Bitcoins 1D June - Sept Summer Road Map 2018 [BTFD]Greetings all
as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths
it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June as well? (last 5 months, so this would be the 6th time it would happen and im very keen on 666 as a number of humanity spiritually speaking)
the next major test for bitcoin is to stay within this triangle and not fall below out of it thus opening up new situations and possibilities and we can start thinking of $4k and under, for this not to happen we gotta see bitcoin stay over $7k above that trendline and gann fan purple area
massive supply and demand zones now above bitcoin and its gotta flip these with significant volume to get over and stay above these areas thus starting to show some bullish signs for that
sentiment right now is neutral (sideways) with an expected range from $4/5k to a poss $12k in this month of June
good trades to all, come ask questions in our telegram chat or get updates on our feed, we look forward to all kind of traders to come collect profits with us
July
ETH to re-test $800 (May highs)A clear break above descending trend line would indicate a potential re-test of May highs ($800) where strong resistance sits at around $600 and $700 respectively. If we fail to break descending trend line, will be looking to head towards longer term support from April lows around $380.
Vix Fix for June/July; Get one here
SEASONALITY OF VIX INDEX, including nearest dated FUTURES
LOWS during Low Volatility era: 2011 to Present:
BUY LOW
Date of Low Low to High Time Period fronm Low to High
2011 on 27.6.11 17 to 46 3 months
2012 on 20.9.12 14 to 22 3 months
2013 on 29.7.13 13 to 20 9 weeks
2014 on 7.7.14 11 to 26 3 months
2015 on 20.7.15 12.3 to 30 6 weeks
2016 0n 15.8.16 12 to 23 3 months
Lows out of 6: July x 3 = 50%, June, August and September once each.
100% probability (no such thing in markets! so 90%) that low will be in a 4 month window from June through to September.
Maximum time period from start to end of trade = 3 months (3 months' roll-overs too). A pattern is emerging.
BUT DON"T SELL THE HIGHS (unless you have good TA to stop you from doing so, but that's a moot point and will no doubt be debated)
Date of Vix index High from 2011 to present:
1.8.11
17.12.12
7.10.13
4.8.14 and 6.10.14
31.8.15
7.11.16
Highs out of 7: August x 2 = 33%, October x 3 = 50%, November x 1 and December x 1.
100% probability (so 90%) that the high will occur in 5 month time frame between August and December. A second pattern is emerging: ALL lows in 4 months of summer. All highs in final 5 months of each year.
6 rallies of 90% x 2, 50% x 2, 125% and 166%.
5 months of inaction (January to May)
7 months of potential action (June to December)
Minimum rise = 50%, maximum = 166%
Sucessive lower lows each year from 2015 on Vix and nearest dated futures contract at 12.3 in 2015, 12 in 2016 and likely 11.1 or close to in 20017 - in June or July with 66% probability.
Conclusion: Sell Vix from October/November if you can see a clear bottom (preferably a double bottom) on S and P forming at same point in time.
And buy Vix (ie reverse position) in June/July. Use the wind behind you at the right point in the year and you will do well. Set sail at the wrong time of year and your voyage is doomed before you even leave land. Please see preceeding comment for more detail.
WN2017 - July '17 Wheat FuturesAs the market made lower lows, the MACD indicator made higher highs. This is very powerful bullish divergence. Circled is where the MACD crossed over to the upside, further indicating bullishness.
Stops should be placed slightly below the most recent low of 429'4, which occurred on March 31.
Profit targets are at the Fibonacci retracement levels.
Target 1 - 459
Target 2 - 483
Target 3 - 503*
*Following the same pattern as the other upward movements would put price at this level on June 21, the summer solstice.
XAUUSD : Review on Various Bull Possiblities.Its been very evident that even the strongest bears went positive since BREXIT on Precious Metals for intermittent rally or pullback from the supercycles as we call.
Everybody would agree that 1300-1310 would serve as strong demand area and resistance from previous tops especially March 2015 highs. The breach woud open the gate to 12XX and bear would take thier chance to push down as much as possible it can. Probably 1250-1211 would be bears targeting for.
On current Daily Chart I see huge range play from 1300-1330 for next whole week and I believe this the last bear week and will make perfect Bull Flag on weekly. We have bottomed the STOCH and RSI hover around 48-50 on daily.
So Huge Sideways possible within range till 27 July, Yellen still might not give green signal to rate hikes in august as statisticians or Economists would treat previous two NFP data as Anomaolies and would wait for more evidence on job reports.
Dovish stand likely to induce rally in all PM and would again try to target previous tops and 1375-1390 Region. I have charted all bull possiblites, if not anyone of those being played, God help the bulls !! because it will dive down so hard that even bear has not imagine.
Good Luck for Next Week
Happy Trading.
DAX DOOM >>> Trade The Beast <<< 2666.00 PointsHands down, I am not a big fan of the world going to hell. Well, .....#itshappening.
It prolly won´t end nice, but this one is quite the beauty. Everything is lining up "perfectly"! Not only chartwise, but also doomentally. Full spectrum rektage ahead.
With regards to the DAX1.29% , the July is going to draw a bloody -25% (pre-)doom candle from 10,666 down to 8000 points (2,666 in total). As said, a real beauty.
Beast Mode: ON
Stay safe & Take care!
Predictive Analysis of the Next Megabull Cycle - Break Out!Hey All,
We finally broke up of this long boring triangle as seen here in this zoom out of the current chart:
Bulls:
After rearranging the fractal and aligning it properly with our current triangle we can see that we broke out and blew past $435 resistance.
The accumulation being over, and no sellers/bears to be found anymore, we are not heading towards $452-460 initially from which we will go down from to retest $435-440 and confirm it as support on the 4H for the bulls to continue the megabull cycle to the "moon".
From there we have several potential targets but the fractal goes to $8100 per BTC.
My more conservative targets are: $680-700 and $1200-950 and $2500
Bears:
Nothing for the bears right now unless we break down under $420. I recommend to put your stop loss at $415 just in case. If I see a change I will first post on my twitter account and then follow up with a new chart on Trading View.
I am here to help. Feel free to ask me questions or Private Message me directly.
Also follow me on Twitter: crd.ht
Where can I register and buy/sell/trade Bitcoin?
Bitfinex Signup: www.bitfinex.com (Accepts Worldwide users)
Okcoin Signup: www.okcoin.com (Accepts Worldwide users except US residents)
SimpleFX Signup: simplefx.com (Accepts Worldwide users)
Coinbase Signup: www.coinbase.com (Accepts US Residents Only)
BitMEX Signup: www.bitmex.com
You can support me by joining under my referral any of the above Bitcoin exchange. If you join Bitfinex under my referral you will get %10 discount on your trading fees the first month!
Other Fractal Charts I am working on:
Break Out turning into another Pump Similar to October 2015This is a self-explanatory chart. Assuming that we continue to pump similary to the pump from the early $200s to $500. It is pertinent to note that the consolidation phase has been extremely similar to now.
Current final target for this fractal is: $720-680
I am here to help. Feel free to ask me questions or Private Message me directly.
Also follow me on Twitter: crd.ht
Where can I register and buy/sell/trade Bitcoin?
Bitfinex Signup: www.bitfinex.com (Accepts Worldwide users)
Okcoin Signup: www.okcoin.com (Accepts Worldwide users except US residents)
SimpleFX Signup: simplefx.com (Accepts Worldwide users)
Coinbase Signup: www.coinbase.com (Accepts US Residents Only)
BitMEX Signup: www.bitmex.com
You can support me by joining under my referral any of the above Bitcoin exchange. If you join Bitfinex under my referral, Bitfinex will give you a 10% discount on your trading fees the first month!
Warning! Touch of 215-223 Area for a 4th Time can trigger DoomAn warning update on my previous chart from a 2-3 weeks ago roughly, we see that BTC decided to delay the inevitable by not touching down a 4th time at the time I published my initial chart back then. Instead it decided to consolidate furthermore and attempted a break out again only to be stopped at the top of the downtrend channel outlined on my chart by the red line.
The demand is so low for BTC that market makers could not push it to regain 250-260. The bearish magnet effect is clearly seen and BTC will touch for a 4th time and wash down within the next 72 hours most likely. See annotation on chart as usual! Please zoom in to see all the levels properly.
This level is really dangerous to trade, you can just wait for the wash-down or short and sit down and watch the show. But I have outlined additional scenario in case we do get a bounce from 210-216 level. If the bounce does occur then we will retest 228-232 then drop in total capitulation down to156-180 initially (a bounce not shown on the chart is very possible from there to 215 or 260 due to a double bottom) then $123 to $98 range. But we could also fail to bounce and wash down to 156-178 area and maybe bounce there a little before washing down further.