Godmode
EURGBP LONGpodemos observar una clara divergencia en 4h y 1h, tanbien vemos como ya llego al objetivo diario y ahora busca un nuevo retroceso, vemos la consolidación, el cansansio de la tendencia bajista y el rompimiento de dicha estructura. tomamos entrada con (shif of momentum) en el quibre de estructura de 5min.
GBPJPY a CORTOS en 1h aun seguimos en tendencia alcista pero en 5m y 15m podemos ver que ya rompió estructura de mercado, estamos en zona de rechazo semanal y venimos de un impulso fuerte en 1D al que le falta su corrección, tenemos confluencia para entrar a cortos al observar en 5m y 15m que se crea una nueva subestructura bajista en 1h podemos tomar el ultimo impulso bajista y vemos confluencia con lvl clave de fibonacci, tambien podemos ver una clara divergencia entre el mercado y el macd, esperamos operar una corrección de la ola mayor en 1D de 200 a 600pips. o probablemente el nuevo impulso de la estructura semanal por unos 1900pips de caída
#1(Shift of momentum, entrada a corto en m5)
#2(estructura de mercado en semanal indicando posible nuevo impulso bajista)
#3(posible correccion de impulso en 1D)
USDCAD SHORTtenemos una tendencia bajista desde 1D marcamos zonas de reacción y en 1h observamos claramente tendencia bajista, marcamos fibonacci en el ultimo impulso buscando pullback, tenemos una confluencia clara en la zona del 50% del fibo junto con una zona de reacción de precio y confirmamos la entrada con un patrón de vela envolvente en 1h
GOLD SHORTpodemos ver desde 1D una tendencia bajista, confirmamos en 1h con estructura de mercado bajista, ademas marcamos las zonas de reaccion del precio y tiramos fibonacci al ultimo impulso bajista esperando pullback. tomamos una entrada en corto al ver la confluencia de la zona de pullback en fibonacci + una zona de reacción del precio. entramos con 70pips de stoploss y 240pips de take profit. dejamos marcado también una reentrada o entrada menos arriesgada con un stoploss de 50pips y 200 de take profit.
PD:esta entrada se puede dejar correr hasta el objetivo final que está marcado al precio de (1410.50) 800pips desde donde tomamos la 1 entrada.
4H BTC Waves+ Signal charting, full blindFully blind signal charting followup for Waves+, BTCUSD 4h.
All horizontal lines/signals were plotted with the candlestick chart hidden and not visible. Additionally, this time, all directional trades and exits were determined with the chart hidden.
Additional signal explanation and rationale is detailed in yellow text, annotated on the chart/indicators.
8/10 Trades closed in profit (green checkmark). 2 Trades marked with red X were below 2% profit margin, and are considered a loss unless high leverage is used.
Setup/configuration:
Initial setup with Waves+, DOSC (Derivative Oscillator) with signal line disabled. 1-2 bar delay on signals to provide accurate/realistic demonstration of entries/exits (on bar close).
Waves+ has the LSMA line enabled (dark blue).
Waves+ is a hybrid wavetrend fibbonaci oscillator.
Waves+ components:
Light blue line = Waves line
Dark blue line = LSMA line
Red line = Mmenosyne follower (fib line with medium speed)
Green line = Mmenosyne base (fib line with slow speed)
Shaded yellow zone = Explosion Zone warning (Ehler's Market Thermometer)
Red/green center dots = TTM Squeeze Loose Fire(red), TTM Squeeze Strict Fire (green)
Lower dotted line = 38.2 fib line
Upper dotted line = 61.8 fib line
Lower dashed line = 25 wavetrend limit
Upper dashed line = 75 wavetrend limit
Blue 1/2 height block = suggested TP from short/drop incoming 1-2 bars
Orange 1/2 height block = suggested TP from long
Chart markup:
solid green = buy/long signal
solid red = sell/short signal
dashed red = early sell/short signal
dashed green = early buy/long signal
dashed orange = suggested exit from long signal
dashed blue = suggested exit from short signal
Trades closed in profit/loss, no stops, marked up on chart:
Trade closed in profit = green checkmark
Trade closed at a loss = red X.
Trades that are less than 2% in profit will be considered a loss for scalping unless leverage is used.
Incremental for this blind signal test will be documented below/updated as part of the trade idea/post.
Release: [AU] Waves+Plus version of Waves with components from both Waves Advanced and Mnemosyne. Essentially, Waves+ is highly configurable hybrid wavetrend oscillator and Fibonacci oscillator.
Pictured to the left are the various indicators that represent incremental steps/advancements toward the development and eventual refinement of a hybrid wavetrend fib oscillator.
Waves+ is available as part of the AU indicator set - contact for trial availability and pricing.
BTCUSD to correct to 8600.BTC and ETH are both either about to begin wave Z pf a triple combo correction, or started wave Z a few hours ago. BTC 6H RSI is showing a head and shoulders pattern. This correction began with a rejection when it tried to break back above the historic log support (the thick yellow dashed line), which dates back all the way to the beginning of 2012. A downtrend has confirmed. A pair of bart simpson fakeouts as the bulls tried to break the downtrend. It's currently trading ever so slightly above the downtrend, which merits watching.
A break pf the local high (12300) invalidates the bearish count - the potential bullish alt-count is pictured in yellow. I find this unlikely, as we're still rather extended to the upside, and recent volume profiles have been substantially favoring the bears.
Target 8600.
Dash to $500+ soon, and $5000 by NYEThe 200 day moving average has began moving upward on the daily. Godmode is currently showing a technical reversal signal. Bitcoin, global financial and geopolitical tension rising, Bitcoin halving, Falling interest rates, capital controls.
Privacy, decentralized, open, neutral, borderless, on chain scalable like Dash will rise beyond ATH of $1600. Dash by 2023 to 80k.
$5000 by Jan 2020
Buy now at $150/Dash (June 13,2019)
$500 by End of June.
Bitcoin to 13-20k by June. Then New ATH Jan 2020
Why Start Buying Bitcoin Now? Linear VersionHi friends! Welcome to poop's long term forecast on Bitcoin .
If you recall January 09, 2019, I published a long term bitcoin projection using a logarithmic scale chart highlighting Poop's version of what bitcoin sentiment will look like for the next 3 years. This time I will be showing you why Poop thinks you should start buying bitcoin at this price level using our observations in both Logarithmic Scale and Linear Scale/Arithmetic Chart.
My "God Poop" indicator showed a strong buy signal in December 2018, weekly chart. For linear chart, this only happened twice in bitcoin history, in logarithmic chart it has happened 4 times already.
For linear chart, the fist instance happened June 2018, which resulted to a 3k dollar move in few days (a dead-cat bounce). The 2nd was in December 2018.
For logarithmic chart, the first instance was September 29 2014 on a bear market, this was the last dead-cat bounce in the 2014 bear market, a prelude to the bottoming formation. The second instance was on Jan 12, 2015. This was the exact bottom prior to the 3 year bull market. This bottom was retested 7 months later on August 10, 2015 which resulted to the double bottom formation which ended the multi year bear market for bitcoin. The third instance this happened was in June 2018 similar which to the signal we saw on the logarithmic chart which was a dead cat bounce. The last one was in December 2018 similar in this chart.
I'm not implying we are going to repeat history here. I'm just stating my observations.
For better understanding, you may refer to this chart.
In conclusion, we see 6K as a significant resistance line, it will likely act as a strong resistance for the next 9 to 10 months.
We will likely see bitcoin around 10K to 12K range by the end of the year. The all time high would probably retested by 2020 and we will likely see a new all time high by December 2020 to 1st Quarter of 2021. This move could challenge the 300k mark. This analysis is backed by a strong bullish divergence both on the logarithmic and linear scale chart.
For more insights on the difference between an linear scale and logarithmic scale, check Yuzuki's Idea at this link.
Note that I used Godmode 3.1 with ISMA indicator for this analysis. I just modified its settings to suit my preference.
That's it friends, I'm looking forward for your comments on this analysis.
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
Bullish Bitcoin ProjectionHi friends! Welcome to poop's long term forecast on Bitcoin.
Everything about bitcoin in the weekly time frame is bullish. This technical analysis is based on a long time frame logarithmic chart. A bullish divergence signal started to reveal itself when bitcoin reached 2018 low at 3200. I believe this is a strong signal , which could propel bitcoin to retest its all time high in the next couple of years. Bitcoin's 200 period moving average is also being tested which is likely to fail as a resistance. Bitcoin is also showing signs of repeating its behavior within the channel during the last quarter of 2014 towards January 2015, The point in bitcoins history where the 2017 bitcoin parabolic curve stared. With all these observations on bitcoin's historical chart, look left to see right as they say, I came up with the following assessment.
1) Bitcoin recently surprised everyone with a triangle breakout, Its next resistance is at 4500 which acts as the neckline of the Inverted Head and Shoulders that will be confirmed once we see bitcoin's value at 4600.
2) 6K is a significant resistance line, it will likely act as a strong resistance for the next 9 to 10 months.
3) The long term trendline (reflected as black diagonal line on the chart) will also act as a key resistance for a long time. It will likely break if Inverted H and S is confirmed as stated in number 1 but will likely fail as a support. This trendline will also act as a strong resistance towards the end of 2020, We will likely see a new all time high once this will be broken by December 2020 to 1st Quarter of 2021.
4) Bitcoin's true value line, the upper line of the channel will likely be retested at the start of year 2022 which may break 300K mark.
That's it friends, I looking forward for your comments on this analysis.
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Poop Trader
BTC Bull Run December 10, 2018*Some of the previous charts I am referring to have been posted on my twitter account and links will be in the comments below.
The Trend-based Fibonacci Time Extension tool that I have plotted on my chart has been spot on with the next sequence beginning at the start of the next Weekly candle on December 10, 2018. Furthermore, on the Weekly, the Stochastic RSI is approaching a Bullish Cross at the very same time as the next Time sequence.
As noted in the first tweet mentioned in my comments below, the first time that I talked about the Time Extension date of December 10th is back in September and the price projection has been spot on my target at the current level, as seen in the chart below...
I expect a Double Bottom of the low by the close of this weeks Weekly Candle (December 9th, 2018) followed by a Bull Run to the 5400-6000 range before continuing down with the final stretch of the Bear Market to a bottom somewhere between the Support Levels of 3000/2500/1800/900 - where exactly I cannot say at this time but these are the major support levels below here.
Again, please note the tweets in the comments section below.
BTC - Bullish Scenario - Short TermIt has been a while, so first I would like to thank you for reading this post. As always, I welcome any positive constructive comments and points of view I may have missed. To be clear I am bearish mid-term (4-6 months), and bullish long-term (+1 year) on Bitcoin...and I have been quite bearish for a while. Earlier today I was working on some quick TA for a tweet (I will post the link in the comments section since there are some charts in it that were not saved that are pertinent to this post) and I noticed a few things that peaked my interest into making this analysis, so here we go...
In the chart below we can see the Fibonacci Time Zone tool, which has been pretty on point...the next Fib Time Zone is December 10, 2018...
In a look closer on the Daily, over the past 8 months, we can see where Divergences have built on the Stochastic RSI...currently BTC Stochastic is at the base of a completed double bottom with a bullish divergence...
With a complete bottoming out of the RSI on the Daily...
An RSI that hasn't been this low since August 16, 2015...
And not nearly this close since August 13, 2016...
Godmode on the Daily has fired long with a bullish cross...
Now the following two charts pertain to my bearish tweet (linked in the comments section at the end of this analysis) from earlier today prior to the Weekly close, and in comparison we can see a fast and significant drop in the Godmode leading indicator...
and Stochastic RSI...
...which are breaking down bearish with little movement (currently) from BTC's price in the same direction. This potentially signifies a local bottom in or near this area...
And, finally, on the Weekly we see last weeks candle bottom broke the lower Bollinger Band and price is currently moving toward a second break for a double bottom...the last time BTC came even close to the lower Bollinger Band it saw a price increase of nearly $3000...
Locally, on the 4 Hour, the Bollinger Bands have tightened, with an oversold Stochastic RSI and a bearish cross on the Godmode...
Price is already beginning to break to the down side for a double bottom lower Bollinger band break with Stochastics and Godmode moving towards a bottoming...with this I am looking for another downward move toward the 5300 level for a double bottom...
...this move could very well take all week to set up, bottoming out the indicators, or, with how swiftly they have been moving it could happen in 24 hours- your guess is as good as mine...
...but after that move, with Daily's and Weekly's coinciding here I am inclined to think an abrupt, and unexpected move by many, up towards the 7300 level is in fair play...
My overall outlook on Bitcoin remains the same, with an end of the bear market nearer to the $3300 level...
...but these signs are telling me we may need to wait a bit more for that...updates to come.
DCR listing on Binance - Support found - Lets take this puppy UPStochastics, clouds, MTF RSI, and the Mode of God are all giving the same signals and signs that this will keep grinding higher. DCR is not just any old project. It holds its weight through bearish times, and now hey, its coming to light during a bullish time! YAY. I expect an edge to edge KUMO grabbing 12% for this first impulsive move off the found support. Targets are in the box.
Namnaste'
The long is too obvious. intraday consolidation needed dearlyContrarian style tells me fake break down to test 500 satoshi demand level before 650 level LONG is broken. Godmode shows exhaustion. Will test 900 satoshi for take-profit
Long @ 650 satoshi
DGB is top 10 @ solume.io
Incredibly bullish sentiment
Just risk it allThis is a good strategy.
You need to pray to god is the first indicator who will help you.
If you're a bad person, the trend is negative, if you're a good person the trend will be positive.
So god makes that decision
The rule is to put all your online money in to it (real money)
If you loose all, that means you're a bad person and you will go to hell so please kill yourself now before you need to pay your household bills.
If you win more, congrats! You are blessed and a amazing person who deserves it.
Bitcoin - Your Hopes. Dreams, Nightmares, & FearsFirst, I would like to thank you for taking the time to read this analysis, and second, I would like to clearly state that I am not an expert by any means, I learn every day and if I have missed anything of constructive importance please feel free to let me know in the comments section.
To begin with, the Daily chart below shows my current count. I have had multiple counts, but let’s be honest, who hasn’t? Right now, this count makes the most sense to me, as prior to the break below the long-term trend line I was just as confused (admittedly) as everyone else.
The reason that I am more inclined toward this count is that the move from 6450 to 9990 was an impulse wave (by my count), and it was not until after breaking below 6450 that I began to see many analysts change their count of that movement from an impulse to a corrective wave. That change more aligned with their view of the moves from the February low to the break below 6450 in early June as a Triangle in Wave Theory. To clarify, not once have I ever considered that movement to be a triangle nor this entire correction to be an ABCDE, and my posts confirm this. As it currently stands, in my opinion, it is very difficult to view as such still.
In the chart below, we can see that BTC has bottomed within the very same range each time throughout the correction.
Adding in a Fibonacci Retracement tool from the Bitfinex ATL to the ATH we can see that this range coincides not only with the Daily Candle of 11/12/2017 but it also is quite perfectly within the Fibonacci Golden Zone between the 0.618 and 0.786 levels. Going back to the count I have in the first chart in this series, there is still room to fall before reaching the terminus of Wave 5 of Wave, the reason being the low of that daily candle, or more easily seen on the 3 Day Chart posted below. The sideways movement BTC is currently in would be Wave 4 of 5, by my count. As such, I am still expecting a test of the low $5398 before a major reversal can be considered.
The above chart also more clearly shows the movement from 11600 down to 6450 as an ABC, aligning with my theory of the correction thus far* being an ABC Zigzag. The movement from the February low to the high of $11,800 was Waves 1-3 and the movement down and up to $11,600 was Wave 4 and a truncated Wave 5.
The range in which BTC has bottomed falls within the previous Wave 4 of the impulse leading to the all-time high at nearly $20,000 (below).
Taking volume into consideration we can see that it has steadily decreased since the beginning of the correction in late December of 2017 (below).
Also, of note, as seen in the Daily BLX chart below, is the lack of savagery in the selloffs. The massive drops in price that were immediately wicked up have become less frequent and drastic. This, along with the decreasing volume and bottoming range lead me to believe that BTC is nearing a bottom. * It should be noted that at the end of the major corrections in August of 2016 and 2015, Bitcoin trended sideways for roughly 6 weeks.
Another indication of a potential bottoming and major reversal in the works is the Godmode indicator having fired long, on 6/18/2018, for the first time since the beginning of the correction on the Weekly chart (below).
But for reference, during the 2014 correction, BTC continued in a downtrend for nearly a year after Godmode first fired long (below).
Of importance is when the lines touch, which is the actual entry signal:
2014 Above