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Stability

BTCUSD expected Path (bigger picture)Recently I was following BTCUSD through its consolidation up until break of structure last Friday 6/10. That series was a local analysis/predictive tool using continuous-time markov chain (CTMC). This is a bigger picture analysis using charting techniques centered around supply/demand trendlines and a statistical method I developed in R studio that measures proportional range w.r.t. a displacement control chart (based on price action relative to the 9 and 20 day moving averages (as well as the relationship between those moving averages)). There is a post from someone I follow that has what I think is the most accurate Elliot Wave coverage of BTCs count, which has some levels that align in the neighborhood what I am getting using this method. Here is a link to that post (@Nailed_it, hope you don't mind if I link this idea - if so lmk and I'll obliterate my post): If you want the details follow that ^ Below is more of a general idea for upcoming path to expect using my method: Black 2pt line is most likely path from here (dashed 1pt black line is alternative) - i.e. bounce to low 30ks (point target 31616.3) to test recent channel {the decision at low 30ks will differentiate which path is taken}: - If rejected in low 30ks, which is higher probability, expect more downside to around 12-17k (point target 14278). This should mark the end of the corrective wave. From there my initial target to spark a rally is 41k by October 2022 - If continues after testing low 30ks, flip the expectation above (i.e. 41k first near term, then drop to ~14278k to complete the correction by October) *Max downside risk I see is 6396, but notice I included 0 in this analysis chart (that's right, don't plan on it but don't count it out either hah) **Upside point target, longer term, is 84799. This probably wouldn't be realized until 2023? We're not there yet but I'll update once I see which (if either) of these 2 paths play out... 2 roads diverged in a yellow wood, and BTC did what it wanted to ("BTC stay on the path"... "No way I'm not scared of the SPYDER, I control the SPYDER"). The images posted in the chart are interesting. Not going to go into details but as I mentioned above I essentially use average daily price w.r.t. control charts to obtain estimated ranges. The trajectories are generally pretty stochastic/random, but sometimes interesting patterns unfold at the end of price cycles that give insight into breakouts and breakdowns.. for BTC, back in July 2021 an Expanding Triangle emerged on the proportional range chart and then it took off to 60k. Currently, as of this morning, an Expanding Triangle just completed on BTCs proportional range chart... just something to think about, that's all I am saying. I am not saying it will breakout today because of this lol... but the setup for such a breakout is in the works (i.e. corrective cycle nearing the end). Best to All
GEMINI:BTCUSD
by JerryManders
6
CLEAR CLOSEUP on BITCOIN Stabilization Zone 5 - BULLISH MOVEDESCRIPTION How far can the price keep on fluctuating on Steady 5 Zone? If u follow up from my previous trend analysis, this analysis shows the selection of some Stabilization zones that occurred based from the previous chart but this time on a 60 Minutes Chart Timeline. The stabilization zones pointed out shows the slight steady movement of prices that occurred in more horizontal manner from Steady 1 zone in late March up to the current steady zone in early May (Steady 5 zone). For this analysis, our focus will be on the Stabilization Zone 5 (Steady 5). We are experiencing price fluctuations in the Stabilization Zone 5 (Steady 5) which has had price movements from $8,463.29 up to $9,145.80 and has kept on moving back and forth. This might indicate a possible Bullish move which might see the bitcoin price go up to as high as $10,500 on the Bullish Trend Channel. Back to the question on how far we can hold on to this zone, the answer will be 'Not For Long". The possibility of moving out of the Steady 5 zone will come sooner before the Halving. So we are looking at the price breaking the resistance zone of $ 9,145.80 and going upwards. At the moment, the price is being tested on the $9,145.80 mark. The Stop Loss level has been indicated to be on the Support level at $8,463.29. We should see more bullish movement in the price. Target Profit has been set to $10,488.95. Don/t forget to Follow and also Like this idea, your appreciation is highly needed. Thanks a lot for reading.
Long
by Obiakor_Evans
2
Calmness before next move..soon??? #BTC #BTCUSD #TRADEHello guys, Today calmness is continue spreading all over the market, maybe everyone are getting prepared for the next move. Still I don't think this is going to last for a lot longer, volatility is around the corner. As we can see on the 1h chart a triangle is formed, this type of triangle usually breaks up and not down when it's keep pushing the upper flat line of the triangle. So it's possible a short rally is on sight but if we can see to a more long term candles we are still in a bearish posture which means either it will be a short bullish rally before bears gain momentum for a new hard fall from a higher price or the bullish rally must be a pretty convincing and long one to reverse this bearish posture of the last 2 weeks. Let's see how long it will take to make next move and take it from there with an update. Stability won't last much longer. P.S. Like it if you like it or let's dicuss about it Yours Cryptohora
COINBASE:BTCUSD
by CryptoHora
2
BTC – dead cat bounce – 2/3 weeks of stabilityHi Guys! In our opinion, the current micro uptrend is nothing but a dead cat bounce. This is just a reaction after a big drop-down. The volume right now is significantly lower. The price should go higher than $12400. Actually, we predict we should have stability for another 2/3 weeks on BTC. Its price should be in the range $10300 - $12400. When we look at the Weis waves we can see clearly much smaller demand wave. We also expect smaller red, supply wave. Hopefully, we will see many altcoins growing within the forthcoming weeks. Take care! Have a wonderful weekend! Thank you for reading and your time. MASSIVE Hugs! WBM Team
COINBASE:BTCUSD
by WBM_Team
9
The "Cheap" Bank w/ Short Term Trading Gains (PT $75.40)Who couldn't love Citi when it had dropped to $68? Given both the long term and "2017 Hotness" trend lines, the stock has been knocked down between a reasonable to weak area where it can rebound back up to a comfortable "median" position that has been previously held. Reading between the fib lines and the somewhat consistent range of $70-77, it wouldn't be unreasonable for the stock to climb back to around the midpoint of $75. Its earnings call was great, though some will argue with how fantastic it should have been given the current climate and what's priced in. If the stock reaches $78, absolutely sell and don't be greedy trying to wait for that magic $80 mark. I'm sure everyone will be watching and waiting for it, but without proper volume, it will be a short lived rally up as everyone else takes their gains. I love Citi as a company and believe it to be strong and stable moving forward the rest of this year. Any price point close to $70 is great for a small position and for technical trading to get some ranged gains.
NYSE:C
by N3utra
(PIVX) - PIVX - Stable Upward Trend - 270 % Possible EarningsHi our dear family! Almost every coin goes down but we have a exception for you. Stable upward trend since middle of the March 2018. WOW! Another coin (after Zencash) which is growing slowly but surely. Coincidence? Don't think so. PIVX stands for Private Instant Verified Transaction. PIVX is an anonymity-based cryptocurrency created out of a fork of DASH. However, instead of using Proof-of-Work (PoW), it uses a custom Proof-of-Stake (PoS) system. This means that PIVX cannot be mined but you may earn a reward by staking it in your online wallet. PIVX inherited all the technical features of DASH such as masternodes, instant send and private transfer. It has a block time of 60 seconds and has a fixed reward size per block that uses a custom Seesaw Algorithm that dynamically alters the reward split between masternode and staking nodes. They base on the community developers and have decent market cap which is right now around 200 mln $. Nice.... Isn't it? They have strong development team on coingecko (rating 79%) which is close to Quantum, Digibyte and Ethereum Classic. Quite big number of followers on Twitter (over 60k) and still growing. We think this might be one of the few coins which will grow in stable way for next couple of weeks. Here are some technical analisys details: Postivie MACD convergence Growing volume = growing interest SMA6 crossed SMA20 = bull's cross ABC Elliot Waves pattern finished - 1,2,3,4,5 Elliot Waves paterrn started heading to 3 According to Trend Based Fib. Extension we are very low heading to first target at 66 000 st Fibonacci Levels: 1. 0.00066000 2. 0.00083183 3. 0.00097500 4. 0.00111170 5. 0.00130000 6. 0.00156500 Stop-loss 0.00040000 Let's keep an eye on this coin as we may earn some good money in such unstable moment. Stay in touch! HUGE thanks for your support, likes and comments! Don't forget to look at the rest of our analysis sharing your ideas and remarks. Remeber you are A W E S O M E. HUGS! Your WBM_Team
BITFINEX:BTCUSDLong
by WBM_Team
Top 3 Most Consistent CoinsDuring the past couple of month, the crypto market has been going through two major phases. The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.  The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating. But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies. And the winners are: 0X EOS NEO
by CryptoPAMM
1
Boxes of TrendsWhat I have generally been noticing on the price ticker on my phone is the lack of any big downtrends on the long term trends. For instance, the previous high we made this month happens to have made it all the way up a big chuck of the way. Not characteristic of what we had been in previously (blue box). So, for the moment it is a giant stability period. An equilibrium if you will; not too high (411) not too low (312). On the frontier, quantitative easing (QE) has ended which may or may not be a good thing for Bitcoin. We will see within the coming weeks and months how we react to that. Sentiment wise it has actually been much more silent than usual. I use it as a gauge to determine the volume without looking at the charts. It had been more exciting than this earlier. However, things have been calming down since then. In any case, it has gotten a bit too quiet for my comfort. Yet, I just don’t care that much. Buy in, wait, & sell. Sounds like a plan to me. Indicators • RSI – Classic RSI, telling me we have gotten just above the turbulent zone for now. I’d like to say it is showing a bullish divergence, but the price was much lower at the time of that low. So, it is inconclusive at the moment. • ATR – It is looking semi promising to say the least. I have noticed how instead of going up when the price goes down that it now is going up when the price sort of goes up. What this means to mean is that we are in uncertain times. We have all the people who think there is going to be some news that will blast us off and others who think we will just follow the trend. • PSAR – Has yet to change to a buy signal. Meaning there is a bit more left to this trend or else the price will just continue sideways and PSAR will switch. Either way there is nothing for sure saying we will go up. Overall, I would say we continue to clip a little bit further down if we have any more push left on the sell side. There is a bit of wiggle room, and I would either like to see my other set of indicators start heading back up or bottom. So close to getter near zero. Lots of potential to the upside and not so much for the down. Targets Bull Target: $360 Bear: 318 Extreme Bull: 376 Bloody Bear: 303 On a side note, I find it funny that no one has used stability tag.
BITSTAMP:BTCUSD
by ItisCalvin
10