UnknownUnicorn2181194

UnknownUnicorn2181194 Updated 

#Bitcoin Buy zone between $7,271.3 and $6,745.1 (8 to 12 day Bear market from May5. Day 7 = May12) THE FOLLOWING IS WHAT I POSTED APRIL 30: April30 #Bitcoin key to next big move here's why. --------> April30 Turquoise (light blue) shaded areas in my chart are formed whenever you get a consecutive day with either green or red vertical bars in my MACD . A green...

UnknownUnicorn2181194 Updated 

Previously market was looking at a drop from $9,990 of between $2,752.4 and $3,937. Looks like the 8 to 12 day bear market ended on the 8th day and that the drop won't be as great as the rise back up through the last daily fractal high by the 12th day. So I'm now thinking the reverse from $8,204.4 that would be $10,956 plus by end Wednesday ($8,204.4 + $2,752.4 =...

UnknownUnicorn2181194 Updated 

What's the danger. Has yet to close below green offset 5 day MA. Gone up to sideways since last Thursday May3 breakout of downward trend line . Also broke through a couple of significant previous fractal highs on the way up. Never closed higher than 12th March resistance level $9,900 ($10,000 just psychological level). I've got nothing else to add. Could be make...

UnknownUnicorn2181194 Updated 

Bears have taken hold. Market closed below offset 5 day MA point $9,380.13, and also below Thursday's breakout open of $9,236.4. MACD bars turned negative for the first time since April 8. Price had a slight break beneath the upwardly sloping green trend line yesterday, and broken through it convincingly today. Price to test lower support levels. $8,894 is the 50%...

UnknownUnicorn2181194 Updated 

Turquoise (light blue) shaded areas in my chart are formed whenever you get a consecutive day with either green or red vertical bars in my MACD. A green vertical is formed when you get a green candlestick but MACD bar drops. A red vertical is formed when you get a red candlestick and MACD bar rises. This has only happened six times this year. Each time except one...

UnknownUnicorn2181194 Updated 

Have updated daily chart. As previously posted the grey triangle area is set within important diagonal trend lines (especialy so if they begin with a fractal top or bottom). I'm now using the fractal low of $8,652.2 and $8,818 to construct a diagonal trend line on the basis that the market today May2 wont break below . A break below this trend line if set-up...

UnknownUnicorn2181194 Updated 

Was not a good start to the week.

UnknownUnicorn2181194 Updated 

Stop and review if break below $8,616. Then again other support levels above that should hold. As per previous post it looks like a bullish week ahead on weekly chart.

UnknownUnicorn2181194 Updated 

Stop and review if break below $8,616. Will update chart with later post once down fractal arrow shows up. It looks like a bullish week ahead on weekly chart.

UnknownUnicorn2181194

Love my coloured fractal boxes. This is how they play out over weeks and years. Log scale.

UnknownUnicorn2181194 Updated 

I've added the Williams %R to my chart and it looks like the rise to $10,320 by end Friday 27th has just been killed off today. The bar closed lower then the previous bar, and so did the MACD bar. So for a max 5 days the market will be going down to sideways to find support. If the market breaks $8,616 it should find support above $8,200 at least till end Friday...

UnknownUnicorn2181194 Updated 

To Wedge Or Not To Wedge ? Bitcoin in this state is probably pretty good at defying all possible reversal patterns like Wedges. Currently I would expect market to hold above $8,616 using Williams Fractal. Then again market could keep on going higher and create another two rising Williams Fractals with higher highs and higher lows and $8,616 may have to be revised...

UnknownUnicorn2181194

#Bitcoin velvet return done well

UnknownUnicorn2181194 Updated 

I've been experimenting with Fib cycles on the daily chart, and I predict Bitcoin will close above $10,320 by end Friday 27th April. The alternative would be that it closes above $8,200. The idea being the yellow verticals that each should have a closing price above the last to confirm the upward trend - I haven't back-tested the idea, but decided to publish...

UnknownUnicorn2181194 Updated 

I'm more invested in market going higher Weekly chart.

UnknownUnicorn2181194 Updated 

#Bitcoin looking sweet. Have switched chart to log to please some peeps.

UnknownUnicorn2181194

Right, so here is my new maverick gameplan. Looking first at the daily MACD. We had a down close day (red bar) but the MACD bar closed up (marked with green verticle). That is the the set up key for days which close down. Next we need to develop a trigger and a strategy in this case we take the close of the following day which closed higher than the opening of the...

UnknownUnicorn2181194

Updated. I've created for the Weekly chart my usual box set from Williams Fractal patterns with fib. levels, plus trend lines. For the Daily chart my first focus will be on identifying stops and describing my strategy.