CME BTC futures had its highest Weekly close. Just now starting to print the 200 Weekly SMA and EMA trend lines! Bullish chart or what?!? The Bi-Monthly also closed above the top Bollinger Band on either Spot or CME, can't remember which. Supply shock incoming! That will be unreal! And more ETFs. Have a plan for pulling profits and keeping skin in the game,...
I need to back test this idea, but the last 2 market moves, ELON moved first, crazy but will let you know in future post. I had to adjust my traingle, that's the problems with triangles vs price levels. But new angle supports the 21EMA , sorry but I was wrong... happens Higher highs and higher lows is bullish. If everyone wants a higher price, we need to watch...
Plan is working, see if BTC can close above the prior ATH. Then come back test it and bounce up. All things I hear from Krown in the morning helped me plot this and will follow long term. Play with the chart and save if you want. Price discovery to marked areas, then snap up to 100K, Bitcoin will be drawn to that top, lots off people havce said they will sell...
play with the chart, 2 triangles, small and big both resolving up to targets...breakout time is here, might be a retest of nreakout point...beware ...long trem bullish next full moon is bullish on the 19th, verticle red line
Got the small pump on the way to the bigger Target
low volume breakout, wait for weekly trading. there are 2 formations, a larger triangle with breakout measured move to 3450. the 1.0 FIB extension. currently at the .382 Fib. this fib extension is based on the lows and all time highs with current retracement. will take more time, but will follow the market in general. there is a little flag formation which is...
2400 incoming after that the 3.618 and beyond, just HODL for a while and it will come
Elon was bound to correct. Bounced off the 78%Fib, I was hoping for the Golden Pocket of 61.8, But above the 21 EMA on the Daily. Now that this asset is more mature and bigger market cap, I will be looking at Daily and 12 hour. if you missed the first run get on board now at this price! Both Daily and 12hr look good as long as people buy and HODL till after...
play with the chart. giant cup and handle...measured move is marked...bullish
Healthy dip, liquidating leveraged longs, ELON couldn't break up, so it broke down profit taking and too many longs. Retrace to a perfect touch of middle Bollinger Band on the 12 hour, Zoon out and chart looks healthy. Could hit the blue box teritory, of 1300 for a re-entry. black Fib is bearish retrace, Blue Fib Fib Extension. Both match the 1.618 and 61.8...
On the hourly, very low time frame but nice pattern. Broke out and retested twice, needs to clear horizontal resistances along the way too. Will move now with overall market. Only a small percent of holders are not in profit, no one is selling large amounts, that's what happens. Just set some alerts and let it go... My guess if up to the 4.618
2 Measured Moves show ELON will hit the 4.618, about 3300 or so, has to break triangle and continue with bull flag and triangle. Both measure to the star on chart. Hourly is a short time frame but after A paribolic run, and also look at market cap. The 4.618 is about a 3 billion market cap, good point to take profit and buy back in retracement. Watch the rest of...
expand and move chart to see data of blue expansion FIB and the black retracement FIB
Play with it look at past retracement and consolidation Fibs may come back and retest top Bollinger Band on 12 hour or Daily
going to post 3 charts, 4hr, 12 hr , Daily, added fib retracements, selling pressure on the current 4hr candle, could retrace to 61.8 fib , but last run retraced to 78%. Something to watch. and if weekend trading in a run contrary to the past weeks trend, then usually means continuation...especially BTC , but market follows BTC there are supports in blue shade,...
Elon is playing the Fib Extension very well, play with the chart, and see, then compare market caps where can it go? 8 bill, 80 bill?? I have 12 billion, selling a bit for profit, and holding the rest till after the next halving, that's when I think Elon could really blow the market away
This could 1000X by end of bull run, but need diamond hands to reep the rewards!
Almost there 1090 target on measured move from triangle breakout, where will, or will it retrace soon to the 21 EMA and if so... What time frame???