OptiPulse

OptiPulse

I believe with the advent of late April's dump below the channel, that the top of the channel is now resistance and that we are still in the middle of a correction. How deep this correction goes depends on if price is able to find support on the 21 weekly EMA (like in 2017) or finds support on the 200 daily SMA (like 2013). If price is able to break above the...

OptiPulse Updated 

Ideally I'd like to see weekly RSI get to that 54 level or a little lower so that we can launch as high as possible during the next leg up. 54 RSI should match up with a price around the previous low at 47k.

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No doubt in my mind bitcoin is long-term bullish. Short-term however can go either way. Path 1: Short-term bullish if price can break above 61k. Avoid short-term pain, but sacrifice higher long-term bitcoin price this cycle. Path 2: Short-term bearish if price gets rejected by resistance and breaks below 47k. If price breaks below the 21 weekly EMA, next area of...

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Bitcoin's currently putting in a relief rally. Either continues rally if it can break above 61k, or puts in a lower high and goes sideways and down. Should have a resolution in about a week.

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I'm expecting price to fall to the 200 EMA & 200 SMA (35k-39k) sometime within the next few months. Price went up too much too fast and broke the record for going the longest time without testing the 21 weekly EMA. So I think it's possible we correct even deeper below the 21 weekly EMA in the future. Price should only spend a few weeks under the 21 weekly EMA....

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This idea assumes this cycle is a double peak cycle like in 2013. If so, we can expect 1-3 months of sideways and down. Best area to buy will be whatever price is when the monthly RSI gets down to about 70. Best area to sell will be whatever price is when monthly RSI gets up to about 90-95. The buy and sell zones I show on the chart are purely my guess based on...

OptiPulse Updated 

Doge might hit up around 55 cents, but if it goes higher than that, I don't even know what to say. The 21 daily EMA and 51 daily EMA are rapidly rising which will put the bottom somewhere in the buy zone if there is a reversal. The top may be already in of course, but the hype is still alive with DogeDay420, so probably not. I'd be careful not to fomo in above 50 cents.

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Daily closed below the 55 daily EMA, which is not good. More downside is possible. I marked some support areas below to watch out for within the upcoming weeks or months. If price can start making higher highs on the daily then all downside will be invalidated and we can start targeting moves higher.

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The rising wedge/ ascending triangle pattern was broken by last nights dump. It did happen on a weekend when CME was closed, so maybe it isn't that big of a deal. Or maybe it is hinting of more downside. We really don't know. Only thing we can do is follow price action and see how it behaves level by level. Key areas: 63k- need to close a 4H above to create a...

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Whether it pumps more, it will eventually come down to the 21 and 51 daily EMA and consolidate there for a few months before pumping again. I'd imagine the next pump after the consolidation to be even more intense (maybe $1). Moving averages are of course reactive to price action, so the longer doge can move sideways above the EMA's, the more the EMA's will get...

OptiPulse Updated 

Daily close below 61k and we're likely going to 57-58k short term. Hopefully Bitcoin puts in a higher low there. If not, 56k has to hold or look out below. Still long term bullish as long as this level holds. Preferably 57-58k area and 56k is never reached. Low of course could already be in here if daily closes strong above 61k. Some good news coming up for...

OptiPulse Updated 

Look at SPX and DJI. They both recently broke their rising wedges to the upside. NDX just made a new all time high and will continue climbing. Look also at the US10Y down 7% today! It's obvious yield curve control. Have you noticed prices of many things around you rising? Protect yourselves from hyperinflation by investing! Heck even owning doge is better than...

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I'm expecting the move very soon. I think up. Might take another 7 days before breakout.

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10,000% chance we test the bottom side of the weekly bbands in the next 10 seconds.

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Condition is daily close 60k or above. 70k-80k target before mid May. Maybe end up going even higher. I've noticed a lot of people getting irritated and being overly bearish since Bitcoin's been consolidating for a month. Do not underestimate the corn!

OptiPulse Updated 

I think we will pullback here, resume uptrend and we'll see what happens around June when it comes. Watch Bitcoin. If it bounces off the 55 daily ema (~53k), look for a bounce in stocks. If it breaks below, watch the 21 weekly ema (~40k). If that support breaks then we are entering a bear market.

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If price cannot close a daily candle above 61k over the weekend, watch for a possible pullback early next week to fill the cme gap. Personally I'm looking at the 58500-59400 range.

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Next Monday-Tuesday IF it happens.