Consolidation times are among us and we'll return back to a bull market within one more week or two. This is the ((weekly)) chart with a TD Setup indicator. From the 9 sell we saw a multi-week (Blowoff top) and went up 60 some percent, then we saw a correction and went down 50 some percent. Now Btc is balancing and consolidating. Then back up. Happy trading. ~J...
When RSI dips below 25 and we have been seeing a leveling off for a few days then a return to the healthy bull pace. This chart also shows the 200ma (dark blue) and the 50ma (light blue). The distance between the two shows a return back to the old standard BTC growth position. 10k to 20k got extremely overbought, corrected, and now we are in a consolidation...
BTC Ichimoku cloud 4h Strong Bull Happy trading. ~J This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share, Please do. Agreeing or Disagreeing is not personal and is welcomed in a positive way. Remember...
BTC Holding above the 200MA on the daily is a good sign of a reversal in market sentiment. This is signaling rebound. Additionally, BTC has started a 9-day setup on the green one candle after breaking out of an ascending triangle pattern. Happy trading. ~J This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down....
Correction time. FOMO is driving this pump with Media blasts about the recent ATH. We will get a break out in the the next few hours however, down will be the ultimate movement by the end of Sunday the 3rd. This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you...
A textbook shooting star candle, bear trap, and a classic bubble pattern, it's easy to see that BTC is due for a 25% to 50% correction. The question is where do you put your next buy orders?? Once we go sub 9000 the Floor will drop out so be ready! With a simple Fib Retrace, we can see a few good places to start placing those buy orders. Side note, 1300 is...
BTC's classic Iguana formation shows that 18,8k by February is within reach. Expect a very small daily correction today or tomorrow. We are on a TD 8 today and will be on a 9 tomorrow. Weekly, One more week of upside, then a 1 to 4-day correction. Then we go higher to new ATH's
3 more days of upside before a 1 to 4-day correction. Then, 7-ish more days of up before a multi-week correction back to 5000.
Where do you think BCT's Going on this breakout? Price and time frame. Love to hear your thoughts!!!! Thanks ~Ji
Lay low for just a bit longer but be ready to go LONG LONG LONG. We are looking at a 1 to 3 day correction starting today before the next rally. The weekly chart time frame is a 3 out of 9 bullish. We are at 3 now, 9 take profits. **WARNING** November 27th-ish will be the multi-week correction 9. BE READY TO SHORT The daily chart is in correction. but only...
MacD on the 4 hour chart may flip soon. Turning bear. Also, every time frame under 4h on the MacD is showing a bear RSI also is continuing its decline. In times of ATH the Ichimoku offers some clues as to what the market may do. Expect support at the Tikansan, Kijun and top of the clould as the momentum stalls out. Still bullish on the daily and of course...
Signs point to a Bullish BTC trend. With the primary correction and consolidation complete, a strong bull flag, RSI breaking 50k on the daily, a completion of wave 4 with a movement to wave 5, and additionally, the squeeze momentum completing its cycle, we are now running with the bulls. Expect to experience resistance and stall out for a bit between 4085 and...
We had a nice little short for the last few days on the 1-hour chart. I hope everyone took advantage of it and are now setting up for a strong bull run to test the 5000 mark again. The chart above is the 4h supporting a Long position with a close Kijunsan bounce. The Daily chart boasts a (-TK-) cross adding to the long position. Unless we have breaking news it's...
BTCUSD's Ichimoku Kumo cloud Twist is forming a stronger bull sign Expect more overall sideways consolidation for just a little while longer. You can see the recent Kumo bounce off of the Kijun representing the short cycle correction we experienced last night. If you were long and you held despite the stress, good job! Over and Out ~Ji This is not advice. I...
BTC's 3848 two-week consolidations on target. Actually a tiny bit bullish, just a little. Short and sweet, take it with a grain of salt. ~Ji This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do....
BTC's Moving Average Convergence and Divergence gives much insight to the beginning of the Elliott wave 5. *Bull, AF*...., you decide. ~Ji This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do....
3 Different indicators confirming Long for the multi-day. BTCUSD, Ichimoku, RSi & SMI show a slow bull Since we've not seen the 3rd bull sign yet to confirm the correction is over, I'm 70/30 Long with the current correction and consolidating of the recent Short and Long squeeze. Given the Ichimoku (20-60-120-30) cloud patterns we've seen all year, which has...