The Satoshi Prophecy Will be fulfilledA few weeks ago I posted the TA Satoshi Prophecy , check it out below .
In that TA i laid out my entire thesis on why the top will be May 2022 and how we are still in a bull market. Nothing has changed since since December 12th 2021 since i published that TA , my timing on that chart was off but everything else is still intact for now.
After everything I have discovered the last few days I'm even more confident that we will push forward onwards and upwards.
Just check out these four TAs below that backup my prediction even more.
As you can see we are repeating the same fractal as the October 2020 breakout with both nearly perfect mirror fractals on the weekly and daily.
Price will start to increase in momentum 10th of January 2022 and the Bull market momentum will be in full swing starting 17th of February 2022 and ending June 2022 latest.
Cycle Peak zone would be sometime Late April 2022 to early June 2022 I have been going over this idea for a long time now check out below .
Even though the TA above was published June 21st 2021 the idea of a cycle top of May 2022 is something I have been thinking about as far back as April 2021 after the last Chainlink Fib time count , read the Satoshi Prophecy above to understand that part.
So there is a clear line in the sand for me there is no other level of support under the Marco 8/1 Gann Fan if we break the Marco 8/1 Gann and close a daily or weekly under its over , that would be the signal for me that a bear market has began. There is no "other" level of support in my eyes , I have added a smaller inverted 8/1 Gann which so far has had hree amazing reactions so thought I would add it .
So everything setting up the stage for an amazing run don't be fooled by these small 1-5% moves , the only thing that is not bullish is the Global leverage ratio which is at all time high but from the data this last year all time high leverage does not equal to a drop in price take a look at the picture below with this link ibb.co , in July in fact leverage dropped and price went up.
Also, on chain data shows wallets older than 7-10 years are not selling either , so apart from those two things lingering slightly bearish everything looks fine.
CRPTOCURRENCY
Litecoin Rally 3.0 (Bear or bull?)Litecoin is pretty much in the same spot as Bitcoin , in a descending wedge but at least with LTC we also have bottom support with the 4/1 Gann which is making the lower part of this descending wedge pattern.
There is a Fib time on the 24th of Jan 2022 that could play out to lines up with the end of that wedge but I doubt we will grind down to the tip of the wedge .
Sometime in the next 14 days we will find out if LTC starts its bear market we already can count this price action unfortunately creating a lower low for the daily which is not good at all.
The Power Of Blue Fibonacci LogThroughout the history of Bitcoin there has been one fib log that holds the key to parabolic moves and that is the blue Fibonacci log.
Underestimating this Fib log on a Bitcoin uptrend is a grave mistake as you can see every time Bitcoin is on a macro uptrend and bounces off the blue Fib log it triggers massive momentum.
This is why now its most important to take notice where we are now and what is happening , we bounced off this log July 2021 and ran all the way up to 70k and right now we bounced off yet again holding as support for now.
As a bonus check out the reaction in 2019 when we bounced off it .
The double Bounce off Blue Fib Log!This is a follow up to to my previous TA please take a quick look at this one .
Right so yesterday on the TA above I went over how powerful the blue Fib log is , I realized that every time we are on a macro uptrend and Bitcoin bounces off blue fib log it triggers massive momentum.
Now taking a deeper looker at what exactly happened during that period we can see that as early as 2010! Bitcoin most of the time creates a double bounce on the blue fib log before going higher!
2010 ! Bitcoin does a double bounce of the blue fib log before a massive move to the upside
2011 We can some sort of double reactions but this one is not very clear.
2013 a double bounce!
2017 a nearly perfect double bounce , first one didn't exactly touch but very close.
2019 , again a double bounce of the blue fig log this time taking bit longer the normal.
As you can see Bitcoin tends to do double bounces off the blue fib log before triggering massive momentum. As of this moment Bitcoin has had its second bounce off the blue fib log!
2017 vs 2022 (Part 2)Expending on the previous TA .
Market structure same as MId cycle 2017 :
2017
40% pullback
Lower High
Descending Wedge
Bounce off Fib log
2022
40% pullback
Descending Wedge
Bounce off Fib log
As of this moment technically still a lower high with the last swing closing at 40700 (Yellow Circle) , at the moment no daily close under 41000 so for now we still have a lower higher.
Pretty amazing that the 2017 cycle before entering the last phase of the bull-run created a descending wedge pattern with a 40% pullback a mirror of what is it going on right now .
Its obvious that the are cycles lengthening but what part of the cycle is actually lengthening? It could be that the mid cycle pause each bullrun has is lengthening because the run up from October 2020 to January 2021 was in fact faster than the 2017 run so is it possible that just this mid cycle period lengthens this whole pattern in 2017 took 160 days to play out and now we are at day 350 with this pattern double the time so far.
If this is the case , it is possible that the last phase be just as parabolic as October 2020 or even more than the last phase of 2017.
If we do reverse here and start the last phase it will be extremely short burst of massive momentum peaking sometime May 2022
All Cycles Are ConnectedAfter going through hundreds of hours of Bitcoins history and past cycles I now believe that the most important cycle to look at is the 2019/2020 period. Call this period whatever you want but the fact is we are repeating the pattern so closely one can not ignore it.
Going over the 2013 and 2017 cycle would have given you some insight into movement but nowhere near the accuracy as the 2019/2020 run.
So how does this cycle compare to the rest? well it might not look the same but all the past cycles are connected to this one in some way. Below you can see a pattern on the monthly chart from 2013 as you can see it played out nearly the same until November 2021.
Also we have something similar from the 2017 bullrun , below you can see a bar pattern from January 2017 if you overlay that from day to day starting January 2021 you can see we repeated similar movement during the bullrun , even the Mid cycle bottom happened nearly at the same time.
So we have a monthly Marco Fib log pattern from 2013 that played out , we had a daily candle pattern from 2017 and now we have the same Money flow index pattern playing out from 2019/2020. So when someone saids this is not like other cycles I would have to disagree with that and say this cycle is all past cycles combined together, there is no simple answer to that question as I have shown you here we have gotten something from each cycle so now the question is what's next?
It is undeniable that this Money flow Pattern on the weekly is a mirror fractal from the 2019/2020 period , you can call that period a bear market or an accumulation phase but the fact is if this pattern plays out we will continue the bull run. The green and red numbers indicate fear and green numbers check it out here :
www.lookintobitcoin.com
As you can see we at the same fear range as the marked yellow circle and also its important to note the “43” marked in yellow that fear number is when we triggered max momentum.
Shortly after the covid crash there was a pullback in price that caused this pattern on the MFI(Yellow circle ) it was exactly 13.46% pullback that created this “W'' pattern ,you can’t see it in Heikin Candles but if you zoom in on japanese candlesticks it's there. So at this moment in the exact same time as the fractal in 2020 we have had 14.23% pullback with this weekly candle (closes tonight) . It's very interesting that we have had pretty much the same pullback percentage as 2020 so if this pattern does indeed play out the MFI should mark a flat reading to start forming a “W” pattern , we will find out in 24hours and post an update below.
Lastly it took about the same time for that entire fractal to play out 350days and a possible timeframe when we could breakout of this triangle pattern on the MFI would be Mid February 2022
Bull Market Over?The green boxes are Greed and the Red boxes are fear. These are the readings we have had all year a lot of ups and downs but the overall structure is still technically up . The moment we close a daily or a weekly under the last swing low which was 40900 (yellow Circle) I will turn bearish .
Right now Fear is at 10 basically Covid crash lows but what is more interesting is that the descending wedge pattern has not come to a conclusion .
Also i have always had this Gann Fan on one of my charts starting bottom of the covid crash and top in May 2021 and it seems we have finally touched it with a good reaction so for closing above it inside the descending wedge .
So if we hold this area 185k by May 2022 and if we don't then I have no idea where we going and my thesis will go out the window and I will have to conclude that I was wrong about everything and go back to the drawing board.
Will Etherium break falling channel ?????ETH price currently moving in a rising channel in short time .................
Overall price moving in falling channel and this channel's middle line acting as a resistance and price rejected from it many times...........
local support :-3780-3770...............
Major support :- falling channel's lower line.............
Local resistance :- middle line of the falling channel...........
major resistance :- upper line of the falling channel.............
#DYOR #NFA
Market Cap USDT ChannelRight what you see in front of you is the secret on how to call tops and bottoms on Bitcoin and as a bonus I mapped time a time sequence on it next time count is 25th April 2022.
This market cap USDT chart has been in ascending channel now for years and as you can see every time we touch the tops or bottoms of the channel it has resulted in a major cycle or local top.
So if the bull market is going restart we should see market cap go down into April 25 2022 where sometime around that date there will be a top or we enter a bear market now and restart the bull market 25th April 2022 with everything i have discovered the last 3 months I think Bitcoin goes up.
ICP more into BULL or Bear!ICP is about to move. Here is the analysis for Internet Computer. Coin Have moved up more then $2 holding a resistant at $25 dollars. Chart showing a reversal bull On the RSI and MACD. Look as it is getting ready to make a huge buy in the up coming weeks. We may see it continue to run back to $40-50 range. If it break below $25 dollar it will continue down.
What Happens Next? (Version 3)So the money flow index is showing a similar pattern from the October 2020 breakout its not exact but pretty dam close.The only major difference is the yellow circle which was most likely caused by the massive liquidation event on December 4th , cascade of liquidations must have triggered this movement of the MFI .
Will include version 1 and 2 below, really at this point I'm finding so many things that take us to October 2020 fractal that if it doesn't play out i will be surprised.
Chart on left - October 2020
What happens Next? (Version 2)Is the Bitcoin price boring you?
It seems like nothing is happening with Bitcoin just boring sidways movement , or is it possible we are setting up for a launchpad to 100k. The October 2020 breakout took Bitcoin 48 days to regain 12500 dollars from where it dropped. At the moment its only been 29days where will price be on the 48th day? will the pattern repeat? , I will link below same idea with a line chart instead of bar chart.
Money Flow Index Flashes Rare SignalThis is the 5D timeframe on Helkin Ashi.
It seems that the Money flow index has flashed a very rare oversold signal now these green and red circles should not be used for trading as the creator of the indicator explains but we can have a look past to see what happened when these signals flashed in the extreme oversold zone.
So the green circles in the oversold area have only flashes 5 times in Bitcoins history, a very rare occurrence.
These are 5D candles so the dates below are the starting dates of the candles.
18th October 2011
08th September 2014
15th July 2018
15th July 2021
27 December 2021
So just because this signal flashes in the oversold area doesn't exactly mean we going up , 08th September 2014 and 15th July 2018 we went down and 18th October 2011 and 15th July 2021 we went up so right now it's a 50/50.
So even it failed to call the bottom every time all these signals had an impulse move to the upside except 08th September 2014 .
So now it brings me to the most interesting find which gives yet us another clue into the future . Whenever price comes down into this oversold area we always form some sort of bullish divergence that triggers massive moves to the upside and right now we could be doing just that repeating a divergence fractal from 15th July 2018/Dec 2018 and 15th July 2021/27 dec 2021 , if you notice both hit the oversold area at 20 then about 150 days later hit a lower low, this could be in fact the same divergence playing out , on sunday we will get a better picture once the candle closes.
Also at this very moment we are printing what seems to be a heikin reversal candle. Check out the picture below.
Check out TA's below to see where the market could top for 2022
Money Flow Index Repeating Pattern!This is just another amazing find really it was staring at me the whole time and I didn't notice!
Look at this incredible pattern playing out! The same pattern as the 2019 run amazing! , recently i posted two other TAs on the MFI that i will link down below.
There isn't really much else to say! Buckle up!
The Path to 185k (Bitcoin)There are two ways we can go up to 185k.
Red Bar Pattern
A massive impulsive wave starting January 10th -30th 2022 and then price consolidating sidways for a while before a 30-35% correction sometime March-April 2022.
This period during March-April will cause alot of panic selling and doubt in the market that the top is with Bitcoin at 120k , but price will come back down to the 1.618 at 85k before heading back up for a top at 185k.
Green Line Pattern
Price will gradually be moving up slowly grinding up to higher levels over time with a correction again around March -April. This option for me is much less likely because normally final legs of the bull run have much more accelerated momentum as greed turns the market in mass euphoria.
Solana Breakout Before January 13thTop Chart - SOL /BTC Heikin Ashi candlestick
Bottom Chart - SOL/USDT Japanese candstick
Pretty clear breakout for solana coming very soon sometime before Mid January 2022. Using the SOL/BTC chart with Gann Fanns on Heikin Ashi we can see a clear squeeze coming in. Infact using this SOL/BTC chart with the Gann Fans would have resulted in some great short trades.
Even tho three rejections of the 8/1 Gann Fann is very bearish we have to remember that is a Dominance chart and not a price chart.
Straightforward trade here on solana high reward and low risk.
Long 173
Stop Loss 167
Take Profit starting from 330 upwards
May cycle top prediction for solana 1000 dollars
Anyone know if there an exchange that offers inverse sol contract on margin? :P
Money Flow Index Weekly DivergenceThe money flow index is an amazing tool to spot divergence on higher time frames doesn't work that well on lower.
On the weekly time frame with the close of the candle on the 27th of December 2021 we have confirmed bullish divergence. Just take a look at the chart and see all the massive moves that follow when weekly divergence on the money flow plays out.
Remember this is a weekly chart on Heikin Ashi ,momentum can take time to move.