Prior to the incoming $26k... Expect a crash to begin over the next few days, dropping to $6200 on or around July 14th. Next, the rebound: Phase 1 target $9700 - Aug 17, 2020 This marks the end of the bearish market with a significant Inverse Head and Shoulders formation, which leads to the Phase 2 rally. Phase 2 target $14,500 - Sept 4, 2020 Phase 2...
Current bullish flag and continued downtrend has hit 61.2% Fib Retrace. May continue current downtrend until $5500. Feb 8th, if repeating last year's trend, will begin the rise over 86 days to a target of $17,500, with FOMO to $20k sometime between April-June. Don't be greedy, Sell after reaching $20k target as $23k may be achieved, but Bitcoin will begin...
Notice, each time we enter the bottom of red Ichimoku cloud, we come out the top of that cloud and rally?
The TinFoil chart has spoken. My Mar-26 target of $80k is falling behind, but give it time, another week or two. This is not an exact science. In fact, TinFoil doesn't believe in science, he believes in magic!
Target $199k, based on bars pattern that current closely matches the pattern we are experiencing.
Comparing 2015-2017 multiyear high (resistance) and multiyear low (support). Low 805 day period peak at $685,000 (8100%, the same growth as 805 day period between 2015 and 2017). High 805 day period potential peak $10,800,000 (far exceeds the percentage of growth from 2015-2017). 805-day rise ends on Sept 22nd 2022, due to a late start from Covid delays earlier...
Bitcoin taking some heat today, but this is normal. Expect some consolidation and rise to $80k within 30 days.
It's been a while since my last chart update, but looking over my old notes, we continue to be on track, even after the Covid-19 crash. This crash appears to have only delayed my previous targets including a new buy target around $4800. Target sell point before Oct 1st, 2020 at somewhere between $16.5-19.5k. Ichimoku shows that we will be pushed down until...
I'm back in after this inverse H&S has emerged over the last month or so. I got out in November as I was seeing a downward trend I thought might go as low as $5500, but it appears to have touched bottom and was in my buy zone, also is showing an inverse H&S completion with a target between $8100-8600. Looking at the pitchfork channel downtrend from mid last...
I know that RSI isn't a solid predictor, but I feel it may be giving us an idea of where our current status is in relation to the overall cycle of Bitcoin. See this image for a zoomed in look at 2015 when we had fallen from a value of $300 per Bitcoin to $198. We rose again for a short time, looked like we may get out, but then we fell again. The RSI pattern is...
See purple bullish pennant on weekly chart. Only measuring the flagpole back to the prior rally to keep speculation at a minimum. Charts show we are approaching the bullish pennant breakout (another week or so) and after the breakout from that triangle, TA says we're likely to go up approximately 408% over a 77 day period after breakout. It's cheap, buy now. ...
Targets hit.. dead cat does bounce, people who are just in too close don't see it. Be patient and take this opportunity to buy more before we rally to $25k and beyond.
Ichimoku shows me we're seeing a fake bearish move, a final attempt by bears to break through the Ichimoku support cloud at it's weakest point. This is unlikely to succeed as we have been building this bullish movement for many months and now have the steam to move forward. Bears may try, one more time.. it's ok. Patience will pay off.
OTN Ichimoku cloud shows we're ready to touch the shoulder of the cloud in the next week, propping us up and sending us into a rally equal to the prior rally a few weeks ago.
This may be an early call. TS/KS of Ichimoku have crossed signaling a downward movement, but I see that we are beginning some upward movement from the bottom, with the Ichimoku cloud below us giving us support. Since we have recently crossed the daily Ichimoku cloud, we're on track to see some rallies incoming as Bitcoin and ETH begin to move up drastically. ...
Simple chart here, look at our rallies (2) since the turn around. Bouncing off the top of the Ichimoku resistance area, building steam for this launch. Soon as we break the top of that cloud, we're taking off. To the moon! Target $1100 within 20 days.
If you've been following me the last couple weeks, you'll see what I'm saying about coming off the top of this 1D Ichimoku Cloud to begin a rally that will likely propel us to $12,000. I expect at that point we will be ready for additional rallies from FOMO after breaking the $10k barrier. But, it may also be a time of short consolidation while we recharge. We...
Today, at this moment, we are touching the bottom of the 1D Ichimoku resistance area and within the next 4-6 hours I expect we will have broken through the top of that thin resistance area. This marks the date that our consolidation period from November has completed. We're ready to begin new rallies beginning on 4-21 as the Bull Market is here and here to stay...