Orriginal

Orriginal

The Main Chart is the chart from BITFINEX that trades Bitcoin to Gold DIRECTLY I look to this often and find it a MUST See to compare the two assets. This is Not done to try and make BTC like GOLD but that they are both investments with returns, It is as simple as that But which one has the higher return ? I have taken the November 2021 Bitcoin ATH as the Datum...

Orriginal

We have seen some pretty Good CME Gaps in recent months, a sign of volatility. And, as I have been saying, CME GAPS ALWAYS GET FILLLED the proof of that is right here, showing you the recent ones. So, eight now, we are filling a gap from Below The question is, what will we do than? Once the Gap is filled at around 86485 I would be a Very rich man if I knew for...

Orriginal

I do think this has a Strong possibility of happening MARCH will close as a RED Candle and the statisical expectation is that April will close GREEN and yet there are many reasons why Bitcoin Cannot rise a lot in April to make that Green SO, We may see March drop down to the 74K area to end the month This Gives PA the ability to Rise, hit that trend line and still...

Orriginal

This post will include the same chart as a Month, Weekly, Daily and 4 hour The 3 indicators are RSI - RSI, or Relative Strength Index, is a momentum oscillator used in technical analysis to identify overbought or oversold conditions in the price TSI - The True Strength Index indicator is a momentum oscillator designed to detect, confirm or visualize the...

Orriginal

As I have said many times, I always look to Both sides. Bullish and Bearish. This way, I manage to always know what I am going to do should a Market Direction change. I got caught out once before..NEVER AGAIN So, While so many, including Me, look towards Further gains in 2025, there are some indications that A TOP has already been reached. There is NO guarantee...

Orriginal

A nice simple post here. As you can see, in Late January, the 5 main SMA ( Simple Moving Averages) finaly got into sequential order Under PA This is a sign that PA is bullish. As you can see, in September 202, this happened and PA began its rise after a sharp drop just before hand. It is a bit different this time in that we have dropped AFTER that SMA order was...

Orriginal

Why HEIKEN ASHI Candles ? Heikin Ashi is a charting technique that can be used to predict future price movements. It is similar to traditional candlestick charts. However, unlike a regular candlestick chart, the Heikin Ashi chart tries to filter out some of the market noise by smoothing out strong price swings to better identify trend movements in the market. (...

Orriginal

In a similar vein to the chart posted earlier today about the patterns between the 50 and 100 SMA, this post is using the 50 SMA ( RED) and the time spent above and below PA. Alongside this, we have the day counts for PA LOW to PA ATH since 2014 After 2013 ATH and once the 50 SMA dropped below PA, it spent 399 days below PA After 2017 ATH and once the 50 SMA...

Orriginal

This is a long post but please read it all, there are some Major things to take note of. The Main item in this post is the day counts between 50 SMA ( RED ) and 100 SMA ( BLUE ) and the days between Cross overs of these. The upper day counts on the chart, count from ATH to when 50 crosses below the 100. Then from that point to when the 50 Crosses back Above the...

Orriginal

I have been looking at this in detail for some time and have decided to change how I calculate things and here is the result. There are 2 things of Massive importance to see here. First is that Curve that PA has been under since 2010 The Lower Dashed Line is the Trend line formed in 2011. It is Strong and it is Valid and PA is currently running along it. Here...

Orriginal

I was just looking at this Linear chart and spotted a couple of things. So many people Use LOGARITHMIC charts. In summery, A logarithmic chart is a graphical representation that uses a logarithmic scale, which differs from the conventional linear scale. In a logarithmic scale, the distance between values is not constant but increases by a factor, making it...

Orriginal

sin November 2022, PA has almost become predictable. Running on a Pattern of Steps and Always paying attnetion to the Weekly MACD I have posted in detail about the weekly MACD in other posts so I will not expain much now but here is the chart again, It explains itself really. We are, once again, Waiting for the weekly MACD to reset to Neutral, were we hope it...

Orriginal

I have posted this chart before so this is an UPDATE As we can see, PA has come down and now bumped into the rising line of long term support and at the expected % of drop ( -24 ) Does this mean that PA will bounce ? NO but it does have a higher chance of doing so as the lower Timef rames are now oversold. The weekly MACD is still falling Bearish and has a few...

Orriginal

Bitcoin retraced down to 76573 usd and this is just below the 2.272 fib extension line at 78930. Previously, PA had dropped to this area at 78187 on 28 Feb We can slao see how on 9th Nov 2024, PA has found this line ot be resistance but managed to break through, leading to the cueent ATH This is why we really do not want to loose this area as support and I...

Orriginal

That was a horrible week for many Uncertainty for those that do not understand Bitcoin and the JOY of buying more at a cheaper price for others. I will admit to thinking PA was going ot bounce over the weekend and then get down to where we are now..It went down over the wweekend.. I do not mind... My SPOT buy orders began triggering. So, on a slightly longer term,...

Orriginal

This will be a slight adjustment to what I said yesterday about how I thought Bitcoin wold stay within a Range with a top at 91K Looking at the now Ascending triangle, we may brake back up into the previous range Box with a top around 108K - PA certainly has the strength to This could be helkped by the Droping $ that has a mearsered move down to as low as 100...

Orriginal

Bitcoin has a habit of moving Rapidly, Randomly and at times, with Huge levels of volatility. An yet, ALWAYS, it obeys Fibanacci levels to the Key. The chart above shows this very well on a Weekly time scale. Since the Low and start of this cycle on 13 Jun 2022, Bitcoin has moved Time and time again with Fib Extensions and Fib Fans providing Support and...

Orriginal

I havw Noticed in recent days, people "Boosting" A chart I posted in Dec 2022, called "BITCOIN Halving cycles and Pump %" So I thought I would update it and see where we are now. In it, i said 2024 would be a Good year. Well, we got that in many ways and not surprisingly but we have seen some things that point towards this being a VERY different cycle and I will...