Orriginal

Orriginal

Assuming that PA is following a fractal from Summer 2017, which also bounced off the 0.5 Fib entrancement after a 27% rise We may see PA continue its push up to a total of near 4% before turning over again. This would be a price of around 105 - if we get there , a close watch would be required as I am certain that the FED will be trying to support the $ in its...

Orriginal

One of the many things that amazes me about Bitcoin is how the Volume Profiles really do appear to be Static Look on the right of the Chart at the VRVP " Waves" going vertical up the screen, Showing effective levels of support and resistance. Note the line coming off the 2017 ATH and how it still lines up with the VRVP Wave ? And all the way up the PA to the...

Orriginal

Bitcoin Weekly Seems to be continuing to follow Fractal although things do seem to be pointing towards a short term rally, and that things will pull back or begin to Range shortly. RSI is as high as it was in March '22, before it pulled back sharply Be Cautious Now

Orriginal

PREVIOUS VERSION OF THIS POST GOT MESSED UP AND I LOST TIME TO EDIT SORRY this one should make more sense The Green box we are in currently has acted as Support and resistance for a few months now but maybe its time is coming to an end. Note the exact same day spans on the marked zones. Note that the Descending channel that PA is in, is getting tighter and...

Orriginal

The Green box we are in currently has acted as Support and resistance ofr a few months now but maybe its time is coming to an end. I notalso note that the Descending channel that PA is in, is getting tighter and currently, as PA remains pressed under the line of resistance, the other line Gets closer. Time is running out for PA to react and react it Must - As...

Orriginal

I have continued to plot points on this chart and now have also changed my idea a little. the idea is fully explained on Chart but basically, The Fib arc was valid until recently but has now run out of life. as we are now in Channel and resting currently on the lower trendline.. If we follow the previous "cycle" of approx 1400 days beyween ATH, then we are...

Orriginal

Much of the description is in the chart But, since Oct 2009 to the present day, Bitcoin PA has effectively be confined by a "618" Fibonacci Arc, which is part of a Fibonacci spiral. But what is more interesting is how it would look like PA has risen above that arc for the first time ever As we can see, the Arc was flattening out, PA had to react or, to follow...

Orriginal

The TOTAL PA is sliding down the Support nicely while the MACD cools off. Its not ready to turn just yet so we may remain like this till Weekend. The Long wicks show the battles going on right now and you can see how the 50 MA ( Red) acted as support yesterday. There is little doubt the Bears are trying hard to drop the price but the Bulls are holding...

Orriginal

TOTAL 3, which excludes BTC and ETH has pulled back More than the TOTAL, which shows us that Bitcoin is holding up better. However, The ALTS represented in this chart are now testing a long term support while also sitting on the 50 EMA which could also offer support The MACD is still Bearish though and this could lead to either Ranging or a drop below...

Orriginal

Despite the DXY strength being shown, BTC PA is holding up very well which is SO VERY Bullish.... Even more so when you lok at this chart. PA has come back down to the neckline of the "FTX Recovery" move, to test it as support. More than that, it has the 50 & 200 MA's to back it up Also the Daily MACD is nearing the neutral zone to possibly begin turning. For...

Orriginal

Alleyes should be on DXY now. Weekly MACD is beginning to turn Bullish. the long term target price could be anywhere between 110 -114 IF it goes full steam. There is a chance of resistance sooner so we just have to keep a closer eye on it.

Orriginal

Over the last few weeks, PA has managed to climb above the descending line of resistance off the ATH ( Dotted line) and is now sliding down it as support while PA cools off a little. Ultimatly though, PA is still in the larger ascending channel witht he upper trendline around the £35K mark currently and I think this is the target over the next few months MACD is...

Orriginal

As you can see, DXY PA was pulled down by the Blue Fib Circle, as it has been often before but we need to come back and look at DXY closely again now. On Lower time frames, MACD is approaching over bought, as is the Stoch RSI but what we Really nee to pay attention to is the fact that the Weekly MACD is now turning Bullish and not only that, so is the Stoch...

Orriginal

Right now, PA is in a strong position to at least stay where it is. It has found support on the 382 retrace Fib line, bounced off the 200 EMA, with the 50 EMA just below should that fail AND with a diagonal support line just below. Also, the StochRSI is oversold and ranging there, waiting. RSI has also cooled off nicely The ONLY things that can change a slightly...

Orriginal

I was just looking through the chart and noticed these few things. The 200EMA ( Yellow) - Previously the longest below PA was 133 days in End 2019 till 1st April 2019 Currently, PA has been below the 200 for 238 days, over 100 days Longer.....A Sure sign of how havy that bear market was / IS The 50 EMA ( RED) is another story - Previous longest below PA was 427...

Orriginal

Here we can see how PA has retraced back to the 382 fib line which should act as support, even more so as it is also now sitting on the 200 EMA ( Yellow) However, to counter this, we have the 50 above it ( Red) PA is about to get squeezed, while sitting between two lines of support / resistance in the Fib lines and also then by the two MA's closing in Could get...

Orriginal

As we can see, the Range Top has once again rejected PA in a very similar manner to when it did the same in Jan '21. That led to 2 weeks of Red and then a short Green to once again Test the upper trendline, which we broke through. There are a number of things that point towards this possibly repeating itself, not the least of which is the seemingly reawakening...

Orriginal

The DXY is one of the MAJOR influences across all markets and including Crypto and I feel that on a longer term Time Frame, we are about to see an over all rise but its probably not for longer than about 8 Weeks I am looking at what happened Last time DXY went up to the Upper trendline and eventualy, when it rolled over, it came down to the 0.5 Fib line ( Arrow)...