BTC on correction and bulls getting readyFirst, I would like to remind that this BTC channel is the same as usual. Minor trajectory corrections where performed on it.
The crypto scenario looks promising if we can confirm some other charts like USDT.D and USDC .D creating minor channel trends down (up for cryptos). I'll publish them ASAP .
I mentioned on other charts that BTC reaching 52k or 53k would be expected, but after this correction this looks like a preparation for a strong rise on BTC price.
Why this fall looks promising?
The bear movement wasn't that big. I know the full story wasn't written yet and it is still unfolding, but I'm finding support in the chart as it is right now.
Also, take a look at the linked chart below. At least, up to this point, there weren't surprises yet.
Channeltrend
QI (Benqui) curved channel and trajectoryFirst released draft of this coin. It is difficult that in a crypto of such low volume the channel is respected. I'm using it to have a clearer preview of its current trajectory only.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
PLA (PlayDapp) curved channel and trajectoryFirst released draft of this coin. It is difficult that in a crypto of such low volume the channel is respected. I'm using it to have a clearer preview of its current oscillation only.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
VRA curved channel and trajectoryVRA arcs and trajectory patterns
Even if this will depend on the general market conditions this pattern is a possibility.
The risk is that BTC might go all the way down to 53k. Mixed signals are present in the market at this point.
I tried to chart VRA beyond other market conditions to avoid bias.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
SKL curved channel and trajectorySKL presents 3 supports in line and 1 above them. It seems to be testing a resistance soon for a probable BULL run. Take a look at my previous SKL chart for a zoom out.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
BTC channels ups and downsOn this chart I will try to pinpoint two potential paths for BTC.
The second path is the "A" because I see higher probabilities for that one.
It is common that when BTC gets taken by bears it will have two falls. May be the price could have as objective the 54k to 53k price target.
But before going for that price it will attempt a bull run after on the third arc (yellow dotted), may be sooner. On good conditions this bull run could keep its way up.
I see higher probabilities that the most probable scenario will be an up compensation and then a strong way down up to 53k as shown below on my previous chart (below) following the blue curved channels (aprox).
I know this chart tries to have too much precision but it is not my intention to predict a future scenario. It attempts to combine common patterns with some trajectories and current momentum
This chart below is my previous publishing on the bigger scale of things...
BTC max price, supports and resistancesBTC going on another attempt to break max price.
This time it has 3 blue supports that increment in position. As a pattern, this configuration is a good consolidation for a strong grip.
The price bounced on the dynamic moving average with some ease. Bear corrections were weak and the limit seems to be only in its history.
Even if BTC didn't break as one big move, it is gaining its path by several consistent attempts to break up.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
BTC patterns and traditional analysisWell, I am more of a pattern finder than a traditional analyst. I'll try to find some "artistic patterns" here ...
There is a path trajectory that relies on the following indicators
3 drawings
- Linear channel (yellow dashed)
- 3 arcs pattern (pink dots)
- Resistance and Support (violet lines)
The blue vertical lines are just pointers of reversion dates.
If you take a look at my USDT.D charting there is a strong co-relation of what the crypto market will do on the following days and weeks. RELATED IDEAS link below
Crypto market general trajectoryINTRO NOTE If you are new to USDT Dominance Index chart remember that it is inverted in relationship to cryptos price. If USDT goes up cryptos go down, if USDT goes down cryptos go up. Having that in mind...
I'm maintaining this channel for quite some time doing minor corrections as crypto market unfolds.
If the idea is taken "as is", the crypto uptrend is about to conclude pretty soon (days).
For a "zoom out" take a look at my chart below and press play. As you may see there are no signs that the path could change, may be a minor deviation only.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Signs of upcoming BNB pullbackPrice has been inside of an upwards channel for a while. After failing to break out of it to the upside twice, RSI divergence has also formed. Volume is decreasing throughout the uptrend and if price rejects the top of the channel we might see a pullback to a previous untested level - which also alligns with the 50% fib level. (providing it gets past the demand zone). If this scenario plays out, it could also produce a Head and shoulders pattern and we could see price retest the bottom of the channel.
VRA curved channel and trajectoryAn update on VRA trajectory, it looks like it will start an uptrend soon. Take a look at my previous chart on it, still on channel track.
The formation shows that even on market downtrends, it stays strong on its feet. A lot of accumulation ready to ramp up. The potential is there.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
DYDX curved channel and trajectoryA second attempt to guess DYDX with few data on sight. My previous chart missed the trajectory and I wouldn't say this chart has a high reliability. Let's see how time unfolds on this one
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
SKL curved channel and trajectorySKL resisted 3 bear pushes on the support level. Seems like consolidating energy for a new bull run in about a week, little more, little less.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
BTC curved channel and trajectoryBTC and ETH are trending up and altcoins too.
This new chart points to a stronger bull run compared to my previous direction vector. My old chart points to a 75k limit, but it could be higher.
Just following the acceleration of TOTAL2 and altcoins this looks like a general break into another segment for the BULL market.
This factors usually point to the LAST TRENCH of this cycle. Usually the last block is the fastest and more volatile.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
CTK curved channel and trajectoryHow much CTK can correct before beginning a bull run?
In BLUE color, you can see a probable support where price can stop the current bearish correction and bounce off an uptrend.
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
ADA curved channel and trajectorySeveral combined patterns that show the highly probable end of the bear cycle for ADA.
You can take a look at my previous published idea for ADA for a bigger scope (linked below)
MAGENTA CHANNEL
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.