Chefrusty

Chefrusty

Look at BTC and how from Oct 2016 thru begining of January 2017 BTC NEVER CLOSED a Daily under the 21EMA...but did bounce off of it several times. The arrow show where we are relative to 2016 BTC is due for a Daily 21 EMA bounce Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket If you want to ride to the top, buy in at 13800 Daily 21EMA and...

Chefrusty

Look thru this BTC CME chart, cleaner than spot charts with no weekend trading...so... Hints... Look at Fibs (noted by red arrows)...Golden Pockets at 61.8%-65% Where will the last one take BTC now? How many " W"'s can you find? How many "Cup & Handles" Note the $27K measured move off the Largest "W" Oh and look at the upward "regression" trend line...BTC...

Chefrusty

Cloned Fibs and orange markrs on either side. You can see that they are the same size and the Golden pockets match up to an over-all possible retracement. Look at the 21EMA also crazy the way they match

Chefrusty

Published this chart in a weekly format a few weeks ago,. Perfect call on the weekly flag formation, now what???, Could see a retrace to either the 61.8 Fib, or the Weekly 21 EMA, remember... Last Bull run BTC played off the Weekly 21 EMA all the way to 20K

Chefrusty

BTC JUST PRIMTED A HIGHER HIGH!! 14100, TARGETED MOVE $15K... SHALL SEE WHERE THE MONTH CLOSES THEN PULL BACK TO WEEKLY 21EMA SO WATCH OUT,

Chefrusty

If BTC breaks out of this flag upward we hit 15K over a short period of time... I breaks downwar, to 10500 and a retest of the weekly 21 EMA?? ???have to see... but interesting.. FYI the 2 day, 3 day and weekly stochs are all still heading up and broke their trend lines doing so...

Chefrusty

I've posted this chart as a Weekly Chart in the past, but for this purpose I changed it to Daily Read...with a 147 (Yellow) EMA which converts a Weekly EMA into a Daily EMA for Daily Chart. Read the Notations This chart shows where BTC was in 2016 relative to right now in 2020 ...after the Halving...24 weeks...BTC is currently closing the 24 week post 2020...

Chefrusty

Same Charts as always, lots of lines and channels from 2 day 3 day and weekly EMA's but If BTC can reach the 11750 region, it would be back in the Long Range Pro-gression channel VPBR confirms a resistance point there also... I would expect a retest of the breakout point around 10750,

Chefrusty

BTC QUARTERLY HIGH WAS 10760.10...Tonight another Quarter was set in stone and a ever so slight higher high by $18.12 on Stamp...VERY BULLISH SIGN! Not too may Quarters to go off of, but going in the right direction. Quarterly Stoch and RSI Looking good as well

Chefrusty

BTC Weekly RSI has been Bouncing off the Upper and Lower Trend Lines...most recently the support trend line. Next should be the upper trend line which happens to be at the 70% Over Bought line which is currently at $13280. If that breaks to the up side then the regression trend line in Blue on the price chart should come in at $14200, slightlly above the last...

Chefrusty

Notice the double bottom on the 3 day RSI and bounced off the 65% and the 61.8% Fib Retracement on both of the RSI bounces....hmmmmm

Chefrusty

Daily RSI is Bullish. broke trend line and retested it...now to break the last spike high into the Bullish Control Zone

Chefrusty

BTC retraced to the Golden Pocket... the 61.8-65% Golden Pocket and the Long Term Regression Trend Line Middle bar is currently acting as Support, all lines up together

Chefrusty

No One is Talking About this...Re- Post I was Correct, just missed it by one week! BTC has always retraced to the Weekly 21EMA to test support... in both previous post-halvings. The Weekly 21 EMA was tested between the 12th and 16th week...BTC is in week 17 Post-Halving 2020. Weekly 21EMA is currently 9940...today's candle wick low was 9987 week-to-date......

Chefrusty

BTC Monthly Regression/Progression Trend Line

Chefrusty

Second Highest Monthly Close in Bitcoin's History!!

Chefrusty

BTC just closed it's Second Highest month in it's Entire History! Previous and Highest Monthly Close was 12-31-2017 ...Closed the month at $13880 on Stamp. also hit the $20,000 All-time-high that month... Last Month, July 31 2020, was the Second Highest Monthly Close in The Entire History of Bitcoin...@ $11356.....Think about that one.... Also ...Do you think...

Chefrusty

Part 2 of 2 Second Chart with same EMA's...2020 Halving is red dotted vertical line ...so... Measured 12-16 weeks Post-Halving Like on the 2016 Halving Chart previously Published BTC Currently Closing Week 9 Post-Halving 2020 Will BTC re-test the Weekly 21 & 55 EMA's? Definately with in range and has shown to be common during the 2016 Bull Run. PLease share,...