Since the peak, i've constructed a Gann square using time cycles derived from price, the 50 % of the all time high price level of 207 gets visited often during these cycles. A confluence of Gann angles on the squares and time cycles are pointing to the week of June 10th, 2024 as possibly retesting the 207 area in an attempt to make a first higher high on the...
Everytime #BTC got above 53k testing all time highs and consolidation ocurred. This time BTC will again make a new ATH. The April halving is near.
The DXY is approaching a meaningful trend change! Don't be fooled by the Fed, the USD will soon reverse course no matter how much the federal reserve wants a strong dollar, the fiat currency seems to be approaching extreme overbought territory on the weekly chart on every momentum and price oscillator I could find. Be on the lookout for risk on assets to reverse...
As you can see, BTC is back at the bottom of a confluence of two long term support lines, $20k now is the same as $10k from a few years ago. I'm expecting a bullish break out soon to cross above the red downtrend resistance line and retest the top of the current black channel it is in to $40k, the chop sideways in the channel until 3/2023 - 5/2023 which is...
$RYCEY - LONG - TA/GANN/Indicators/Chart patterns = On the Quarterly chart, there's a double bottom in 1996 and 2021 @ 1.36-1.50 zone, Huge volume spike these past quarters. Momentum on the quarterly chart will flip to the bull side over the next few quarters as it's extremely oversold on the quarterly chart. I expect a revisit to the $8.00 area in one year...
BTC Elliot wave 3rd wave takes BTC to 100K by November 2021, if it stays on its GANN 1/1 diagonal line, it'll reach 600K by 2031
SPY looking to be sideways over the next year, a lot of good swing trades can be based off the weekly/daily charts within the 184 - 204 range