Some people waaaaait a lifetiiiiime - for a movement liiiike thiiiiiiiiiiiiiiiiiiiiis. This is a clear pattern we see constantly and so I expect it to play out like magic here for Bitcoin. My short target here was already hit. That doesn't mean it won't touch near-term bottom again but I expect general direction to be up, rounding out this cup to the point of...
One way or another, this pattern is very likely to complete for COINBASE:BTCUSD . We see it play out on the minute chart constantly because Bitcoin is in a fractal pattern of self-affinity. The question is whether or not we will complete now to 6k (The fractal also includes going to 20k) or go down for one more bottom first at 3100 or whatever it was.
The current Bitcoin squeeze as I see it. Notice how the trendline patterns are the same as the price-action patterns. Assuming it will round out and up.
This is a short-term short setup for BITMEX:XBTUSD that should be followed by a massive rise in price via the beautiful butterfly effect. It will either be this or price will keep going up from here via the bottoms we've already had. This would not surprise me either. Let's see. If this one plays out or stops out, we'll go from there and plot our way to the...
Crypto mental health is important. Especially for BITFINEX:BTCUSD traders. Never forget where you're basically at. This sort of perspective becomes second-nature. Hardly matters, depending on strategy. Smile :)
Saturnians rejoice. I beseech thee: Go unto thy exchange. I would call this cosmologically oversold.
We have a minimum wave c to 4253. Typical wave 3 to 5311 (Possible). This is a return to MA. Entry signals on Ergot and Bob Rooker indicators (Free indicators I've published here on TV). Ichimoku also in agreement. Let's see how it goes.
High probability to $3,531. Full wave is to $3,713. This is a near-term forecast.
Ethereum / ETHUSD Very high probability abc to 106. High probability wave to 168.
Something like this is reasonable. The two price bubbles are from my elliott wave ideas. Also ichimoku.
I just watched the exact same pattern play out on the BITFINEX:BTCUSD minute chart as the macro of what Bitcoin is now. This is what market charts and pattern do. They're fractal, through and through. Please see the minute chart here: From that, we can generate a prediction. Using the same ratios and movement patterns, we can call BITMEX:XBTUSD going to...
This is how I would read the chart, in the simplest way, if everyone weren't so pessimistic due to low sentiment. A big rise followed by some retrace either bouncing off new support or heading down. I just don't see it going straight down from here. I could be wrong but sentiment aside, does it look like that to you? Sentiment will change with the pattern. We know...
Let's look at XBTUSD a different way. We use the new Invert Scale feature. If this were the case, what would you say is about to happen? Looks short inverted, which of course is long for real real.
This is the Bitcoin chart I started several days ago and been updating on Twitter. Moved here for all to see. Originally was just mapping out some patterns and main trendline. Then we developed some new ones and some triangles. Seems to be following the symmetric triangles and if it does that, has potential to be squeezed, hopefully to upside once and for all....
Classic signal. Shorts should exhaust soon for next run.
Quick rundown of my current BTCUSD / XBTUSD thoughts. For months I've been waiting for my AI forecast to play out. Looking at the chart now I see several signs that we're in fractal compression waves which will expand to previous highs. I'm not saying it will happen in this run but it becomes more and more likely the more it compresses. It must eventually expand...
This XBTUSD idea is pretty self-explanatory. We have the M pattern. We rejected in an expected manner. I think we'll bounce off the POC at $6,700 and keep heading up.
Respect the technique