i'm tired and drunk and my city is on fire so figure it out for yourself CMF means chaikin money flow those are regular divergences
Just an easy HTF harmonic shown here in some fibo bands. BTC seems to be scraping along the bottom-most trend line but the renko charts show a pretty solid uptrend with a little pullback
haven't published in a little bit, needed some sleep. If you guys wanna see more charts and explanations of indicators from me use those referral links or send me a tip to let me know. Anyway there are some other harmonic patterns on a different chart pointing bullish to around 9.7k so I expect this wedge will break bullish on the fourth touch. lower line is the...
watching for the 3 hour ichimoku cloud to flip green, every other time frame is already there.
market sentiment is with it so far that's one. trend lines seem to support the move ichimoku doesn't contradict 3 touches up regular bear div each time, 3 major moves down, next time it crosses the upper boundary watch for confirmations and volume
These indicators have cute little animals for the patterns that has to be my favorite part. There isn't a guarantee of course that the price levels will be hit but so far the patterns are working out pretty well. Combine with divergences, momentum, rsi. Look for volume and confirming candles on smaller time frames to decide which level to take profit at....
Just thought I'd share a chart. I love ichimoku for a single free indicator and the ema's with this one are great for extra support and resistance lines. Twice we hit the same 200 ema but I wanna show the huge 2hr divergence flag here to support the harmonic pattern stop loss just above 8k. You can see how the dips are being bought up and more importantly this...
Here are those ema bounces I was talking about in the other chart. You can see the divergence on the lower dip which should still be playing out despite the volatility. The run back up to 9k was too fast, the momentum carried it past and the price action whipsawed back down to supports. Look for a TTM squeeze indicator on 4hr or higher time frame if you wanna look...
Here's a harmonic on a bigger time frame that's more useful. If you are bullish going into the halving like I am then this weekend has provided a lot of good dip buying opportunities. If you wanna take profit short term look for this 9400 level to possibly tire out the bulls on the next leg up. As always combine with other indicators and look for volume and...
Other charts I had suggested that 9200ish would be a possible bounce but there was stronger support at 8400 and 8100 here's some harmonics that point out exactly those levels. Looking forward to tweaking these indicators a bit more. Bullish as always especially going into the week after this dip
already erased the impulse wave but it's really easy to see. left up the corrective as I see it retrace to 9488/9450 and small bounce before another corrective to 9124 is one way, or 4th touch breakdown immediately of the uptrend line. alternatively bounce from 9488/9450 and send it. I'm of the opinion Monday's halving will either reverse a volatile trend or a...
i'll try to post a fibonacci chart that shows the same support, possible it's only a short term bounce from there before retracing to 9124
Another reason to expect a big bounce from 9125-9200 after the regular bear divergences play out. Last idea for the night. Still long term bullish as always but support retests and corrective waves are likely. Been saying that since we busted straight to 10K. I'll leave some addresses in my profile if you like my charts feel free to send some support my way
just watching support lines, rsi, ma ribbon