CrazedJEW

CrazedJEW

Bull flag, breaking out 144 days after the halving, Target >$100k

CrazedJEW

We're at a good spot for a bullish reversal on BTC. The next few days will be telling. - Rejection at the bottom of the bear flag - Primed to break back into the large descending wedge (white). - Three weeks of growing momentum on the MACD - MACD primed to break through 7-months' support-turned-resistance - RSI primed to break through 8-Months' resistance

CrazedJEW

It seems history is repeating. Weekly MACD histogram and daily MACD and histogram crossing negative preceded the crash in May. Daily MACD finding support, followed by the histogram crossing positive marked the start of the rally in August. The same sequence of events has just completed in the last few days. Time for a bull run?

CrazedJEW

Anticipating 3 future corrections for the rest of this cycle: First, another distribution pattern. Second, the culmination of two inverse fibs, and the front-running of $100k. Third, another inverse fib at $160k, however, this price would mean the flipping of Silver, Amazon, Google, Apple, and Microsoft, leaving BTC second to only gold, which may further...

CrazedJEW

Textbook Wyckoff Accumulation.

CrazedJEW

Just bounced off the bottom of the descending channel, the point of control for the previous range, and the Stock-to-Flow. Ready to continue our journey upwards!

CrazedJEW

It's almost like it's following a program. Up, up, down, down, up, up... Down, down, up? Also, the last period on this bull flag starts exactly when this, the 6th green week in a row ends, which has always preceded a bull run (mentioned in my previous post). I'm looking forward to next week.

CrazedJEW Updated 

Our current trend resembles the price activity from December 11th to Jan 7 in shape, RSI, MACD, and S/R levels. After this trend in Dec-Jan we saw gains of 65% from the low, and a high of $10,300 by June, 5 months later. If this is actually history repeating itself, we could retest the resistance of the macro trend at around $9,300. If the 65% holds true, we...

CrazedJEW

See each of the trends of 6 Green weeks in a row (Circled). Each of these patterns precedes a period of rapid growth, but there are other signs we're in for a take-off. -We're reaching the end of our symmetrical triangle -The halving is approaching -Central Banks around the world are injecting cash in bulk. Causing inflation, and pushing more and more savvy...