my surprise. We broke up and OVER the new yearly H4. Generally, in camarilla levels, that means to aim for the breakout target H5... which is waaaay up there. 200+K
SO I sat down. I looked at all these yearly levels. and looked at the last time this series of bullish after the bullish event has happened based on the self plotting levels the camarilla system has come up with for the yearly levels.
I was very shocked to find myself considering (where before I compared this year to 2017/2018) but I now am considering that we are actually in 2016. of a cycle. that will potentially see 110k this year and perhaps 200+ in 2023. That is if the habits and levels operate and the exponential growth factors turn out to be real.
not trolling. I myself and normally a bear at heart. Actually, there is cause to be nervous despite those targets because of how price operates on these Red levels which I made a not of.
Take a look. Take a read. Pay close attention to the price. its relationship with the levels. and the order of events. (like looking in a mirror if you can wrap your mind outgoing pivot by pivot and get bogged down with price considerations) from 2015 and early 2016.. and 2020 and early 2021 so far. I hope you enjoy the thought. good luck
REN long swing/breakout playit tested its weekly pivot exactly. and is holding on it. low time frames also have it in a trend tight triangle. but even if it breaks that to the downside the projected range reversal support floor is supposed to be L3 so it wouldnt be bad. Target H3. then H4-5 Stoploss L4
OCEAN weekly long swing setupEntry around new weekly pivot and L3. Stop Loss on L4 or halfway between L3/L4. Target for taking profit H3. And if lucky H4 5 and 6.
Weekly camarilla and CPR central pivot range methods.
BTC course plotted for this fall then rise then fall BITCONI think from this weekly pivot test and L3 it will rise and reach weekly H3 around 60 (coincides with monthly targets) . Now that the Pivot magnet is fufilled can soon be longed. Once monthly closes there will be a steeper fall and magnet retracement to the upper 40k areas
using weekly and monthly Camarilla and CPR
Ignore the time scale. I expect the bounce in the coming week. and the fall on or around monthly close
ETH plotted course for this fall then rise then fall.I believe we rise from here.. the weekly pivot we are testing. and during the week reach the H3 just over 2k. When this monthly closes it will have a steeper retracement to low 1700 area.
Using weekly and monthly camarilla pivots and CPR
Ignore the time scale. I expect the bounce in the coming week. and the fall on or around monthly close
CAUTION bitcoin BTC Weekly pivot retraceIt is a maybe. Because we almost always revert to new far away daily weekly monthly pivots when opened up away from them. Algos naturally revert the price down to them as a mean. This one is a bit of a wild card because we previously visited that area this weekened on saturday. The question is whether that counts or the market nature and algos will recognize it as such and if it even has a relationship to the retracement nature normally seen. Either way be protective here.
There are camarilla pivots weekly levels and the CPR central pivot range.
Daily btc breakout setup? bitcoinintraday new camarilla levels. L3 to H3 Range floor and ceiling projection. L4 and H4 are stop loss / breakout points. H5 and L5 targets. I am suggesting long here because we opened right on pivot. retrace taken care of. and indicators on low timeframes look potentially primed. Tight stop on L4 though
Warning for BTC bitcoin. Weekly pivotITs getting near that time. when the week is soon to close and once again we have another steep developing weekly pivot which along with the monthly pivots have been regulary been getting struck on and around the close of the timeframe. Ths current one is coming in around 53k area. it could be brought higher or lower with new price action before weekly close. it is something to be aware of if trying to set of for a nice reversion retracement. or if you just want to buy the dip you have an idea where that is likely to be.
Before 60. Sharp pivot retraceAs is almost always the case. runaway prices magnetically pull to their newly plotted central pivots.
That level coming a couplesand below. Is not something Ican do. However Ican give confidence as we go slowly and maybe lucking that retrace will also be our dip buy opportunity to 60k
Just be careful and take profits here. Dont buy untilt that pivot area. and dont care like you do not.
Camarilla pivots + CPR
BTC long targets and retracement potentialbased. on camarilla pivots on the monthly levels. if BTC holds the weekly breakout upside h4 pivot at 51.9 then I see it is fairly possible it strikes 55 and maybe monthly H6. keep in mind btc is already 7k ahead of its next developing monthly pivot.... and that in the last 37 months only were there 2 where price did not revert to its new monthly level... yet still made large moves near it. so possible very large move to the upside and downside are at play. one notable thing bulls have here is that there are not yet any weekly or monthly magnets holding them back.. and also 2day hidden bull divergence