Chefrusty

Chefrusty

This chart shows the 2016 BTC Halving(red dot vertical line) and how BTC re-tested the 55 and 21 EMA's 12-16 weeks after the Halving. BTC is currently closing out Week 9 Post-Halving 2020. Will BTC re-trace to the 55 and or the 21 Weekly EMA's this time...I think the current day, 21 EMA could be tapped no problem...Look for next post for Part 2 Showing 2020...

Chefrusty

All above in Title are true. The chart is plotted in the Weekly Time frame, but shown in the 2Day time frame. Bull Flag is still in play on the Weekly, but using the 2 day to zoom in a little.. The 2Day Golden Cross is also in play as the 21EMA is holding thus far...has just Re-traced to the FIB Golden Pocket(from last Low 8635 to Last high 10418), and also a...

Chefrusty

No one is mentioning a Bull flag on the Weekly Chart. Measured move to $14K- $14.5K in about 3-6 weeks. Declining Volume needs a strong breakout. but could very well happen and then prepare for a pull-back....also had the first Weekly open and close above the 2017, 20K downward trend line. We'll come back in 6 weeks and see where we are

Chefrusty

This is a huge blow up of the Daily on Bitstamp.. go to your charts and see, and back-test all 3 GOLDEN CROSSES Now in process of playing out now! All are still Valid Golden Crosses in Play at the same time!! The 12HR, 1DAY, AND 2DAY. Using the 55EMA crossing up over the 200EMA.. usually comes back and tests the 50EMA or the 21EMA and Blast-off

Chefrusty

2 DAY AND 12 HR GOLDEN CROSSES...Marked by the little Black Arrow...Soon to add the Daily Golden cross this week! Play with the Chart, BTC fell back to the previous formation the bottom of the flag is now resistance, back below the major 3 year Triangle trend in Red. Weekly could not close above 3 year trend line and may back-test the Golden pocket on the Fib...

Chefrusty

BTC Update to share

Chefrusty

My long-term chart breakout at red vertical dotted line... huge triangle , expand and play with it..May 20th Breakout

Chefrusty

ANOTHER 50% DROP...the way the markets are now, this could happen again

Chefrusty

LOOK FAMILIAR TO TODAY?

Chefrusty Updated 

Breakout occurred as thought...Now to the 2day 55EMA possibly spike to the 2day 200 EMA, fall back to the 21 EMA and further to a 50% decline to $4500-4800...Target of the rising channel.. Looking for a downward move at about $7800-8000...Back test the 2 previous 2 day death crosses, this is only the 3rd on record 55EMA Crossing down over below the 200EMA

Chefrusty

Time for my long term chart again...a small bull flag gets BTC to $8K the Daily 377EMA 200 EMA and the 200SMA are all around $8000-$8200....Not to mention the 61.8% Fib Golden Pocket... Bounce up there , then fall to the bottom red trend line to re-test it. This would respect the follow thru of the 2 Day Death Cross . I would check that out on your charts and...

Chefrusty

Long Term Busy Chart, that I have published before...keep adding to it, Look at regression trend lines crossing and where BTC is Right Now! Expand and Zoom In...Look at Fib from 10500 down to 3850. BTC Passed the 23 stopped at 32 ...all 3 trend lines converge...might back test the 23 before attempting to 50...Lots of VPBR at the 50 retracement, Grab Every...

Chefrusty

Look at the bottom Trend line I published months ago with a breakout at vertival line. Sym Triangle breakout after halving, so far no weekly close below the line for years!

Chefrusty

Pretty neat tool, play with my chart and see how Bitcoin is now trying to breal 9586 and get back into the larger upward "regression channel". There are Gaps below...be careful, but the last time we hit $14K , I recollect that there was a Gap at 8500 or somewhere around there

Chefrusty

LOTS GOING ON, SEVERAL POSSIBILITIES...BREAKOUT POINTS ARE, 8220 AND 7950, THERE ARE 2 SYM TRIANGLES FORMING, BOTH ARE HIGHLIGHTED IN BLUE, ....ZOOM WAY OUT TO SEE THE HUGE ONE IN RED FROM $100 TO $20k (some people are seeing downward trending triangles with a base at the 23.6 fib 7987, which matches up to the 3DAY 89EMA) A WEEKLY CLOSE UP .... ABOVE THE WEEKLY...

Chefrusty

BTC on CME 2 DAY WE STILL HAVE A $15 GAP IN PRICE ACTION...WILL IT BE COVERED OR IGNORED?? DON'T KNOW, BUT... WEEKLY CLOSE UP ....BUT STOPPED AT DAILY 89EMA VERY GOOD CHANCE , THAT.... SINCE BTC ON CME's, JUST BROKE THROUGH THE 2D 20EMA...THAT IT WILL BACK-TEST THE 20EMA AND THAT WOULD ALSO TAKE CARE OF THAT $15. I HAVE LOOKED BACK AND NEVER CAN I FIND A CAP THAT...

Chefrusty

IS THE CME BTC GAP REALLY FILLED, LOOKS LIKE IT WAS FRONT RAN BY $15 NO MUCH BUT HOW SMALL OF A GAP WILL BE OVER-LOOKED? PLEASE REPLY, NOT JUST A LIKE, NEED SOME OPINIONS, CHANGES STRATEGY IF IT'S FILLED OR NOT! THANKS

Chefrusty

IS THE CME BTC GAP REALLY FILLED, LOOKS LIKE IT WAS FRONT RAN BY $15 NO MUCH BUT HOW SMALL OF A GAP WILL BE OVER-LOOKED? PLEASE REPLY, NOT JUST A LIKE, NEED SOME OPINIONS, CHANGES STRATEGY IF IT'S FILLED OR NOT! THANKS