2023 looks like it will be bullish. Is it possible that that Bitcoin could reach 90k by late 2023 or even early 2024? Yes anything is possible, however it's not likely. What is likely is the beginning of the new bull market (March/April) is what I believe. Until then, we will only see small movements with volatility growing upward into second quarter of...
Here we see a chart of XHV Haven protocol on the weekly vs BTC. As we can see, every time price action gets near the 21 week moving average (yellow line) and gets above it, a vertical move follows. I have also included the Vortex indicator (VI) and the Money flow indictor (MFI) both on the bottom of the chart. The VI; When ever the blue closes the distance and...
Yearly gold chart is definitely not looking at all. with massive bearish divergence on RSI and what looks to be a potential top. Uganda finds 31 mega tons of gold (supposedly) that would double the supply. Also there is a rumored massive supply in the grand canyon. Let's not forget about the Rumored asteroid golds miming lol. Take all of that and all the fake...
ICP, is it a dead project or just suffer from bad timing on the release? This project was released with a lot of hype behind it but nothing but deflate and loose value ever since it's release. It something better than hype going for it right now and that is bullish divergence on the RSI and the MACD. The MFI showed a break above resistance and is trying to hold...
I recently made a chart on gold and how it's showing weakness on the yearly chart. here is a look zoomed in on the monthly. even here it's showing plenty of weakness with RSI and once again showing bearish divergence. Thanks for looking.
I have taken the chart from late 2019 to now and flipped it over up side down., and i'm wondering, if this could be in store for the Bitcoin price this year into nest year. I've also included the Halving date with the yellow line. What if bitcoin just does another distribution phase? This just a thought. Please let me know what you think down below. Thanks...
What is going on here? GBTC is the GreyScale Bifcoin trust. It exploded up for almost 10% while bitcoin goes sideways to slightly down. What does this mean? It could mean the correction is either over or Almost over. Why and how can this happen? For me this shows that GBTC without a doubt is not bitcoiin and it trades outside the bitcoin market. Let...
SPY along with the Dow Jones are in a very similar broadening trading wedge. They both have also recently broken out of a bull flag, also they have both entered above the 20 level in Stochastic RSI, (the Dow first). The Dow Jones also printed a bullish engulfing monthly candle back in Oct of last year just before breaking out of it's respective bull flag. ...
Although we are pumping the bear market is not over. So if the bear market isn't over, are we going lower? Although we can I don't think we will. I believe the bottom is in. The 4 day death cross is confirmation according to historical data. 28k to 32k is possible. Not financial advice.
Fresh off the presses, Just printed today. 100% to 200% pump coming.
This is the million dollar question. This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run. Ethereum for the time is showing strength...
This is how marketing works, reverse psychology. What people don't want or are disinterested in for free or cheap, They will buy or even commit a crime to obtain at a higher price. Rinse and repeat and you have market cycles! Pointless alts with 0 use case and no working platform. It only shows that greed has no fundamentals, it's just blind greed. Not much...
Money & time spent on knowledge is well spent. Read useful books with information not twilight or Star wars. Read comments on youtube or other media platforms. Why? most of that is degenerate non sense. Yes, you would be correct. You can gauge sentiment and the herds psychology. The herd is always wrong. Hang around or work with positive people that are like...
Hi Investors & Traders Although this is a chart of the Dow, it will mainly focus on the interactions of Bitcoin with the Dow and the Nasdaq. I'm taking a slightly different look at the market here with this chart. This is the monthly chart of the Dow Jones, Nasdaq and Bitcoin, but the 4 indicators on the bottom are corresponding of the Dow. The four indicators...
Through out history men have done great things, so great that some are still not understood today in our modern advanced world. We tend to think they had less then us, (most likely true) maybe that's what made them great, the will to reach new heights. It's the unknown that they reached for for fearlessly. Most of the time reaching for nothing or too high....
Comparing the last 50 years of the Silver chart along with the 80's market top along with the 2011 market top. We can see a clear cup and handle 42 years in the making. Price action is laid over 2 indicators The Extended Golden Ratio Multiplier The CM Ultimate MA MTF The focus of this chart is the pink fib line of the Multiplier and the green & red CM ...
Litecoin on the two weeks has already secretly started building momentum as shown by the STOCHASTIC RSI on the very bottom. This move should carry it up into the yellow box to consolidate until it does it's final break out to new highs. Once the fifty dollar price point leaves it will most likely be gone fore ever. It's new should be around one hundred dollars....
First off I want to say, don't take this as gospel. This is a chart to follow bitcoin and plot it's path using math and it's trend patterns to date. The time sequences from a factor of 1.4, 1.5 and 1.6 are what the math shows me 1.4 Multiple being the trend from establishment (support) to trend end 1.44 Multiple is the breakthrough to the trend end 1.5...