Levels Of Resistance And Support On Possible Auction DateOTC:BBBYQ
This is the daily candle chart.
This builds on DannyBrenards curve idea, with the possible date of June 9th being the announcement of a possible winner of a sale auction (news that might drive price action). The bankruptcy documents (provided by Kroll) have two possible dates of announcing a winner of a sale auction on June 2nd or June 9th. If the price on either of these two dates crosses the yellow curved line, then a possible move upward could occur by Danny's hypothesis (note: my curve is slightly different in position than Danny's). The yellow vertical line and horizontal line indicate the June 9th date and a stock price of .8622 would be the target to cross the yellow curved line. The first level of resistance and support is at .3173 (the long horizontal red line on the peak volume bar that does not seem to show in chart). The second level of resistance and support is the green block at .56. The curved yellow line is the next important price point to cross. The next level of resistance and support is the green block at at 7.031. The rainbow lines of the Fibonacci Retracement are the next levels of resistance and support. The final level of resistance and support is the green block at 30.06.
Other important levels of resistance and support from the 4 hour chart are 1.49 and 2.83 (these are not shown on the daily chart above). The 8 hour chart shows levels of resistance and support at 3.15, 4.18, and 5.87 (these are not shown on the daily chart above).
Other important dates that may drive price action are the two dates that the bankruptcy documents (provided by Kroll) say that a possible Stalking Horse Bidder (opening minimum bid) might be announced. They are either May 22nd or May 31st.
There is only a possibility of these auction announcements. There has to be bidders for an auction to occur.
Indicators used are the Support Resistance - Dynamic and the Visible Range Volume Profile.
It is important to have entrance and exit plans when trading stocks.
This is not financial advice. I am not a professional financial expert. You are responsible for you own financial decisions.
Dates
bitcoin top targetBitcoin was created as a way for people to send money over the internet. The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.
Dates and prices, maybe end of the bear market in this White BoxBitcoin end of bear market?
Fibbs levels and time base fibbs.
Greg Dickersons's Technical Analysis on BitcoinHey Traders,
As you can see on the Daily Chart of Bitcoin (BTC), the death crosses of the 50 & 200 EMA are eerily similar. From the Wick Top on April 14th to the Death Cross area on June 19th was 66 days. And then from there, it was 31 days to the market price bottom. Fast forward to current times, the Wick Top on November 10th to the Death Cross on January was 15 days. This leads me to believe that we possibly have 31 more days until the bottom is found. Lastly, look at 31.5k and February 15th as they will be important buy areas. Credit to Greg Dickerson (TA Youtuber) for finding this.
Safe trading,
-Pulkanator
Kin 2021-2022 Bullrun projectionI am using the Trend Based Fib Extension so that we can get an idea of where Kin could possibly hit certain price zones based on fib numbers. Of course, this could be wrong but Fibonacci zones are crucial in making some kind of connection with a future outcome. I am still bullish on Kin reaching a possible $0.01 price target but more conservative at $0.005. Notice that I have February as the possible sell-off dates for Kin and I base this on the previous historical information on the bear cycle from 2014 and 2018. When we reach a peak for Bitcoin the Altcoin go absolutely parabolic and this is what I see happening in February if Bitcoin Peakes out on January 3rd of 2022. What we do know is that when Bitcoin peaks out we usually have between 3 to 4 weeks of parabolic price moves in the Altcoins.
Bitcoin market dominance in 2021If we follow the percentage drop in market dominance for Bitcoin from 2016 halving to the current 2020 halving we see Bitcoin possibly hitting a low % dominance of 25 plus. Notice that the previous all-time low in dominance for Bitcoin was around 36% of the total market cap.
Can anyone interpret these dates?Seems to be something strange going on with these dates and dips
I have listed the dip strength from (4,3,2,1)
Please comment if you can see a correlation or sequence!
Unfortunately i suck at math and cannot see a correlation
I see however a falling wedge that may act as a support if another dip comes within this new Fibonacci ring.
Each Fibonacci circle ring has seen a dip.
Looking at coming ETF news datesJust wanted to add the ETF decision dates into my chart. BTC has obviously responded noticeably to those announcements recently, so it seems like a good idea to at least be aware of when the coming decisions could be released. I'm of the opinion the August news will be bearish and it would fit the long term pattern quite well. A rejection (or more likely another delay) of the ETF proposals in September would be a perfect catalyst for a final leg down at the end of the descending wedge. An approval would decisively break the downtrend. Of course it's risky to trade on those announcements, so i'll be looking to catch an entry immediately after the market shows a strong reaction, if that occurs.
CME futures tradings dates on chart.CME future trading launched 15. December 2017.
BTC - February 2018 Bitcoin Futures - First Trade Date
BTC - March 2018 Bitcoin Futures - First Trade Date
BTC - June 2018 Bitcoin Futures - First Trade Date
Just to see if CME futures tradings may have some impact on bitcoin price movements. For spectating purpose only!
masterthecrypto.com
Just a good read on the topic.
How to read this chart:
1. Light blue lines are dates where trading positions are opened. ( don't know if they go long or short)
2. Purple lines are where the trading positions end.
Example : BTC - May 2018 Bitcoin futures first trade date (26.Feb) = (meaning) Position is opened 26. Feb until May.
Correct me if I am wrong and let me know what u think on the topic.
