Hold onto your corns! It seems that Bitcoin is at a crossroads, and I might be running for the hills with my tail between my legs! The green upwards channel has been the fuel for the bull trend. If the bullish Cypher Harmonic plays out then maybe we can get back into the channel and test the ATH as resistance. This daily chart shows an upper target if the...
Looking at this daily chart I see a potential bullish Bat Harmonic developing. If it plays out we could find our way down to around $33,000-$35,000. Another possibility would be a bullish Crab Harmonic, which would take us even lower. Of course, this could be another bullish pennant forming on the daily, so I'll be waiting in the bushes to see which way...
Looking at this 4hr chart I still see a bullish Three Drives pattern playing out. If we move to the top of the channel then for me, the Three Drives is invalidated. On the daily chart I am seeing a possible Gartley or Bat harmonic developing. I also see a bullish pennant forming. My whiskers are telling me that the more likely scenario is another dip...
Looking at this 4hr chart I am seeing a potential 3rd bear flag developing. I am also seeing the Bullish Three Drives pattern continue to play out. In addition to these two I see a possible Bullish Gartley forming. Here is the 1hr chart where you can see how I think this next bear flag might look. My whiskers are telling me we could see a bit more...
Looking at this 1hr chart I am still seeing a bullish Three Drives pattern in play. I also see a potential bear flag. On this daily chart we can see that we have likely entered a consolidation phase. My whiskers are telling me that we will range inside the triangle until maybe mid-April or May. For me, it would be healthy to come down to around $42,000 and...
I'll be waiting in the bushes and watching this 4hr chart to see how Dogecoin plays out. It seems we have broken out of a descending channel and are now forming an ascending triangle. My whiskers are telling me that this could be a bearish continuation or a bullish reversal, but that a break up is more likely. Owhooooo!
Looking at this 1hr chart I am seeing a bullish 3 drives pattern develop. I am also seeing a potential bear flag. My whiskers are telling me that we have some more downside. My targets for these moves are about $42,000 and then as low as $37,000. On this daily chart you can see where I think the price could take us. For me, it would be very healthy if we...
Looking at this 1hr chart you can see my trade setup. My was entry was a whimper, but I laddered in two more buys and now I'm looking for that bounce. On the daily chart you can see that we still have a bit to go before we reach the measured move targets of the last couple break outs. I am howling for the moon for Bitcoin! My last order just filled and I...
I've been waiting in the bushes and watching Dogecoin on this 4hr chart. It looks like we went too deep on the handle, and this may invalidate the cup and handle formation. My whiskers are telling me that we could be looking at a potential bear flag. A break down out of the pennant could take us back down below $.02. I'll be waiting to see how this plays...
These fib speed resistance arcs are probably not precise or correct, but I can't stop looking at it. Tradingview skews it when I publish so see below. I am mostly posting this so I can see how it works out over the next 2-3 months. I am fascinated with the geometry of markets. How will we get to wear we are going? Owhooooo!
Looking at this 4hr chart it looks like Bitcoin is parabolic. The measured move of the break out of the larger bullish pennant and the more recent bull flag gives us a bullish target of almost $62,000. Here it is on a daily chart. My whiskers are telling me to look out for a blow off top. This could be a set up for an epic shark tooth, so be more cautious...
Looking at the 1hr chart I am seeing a potential Bearish Butterfly harmonic. My whiskers are telling me that Bitcoin will try to break through the $50,000 level and look for ATH's towards $60,000 by early March. I think it would be healthy for us to retest the $42,000 level before doing that, and the D point of the potential harmonic seems to indicate this...
I'm hiding in the bushes and waiting to see what's in store for Bitcoin. I am seeing us range within a larger ascending channel (bull flag?), and within that I see a cup and handle, a bullish bat harmonic and a descending triangle in play. My whiskers are telling me that maybe the descending triangle will break to the downside, putting us close to D on the...
On this 1hr chart, I am seeing multiple confirmations of the bullish trend. If we break the neckline of the cup and handle then the measured move could take us into the target zone. I'll be hiding in the bushes and waiting to see if we move to the top of the ascending channel that we seem to be in. If we do, I'll be looking for a break of the neckline and a...
Looking at this 30min chart it looks like Bitcoin is getting ready to make a move. My whiskers are telling me that the trend is our friend and that there is more potential upside. The targets for the break of the bullish pennant and the break of both the previous bull flag and ascending channel show a target range above $50,000. This would be a good place to...
Let's see if this Bullish Bat harmonic plays out. The D point would be a good place for a long. To me, it would be perfectly healthy to correct a bit before moving on to $60,000 and beyond. The daily chart is showing me the overall trend, which for me is bullish. I'll be hiding in the bushes and watching. Owhooooo!
After that last move I'll be hiding in the bushes and watching to see if this bull flag forms on the 1hr chart. I'll be looking for confirmation on the 4hr as well. To me, this is bullish consolidation. I'll be ready for a break in either direction, but my whiskers are telling me there is some further upside to come. The daily chart clearly shows a break out...
****See my previous Dogecoin idea "My Doge Dream" and be sure to push the blue play button on the right side of the chart to see how my original call for a Doge Cup and Handle has played out.**** On the 4hr chart Doge seems to have formed a cup, so I'll be watching to see if a handle develops. If we do get a move down to form a handle then a break of the...