Daily + weekly volatility is in the bullrun phase for both BTC and "TOTAL" Marketcap. If BTC flags out in this 6.0 HVQ Volatility Index area, retesting the trend support, bingo = consolidation before megamoon But, that consolidation could go on for awhile. I have an overall LONG narrative, but am not buying at these levels. Looking to YOLO/FOMO a breakout, or...
The cloud shape and color change on the 14th indicate a big move based on the color change and upward turn of cloud shape. After blowing through cloud bottom, it looks like the Daily cloud paths was fairly invalidated.... However, two things I failed to see when I posted the last idea "Possible Bottom of Daily Cloud Support" are fairly important and mean there...
Currently 4H cloud top is acting as resistance. Price needs to close above 8190 (BitFinex) in order to emerge on the bullish side of 4H cloud. In these situations, the price does tend to flip back-and-forth between channels before taking off strongly in either direction. | NOTE -User pointed out that 4H cloud is GRAY meaning that it has very little influence on...
Looking at the upcoming 4HR cloud interaction & qrsi support levels, as long as the price stays above the 4HR cloud and above 0 on the qrsi indicator (4HR) this looks like a bullish continuation and I am fairly certain we will get another leg up from these levels. If the price breaks underneath the cloud top and under 0 on the qrsi, the next support is -2 qrsi...
Using a different method for q-rsi discovery, I added a predictive engine to the qrsi levels and found very interesting path fitting with totally different rules to the Heffae Clouds path fitting. It will; take awhile to interpret these new-fangled indicators fully, but this paints a pretty damn clear picture right here. I think we will shake-out some...