Reversal Starting May 31st (BTC)If we start closing weekly candles above this 0.168 fib level we could see the start of a reversal coming , the date I get with the Fib time zones is May 31st . I have been covering this date here for weeks about that date possibly being an important pivot point , if we start closing weekly candles above 0.168 fib the chances are, momentum will swing to the upside. If we do break this fib next ,target would be 24k at the 0.75 fib.
Recovery will take weeks if not months, HODL .
If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
– Satoshi Nakamoto
Crpyto
Possible surprise event! It looks like the bull are making fun with your emotions. We managed to buy the 31k-33k level drop. Our 33k buy order has a break even stop at 34k so we will take some profits on that if the market will start crashing again. And we change our 2nd long term position to this one!
This trade will be active once our 33k BUY trade will be closed at 34k.
Trade: BUY
Entry: 28184$
1st target: 45k
2nd target 60k
S/L: 26816 (-4.70%)
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Reversed Gann 185k Cycle Top (Bitcoin)Out of all the cycle top ideas I have published this is the one where things seem to line up together pretty well. Its unreal really how everything lines up, FIbonacci Time Zones , the Genesis line (click link below to see) , the 4/1 ratio at 20k.
Everything points to 185k Sometime in early January 2022
ibb.co = Genesis Line
Inverted Perspective (BTC)Sometimes inverting the chart can give you a interesting perspective on price momentum. simply right click the price list on the right hand side of trading view and a drop down box will will show "invert scale" , you can even do it now as you looking at this TA.
Not looking good for now , if we break 2/1 we could revisit 50k.
Path to ATH (BTC)Price needs to break past a few layers before we can see a all time high again , price hit ratio 1/1 and has had a massive bounce and also closes a 4hour candle above the next ratio 2/1. So far things looking good but everyone should be cautious until at least we break 4/1 at around 59k.
Bull Market 21EMA (BTC)In the last cycle bitcoin dropped about 5 times to the 21 weekly, 3 out of the 5 times the weekly RSI hit about 53. In fact to start the bullrun last cycle we started off the 21 weekly exactly the same as this bullrun
The 21 Weekly moving average sits at about 44000 and the weekly RSI is currently at 57, play close attention here because while every is panicking and selling there bitcoin we can prepare for the next long.
If the price comes back down to 44000 and the weekly RSI hits 53 and we get strong signs of reversal it could be an amazing entry.
Doge is holding Strong!The 6 month support line for doge is holding very strong only dipping below for moments and has corrected straight back into its pattern. I really feel like we will see another major pump in Doge past .50 cents soon. This is very simple chart analysis simply picking the high point and the low after that high and is not intended as educated financial advice.
Doge will become the currency of the world and people!This is an important point for doge if it can hold above the 6 month pattern and I believe it will! Doge has a great chance of becoming the fiat currency of the world and there are so many more important things coming for it! Coinbase acceptance will be absolutely missive if this happens. The outlook for doge picking up institutional acceptance on a world wide scale is becoming more and more real. I have strong faith that this will go higher, the current market cap is absolutely nothing on the scale that is possible.
$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators.
Pros:
- Broke out of consolidation box between 11 and 13.5, now bouncing as support.
- 4hrs bullish divergence. Price made high low when RSI made a lower low.
- It's currently making a bullish wedge after a successful breakout.
Cons:
- Could be a false breakout, with volume significantly decreasing afterward.
- We haven't confirmed the breakout of this bullish wedge yet.
Entries:
- Aggressive buyers could choose to enter now between 12.8 - 13.8.
- Conservative buyers should enter as the price breaks the falling wedge at 13.8.
- The trade is a 3.2 R/R trade indicated on the graph.
Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term)
Personal SL: 11.8
If you find this helpful please give a thumbs-up and good luck trading!
Intracycle Top Idea (Part 2)This is a follow-up to my previous TA which I will link down below. It is very much possible that a blow of top scenario plays out around 100k and if that does happen then the chances of that been a intracycle top increases dramatically.
If price does pop at around 100k on June 8th 2021 and then comes back down to the 0.5 Fib and holds, the intracycle top theory can quite possibly become a reality , interesting times ahead!
Fibonacci Time Zone Dates :
June 8th 2021 - 104k
October 12th 2021 - 59k
April 13th 2021 - 260k
"There is no top for Bitcoin as there is no bottom for fiat"
VRA low cap Gem. Ready to rally toward 8 Cents and beyond. With what VRA offer, the tokenomics, patents, and supporters. There is no doubt in my mind that VRA can pull a Theta. It doesnt compete with Theta, rather it enhances what it is achieving. VRA is growing stronger more and more and it will not stay under 5 cents. This is a token that can esily run up too $4 -$6.
Ive seen this setup before many times and the fundementals have not changed. VRA is a game changer. Its not eveing trading on Binance or Coinbase yet. This is a Crypto asset you must keep on your radar.
If you've missed out on Theta. Here is the next Gem.
NOT FINANCIAL ADVISE. PLEASE DO YOUR OWN RESEARCH. Im only sharing the projects I see and hold myself.
XRP USD 7 - 14 day wave pattern7-14 day outlook / short term trend
wave 1= breakout to 1.10 (short term target 3 set last month)
wave 2= pattern has held a pennant as suggested by 2017 fractals (previously outlined in white triangle)- from today forward probable low in this pennant is 0.9200
wave 3=breakout target 1.80-2.20
1.80=2017 fractal lift
2.20=0.236 FIB level 4yr trend based fib extension
possible april 11-13
wave 4=target zone 0.86-0.59617
correction range large variance
high=0.86/probable support (long term support trend)
low=0.59617 is the 0.50 FIB level on 4 yr trend based fib extension
wave 5=target zone 6.20
possible april 16 - april 20
Bitcoin Trendlines and WeekendsThere many trendlines that you can follow this bull run for me its this one , it has by far the most interesting confluence points and it starts with the run breaking previous ATH.
What I have noticed is that this trendline is a catalyst for momentum and more importantly it seems to happen on weekends. Whenever we bounce off this trendline on a weekend we trigger massive momentum for the upcoming week and follow through in that direction , so far there has never been a reversal on a weekend or the week following on this trendline.
As of this morning price again bounced off this trendline just like the other 4 times this bull run so its repeated exactly same pattern , the only thing that is missing here is volume we have been contracting massively on volume.
I think the next move for bitcoin will be massive sort of like the candle we had February 8/9th and break through 59k resistance next 7days possibly.