RedAndBlue

RedAndBlue

It seems that the BTC price mimics the movement of the global money supply (M2) with a lag of several weeks (around 80–90 days). With the current M2 top, and assuming BTC truly follows M2, the BTC price could reach around $133K. If M2 makes a new top, BTC could surpass $133K.

RedAndBlue Updated 

Buy opportunity usually occurs within few days since backwardation happens. 12 march 2020 UTC+7

RedAndBlue

BTC Backwardation on 24 October 2019. Future contract : Dec 27 (XBTZ19)

RedAndBlue Updated 

BTC in backwardation again. Possible bullish (maybe small bullish) movement in next few days.

RedAndBlue Updated 

Possible BTC/USD correction in next few days Possible bearish divergence (RSI) Possible bearish divergence (MFI) Possible MFI oversold Price is approaching high volume node in $10,600 (volume profile). In daily chart, it seems price can move up a little bit (may be approaching high volume node).

RedAndBlue Updated 

Pump soon? Backwardation detected.

RedAndBlue Updated 

It is possible that BTC-USD will range within the green box, before going up again. Pink histogram shows start of accumulation period. Longs & shorts are low. Longs are almost equal to end of April 2019 - early May 10th 2019. Bars are below EMA 55, which is very tempting to short.

RedAndBlue Updated 

BTC Bullish ABCD Pattern, with target is previous peak at around 9.546. Momentum indicator seems to favor the bullish momentum as well.

RedAndBlue Updated 

Daily seems to form bullish continuation pattern for XLM/USDT.

RedAndBlue Updated 

XLM/USD Bullish idea based on ABCD pattern with target around $0.14664 which confluences with horizontal support line (marked green in chart). There are 200-EMA & 200-MA as resistances which must be broken to make the target happens.

RedAndBlue Updated 

It is possible that XBT/USD is ranging inside parallel channel to gather enough momentum to do bullish movement.

RedAndBlue Updated 

This appears in 15m, 1H, 4H.

RedAndBlue Updated 

I think this green box area could become support area. The bottom of the box is also slightly equal with EMA-200. This is not financial advise.

RedAndBlue

Here is bitcoin yearly trend since March 2013.

RedAndBlue

Here are CNBC predictions in twitter (@CNBCFuturesNow) . Green means bullish signals. Red means bearish signal. 3 numbers in 3 lines means : (in order, in both bullish & bearish signal) Stop Loss Entry Target if bearish signal, swap stop loss & target. Green 6750 6450 5900 Means : Stop loss : 6750 Entry : 6450 Target : 5900 Time is UTC+7

RedAndBlue Updated 

This is my first public idea and my first time using volume profile (which i am still learning until now). So please correct me if i made mistake. The resistance which is on purple line ( 8391 ) is placed based on LVN (low volume node), which is also previous high on 15 & 16 April. If the price goes above the purple line, the price should go higher. If the...