Orriginal

Orriginal

The simple fact of life is that for everything that goes UP, it has to drop at some point and for BTC, that point maybe soon but this Will NOT be a bad thing, as if PA follows the suggested Path, it will come back to to test support on what has resistance for a long time last year. Shown are the SMA and EMA 50 ( Red) and 200 ( Yellow) As far as I can see, this is...

Orriginal

The BNB coin is one of the main coins I watch and for many reasons, Mostly because I loads at 10usdt each, but thats another story It is a coin backed by so very much, a Strong, Safe Exchange and with Loads of projects sitting on the BNB chain It is an exchange accepted in more Top ranking countries, WITH governmental approval than many others and it has been...

Orriginal

The TVL or "Total Value Locked" indicator is great It is the total value locked in the DeFi staking protocols and represents the amount of assets deposited by the liquidity providers Despite the almost recent Change of Direction for ETH, it is still WAY behind the King of the Pack The Real problem we have with ETH now though is the ability for a Corporation to...

Orriginal

I am still waiting for confirmation that this idea is WRONG Even if it work sout to be correct, the bounce from the True Bottom wil be Epic But there is also a very good chance this idea is FALSE Time will tell

Orriginal

Just going to leave this here as an idea to watch What is interesting, is that if the crypto "Cycles" are in fact Elliot waves, there Will be a ABC correction at some point Or would there have to be ? Interested to know what you think

Orriginal

This is part f a Long Range chart I have and shows a possible path for Bitcoin over the next 18 months. As mentioned, it is part of a Bigger Idea that seems to be playing out but I need more Data For now, the explanations are in the chart but, in short, if this plays out, we are good till Mid year, when world economies will change, and so will Crypto But by...

Orriginal

Posting this again while we wait for the US Federal Reserve ( A PRIVATE Group of Representatives of Private Banks) to come out and announce the next rate Rise. I feel it is important to note how BTC has reacted in the past. Mostly well. The major declines in PA are NOT actually from A Direct result of Rises but more the effect on other things. Both LUNA and FTX...

Orriginal

As we can see from the charts here, it is plain to see that it is BITCOIN that has out performed everything else really when it comes to money Flow The Left hand chart is the TOTAL2 Market Cap, which is everything EXCLUDING Bitcoin and on the Right is Bitcoin itself. And Both charts show us the drop that happened when FTX was brought down. The recovery from...

Orriginal

So the real question we face here now is will PA break over that diagonal trendline or will it get rejected and drop further. Daily MACD is still over sold and turning Bearish so it is a possibility. On th escreen there is the "Local " retracement fibs, just below that is the larger scale retracement line of 0.236, first line of support should we drop more....

Orriginal

TOTAL Crypto Market Cap PA Got back above the Neckline of the "FTX Drop" and got swiftly pushed back below But this is OK, It took PA to overbought and so now, we need to cool off and gather strength for the next push Should use trendline as support PA above 200 EMA now, also support FED tomorrow so this is very well timed.

Orriginal

DXY PA is approaching the upper trendline in its descending channel. Rejection here could lead to 100 to 98 Alternatively, we may see the FED on 1st Feb, provide support for the $ by raising interest rates above 50 points, possibly 75 It is all to play for

Orriginal

Using 2 sets of retracement Fibs on this chart. The LArger set comes from the Nov '21 ATH....PA came down to the 768 and ranged along it apart from a short drop below after FTX, NAd in the recent push up, came back to the 702 ( technicaly Not a Fib line but often met) The Shorter Fib retrace is of the "Local" high after the recent push up. I can see PA coming...

Orriginal

Big week for DXY with the DXY SUPPORT GROUP ( FED ) making a rate Hike on 1st Feb PA still has room to drop to 100 mark and is likely unless the Fed announce a 75 point raise. BUT, if PA hits 100 - 98 , expect a hard bounce with a possible target in time of 118, maybe by Nov '23 DXY is gettign to be OverSold now but the real question maybe When is the Treasury...

Orriginal

After 3 weekes of climbing, it maybe time for BTC PA to take a breather now while Sitting on the 1.236 Fib extension The real question is, Will that Hold ? We Have the FED coming out this week with latest Rate Hike. Expected between 25 - 50 Points, in which case markets will be OK, 75 and its a blood bath. On the whole, as shown in previous chart, BTC PA is...

Orriginal

Posted this chart a while ago and pointed out the Death cross Bu tLOOK..the 50 EMA is starting to lift It has a way to go yet to avoid this Death Cross but if the bulls can keep this up...We may well avoid it... Biut it is not going to be easy....I think Delayed maybe more realistic..the amount of money required to lift that 50 MA enough is HUGE......surely...

Orriginal

BTC is about to come into an area of Strong resistance and also bumping into the crossing 50 & 200 SMA, creating a Death cross, that PA is trying VERY hard to stop. The Coloured horizontal Bars are areas of Volume as displayed by VRVP on the right. Not how these Ranges also match up to previous PA from 2017 As I mentioned last week, it is ighly likely that PA...

Orriginal

#Bitcoin Weekly & 618 Fib circles One Thing that tells me things have changed is the fact that PA is climbing UP a 618 circle. 1 & 2 were rejection, 3 was neutral & 4 is support NOTE the Arrow on 4.236 ( usual rejection ), when FTX went down & Fed put in 4th 75 point Rate hike- the perfect storm for a wash out. For Me, Fib Circles are more important that many...

Orriginal

Bitcoin Bear PA key moments are listed here - the RED vertical lines are interest rate riaises by US FED. Nov '21 TAPROOT installed on Bitcoin Network, after which PA reverses. Slow "Bear" market takes hold and PA slides down FED has 1st Rate Hike in a very long time in March '22, Bitcon PA actually Rises. 2nd Ratehike by FED on early May News comes out that...