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CRPTOCURRENCY

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!
INDEX:BTCUSDLong
by Sporia
2
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
INDEX:BTCUSDLong
by Sporia
4
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
COINBASE:BTCUSDLong
by Sporia
10
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.
INDEX:BTCUSD
by Sporia
5
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
Long
by CYPTO_SAM
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.
CRYPTOCAP:USDT.D
by Sporia
4
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
COINBASE:BTCUSDLong
by Sporia
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
INDEX:BTCUSDLong
by Sporia
3
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.
INDEX:BTCUSDLong
by Sporia
4
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
Long
by Sporia
Dollar Goes Down, Bitcoin Goes UpWhenever the dollar drops we tend to get Bitcoin Rallys not all the time but there is a correlation to take a look and compare. So when the dollar broke the 8/1 Gann ratio in June 2020 what preceded was one of the largest Bitcoin rally in history. As you can see once under the 8/1 Gann things drop pretty quickly. Since the dollar's double bottom formation in January 2021 we can really say that Bitcoins 2021 has been a long accumulation of sorts as the dollar rallied. The dollar has been in this ascending channel since May 21 2021 and has broken the 8/1 Gann but now is the important part the retest of the 8/1 Gann if the dollar fails to hold the 8/1 Gann as support it gives a much higher probability of a Bitcoin Rally. This time round the dollar failed to even touch the 0.618 showing more weakness then last time, lets see how things play out.
TVC:DXYLong
by Sporia
1
What Happens Next?Everybody is still debating if we are going into a bear market or are we in a bear market , the only thing these questions do is distract you from what is about to happen . Look at the facts in the charts : October 2020 Breakout Green Box - Pump breaking 8/1 Gann Yellow Box - False Rally (Distribution) RedBox - Price coming back down and holding 8/1 Gann as support and reaching Max Pain on market sentiment. Orange Box - Disbelief Rally Present Day Green Box - Pump breaking 8/1 Gann Yellow Box - False Rally (Distribution) RedBox - Price coming back down and holding 8/1 Gann as support , also reaching Max Pain on market sentiment. Orange Box -???? We can see things clearly playing out like the 2020 breakout same pattern as before . It is designed that way to create as much confusion and false signals as possible before the rally and when it comes most traders will be at a point of disbelief so they won't enter the market till much higher. Just take one step back and look at the whole picture and market sentiment , traders are the most divided now , everyone has their own idea on what's going on and what's about to happen but nobody is really paying attention to the chart. The fact is you can clearly see the same pattern playing out that fooled everyone in 2020 thinking Bitcoin was just ranging with that drop from 12500 to 10000 , when in fact it was the best entry in trading history , could this be the second ? Its time to stay focused and not get distracted with small 5% moves this is all noise.
INDEX:BTCUSDLong
by Sporia
3