For educational purposes only, not financial advise. Cheers...
Also, as promised I have squared another Gann Fan, so we can go on a educational journey to observe the ebbs and flows of momentum together.
Potential BTC short area to observe, considering the circumstance we have had with the market abnormality here recently this zone should be watched carefully. For educational purposes only, not financial advise. Cheers.
Observation of SPX macro view momentum. For educational purposes only, not financial advise. Cheers...
Beginning phase of macro move, to be continued... For educational purposes only, not financial advise. Cheers...
The beginning phases of BTC distribution. To be continued... For educational purposes only, not financial advise. Cheers...
Potential future pamp, for educational purposes only, not financial advise. Cheers...
CPI has brought into the market liquidity that was not previously available with the masses taking a risk on stance since November, and before also. In my opinion this does not change the macro trend, it is just a delay. This is basically the same range as in my first chart before the delay, just a time difference. This is not financial advise, just a personal...
Pretty self explanatory, too much time has passed for a move upwards. This is the next logical move from here considering the circumstances.
It looks to possibly be time for a correction with BTC. A major trend line has been broken that held strong for over 80hrs. We also had a long legged doji on the last 4hr candle. If there is ever a time for a correction after this last run it would be now.
Well it appears after several hours a descending triangle has formed and is a good signal that a drop in incoming. We should at this point continue on with a full motive and drop over the next few days.
The overall trend of BTC currently looks to be in a bear trend. We could see 5370 and even as low as 5250 in just the next few days. After hitting a new ATH this is a healthy correction that could last for a few months but in the end it will make BTC even stronger.
BTC/USD The third wave has just started and it corresponds with a fib level of 5900, it should reach that level within 16-24hrs. We are still within 70% volume profile, RSI still oversold and momentum is picking up. See you at 5900!!!
Currently we have ended the diagonal triangle formation and it appears after extensive market movement and several re-adjustments of my chart (E) 5th wave of the diagonal triangle formation hit a pivot below the 0.618 fib line at 5405 and is currently hovering around the 0.618 fib line. Currently momentum and volume are rising with the potential to finally hit the...
(Re-adjusted chart due to volatility) After a final inspection after the market played out overnight it does appear to finally be in position for a a bull run. The 10/18 impulse wave ended on the 4th wave and started a diagonal triangle formation. The 4th wave overlapped into the 1st wave thus ending the initial 10/18 impulse wave and a beginning of the of the...
After a final inspection after the market played out overnight it does appear to finally be in position for a a bull run. The 10/18 impulse wave ended on the 4th wave and started a diagonal triangle formation. The 4th wave overlapped into the 1st wave thus ending the initial 10/18 impulse wave and a beginning of the of the diagonal triangle formation. The support...
As the BTG fork approaches my current analysis indicates a potential bull rally after the fork. Currently we are in the 5th impulse wave from the 10/18 beginning impulse phase. Currently the price has hit a support, the point of control of the current volume profile and RSI is oversold. All of which indicate a potential pivot for the last leg in the impulse phase.