This is the weekly BTC chart, if dates back from the 2018 bubble until present day. It looks like we are in the 5th wave of Elliot wave theory. Blow off top? Or is the 4th wave not in yet?
TREND from 2014 and 2018. I'm not a bull, but I believe we may have seen the bottom for BTC (If history repeats itself,which it has before). We should be seeing a green candle after today. Lets watch and see. (Look at my previous posts)
Let's see the facts. 1. RSI has never been this low before. 2. Lowest RSI was 9 on the daily chart where we saw 2 capitulation candle before a rise up again. 3. The 6 year log trend line has been tapped and stopped the fall. 4. Nov/Dec historically shows BTC the most bullish. 4 out of 5 times (Every year besides 2015 we when were in a 2 year bear market) 5. A...
I've been following this chart for months now and my fractals have been dead on! I drew those trend lines in since September 9th and expected a sideway move until OCTOBER and a drop down to around $6200ish (Talk about manipulation!). That exactly happened today and it happened right in front of my face so I went short! Guess what happens next? Get ready to...
Was requested to update my BTC CHART. I've been following this for months now and yet it still has no broken trend. It would be stupid of me not to consider the probability of it. What do you guys think? Leave a comment! Disregard the time frame, this is just a trend analysis and the bull run could start 1st quarter of 2019.
I believe we're somewhere near the end. A closer image from my fractal chart, so far we're still on track.
Been following this trend for awhile and it's worked pretty well for me. Leave a comment.
If history repeats itself and if my charting is correct just following the trend. Following the 55ema 2014 on a 1D vs 2018 on a 1D. What do you guys think? Leave a comment and LMK.