Low scale bitcoin perspective. Take it as an exercise of playing with TA. Fibonacci timing is kind of weird though. Hope i'm completely wrong otherwise CRYPTOCAP:BTC might be very boring from now on :)
Firstly, on bitcoin note the bullish Cup & Handle pattern that sure has been in formation for a long time. On the 1HR & 4HR charts price is getting support on the 200 EMA & 50 EMA respectively. Ideally on the 1HR chart we want the 200 EMA to form underneath the 50 EMA. Digressing a bit, my feeling is that next week precious metals like Gold will not perform...
Comparing the 2 previous bull run cycles to the now current cycle using approximate scaling to compensate of overall size of each run. Notice the moving averages are relatively similar, also RSI, Stochastic and Aroon Indicators are in the same ballpark when considering scaling time for the higher capital size/price. Like most I felt we were further into the cycle...
GIFT made a bearish swap FL and engulfed major PAZs Currently price at swap level with trendline resistance and Weekly resistance . Most probably it will fall and make new low. Will be invalid ONLY if make new HH
BTC - Long term on logarithmic scale. See for yourself :) Lower red line is support line dating back 2011! Upper red line is resistance line dating back Oct 2021. Blue vertical lines showcases the cyclical behaviour of BTC. Another very insightful overview can be seen when applying the fibonacci time zone. Please check it out as well. Don't forget to do your...
YOU HAVE TO EXPAND THE SCALE ON THE RIGHT TO MAKE THE CHART/RESISTANCE LOOK THE WAY IT'S SUPPOSED TO...@Tradingview continues to be weird with spirals/circles...they shift from where they are when i publish the chart, when i post the chart...when you play with the scale, expand and/or pinch, the shapes should automatically revert to where i drew them, with my...
fib "circles" made from tops & moved to big 2021 summer bottom phi & pi and harmonics, square roots, integers multiplying/dividing by 10 as well...wonder if that's independent of scale (would make sense if your scale is 10:1 or 100:1 or whatever) i generally use 100:1 on the daily and 1000:1 on the weekly for leftbrain reasons but always wondering if the secret...
my last idea was playing with price action dancing along the arcs of the circles created from time and its multiples and placed to recent bottoms here i'm looking at drawing horizontal lines tangent to the circles...aka at the bottom-most point of the circle aka where a move of the same "distance" (considering price chart as a unitless chart, like a math problem)...
Does this trade look like something you'd want to buy into? "No" is always an acceptable answer, but if you (as we) think GBP/USD is ready to revert to the mean, why not step in gently, a few contracts at a time, rather than all at once.
Good Afternoon people... Hope you all had a good weekend Here is an update for the recently posted USDCAD Technical Analysis ... The Buy-Order was triggered @50% FIB of the Pin-Bar Currently trading @1.260 zone - This being my initial target for a 2:1 profit. This being marked out on the updated chart as a relatively new resistance level. With a...
Polygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong...
Please comment with additional suggestions or feedback if you are experienced with using advanced Gann squared methods. The squaring of price and time was one of the most important and valuable discoveries that Gann ever made. In his trading course he stated “if you stick strictly to the rule, and always watch when price is squared by time, or when time and...
Avalanche has been on a rampage and has held up very well since July 21st. Avalanche is currently in price discovery and it has the potential to hit $90 in the coming weeks with the trend it's currently been on. The Fibonacci level of 1.618 is the next destination for price at around $91. Current Support Zone: $61-$64 Current Resistance: $72.75
Issue with tradingviews lock scale feature/function. the video shows it all. this issue happens randomly. I submitted a ticket also. this video is for tradingview staff Detail text in video: Hi!, this video is for tradingview. This video demonstrates the issues I have been having with the "Scale" setting. For some reason the chart will lose its ability to...
Hello everyone: Merry Christmas and Happy New Year. Last week was somewhat quiet as we had Christmas holiday going into the weekend. Quick going over my current positions from last week, did enter a scale in position, and that was it. There was 1 miss trade that I did not take. CADJPY - First trade running about 2%. SL at 1:1 RR. Second trade scaled in....
Hello Guys today im scaling In or adding more position to a winning trade. My analysis is simple to go with buyers as they go upwards. Hoping to have a decent trade after a loss
We are at the end of the wedge if we look at the Bitstamp chart on a Monthly Timeframe on the log scale to include the huge increase in price from Jan 17. If we see the same increase in price (100,000% +) we could be at $125 by EOY, lets hope so 🙏