coinables

coinables

Keep it simple, zoom out, watch spreads between short and long term moving averages.

coinables

Moving average spreads says we have bottomed. Historically exceeding a moving average spread over 0.42 marks the bottom of a bear market. The spread has started to plateau and correct.

coinables

I admit it may be here much sooner than I expected (I was thinking Sept-Oct for bottom), but MAEMARSI Weekly is flashing a blue candle. This indicator marked the bottom of the last two bear markets. The spread between the short term and long term moving averages is also hitting a critical level indicating a potential bottom zone. Candle still needs to close blue,...

coinables

Taking a stab at what we might see, thinking we will likely bottom around October of this year and it will be sub $20K, probably ~17k-19k is my guess. As with the last two bear markets I will wait for a weekly blue candle on the MAEMARSI, as we've seen in previous bear markets it marked the exact bottom.

coinables

We are setting up very similar to how we did in late 2012 where we consolidated in a bull flag around $10 per coin, the rally that followed was a 25x gain to $250 per coin. A similar to move today 25x from $40k would take us to $1 million per coin.

coinables

As you can see bitcoin is exhibiting extreme bear market behavior with all three moving averages pointing upward. You should sell... .. .. ( into my bids ).

coinables

Weekly MA spreads (distance between short term and long term moving averages as a percentage) of BTCUSD on Bitstamp indicate we are still bullish. Historically prior to a cycle top or bottom the MA diverge by at least 0.5. The actual cross of 0.5 occurs just after the top or bottom but a cross has occurred none the less every cycle top or bottom. We have not yet...

coinables

They can't sell forever, right? ^__^ right? -__-

coinables

Keep it simple. Don't believe in coincidences. Next top ~$230K

coinables

TSLA well over-extended above MAs and divergences are being revealed.

coinables

Possible speculative bounce play based on prior resistance/support level at ~$9,100. Moving average spreads also at a common pivot level.

coinables

OILU giving us a buy signal on the daily timeframe for a bounce with a potential 25% opportunity based on previous price structure.

coinables

Thinking a possible spring time local top would complete a large time frame A-B-C-D pattern around $25k. Possible sideways through summer and then explode to a final top Oct 2020 - Feb 2021. Time frames I'm using based on MA spreads as seen in my previous idea a few weeks ago.(link )

coinables

The long term support has held. It should be upward movement (in general) on month over month basis until we max out in Oct 2020. I'm expecting us to break $20k in March or April. This cycle is moving faster than the previous cycle. On average it is taking 37% less days to achieve repeating long term technical patterns. For example using monthly candles: From...

coinables

Moving average spreads on UBER are indicating an exhausting oversold condition. 9% until nearest support resistance line.

coinables

Bitcoin approaching its 382 fib. The run up and short term top in early Nov 2015 was stopped by the 382 fib. Took until May 2016 before moving back above the November highs. I'd be cautious. I would NOT short. I'd like be a buyer anywhere around ~6500-7000 range before the next rally starts again.

coinables

GOOG has been well oversold on the daily timeframe with the short term MA over extended below the longer term MA, now showing signs of contraction in the moving average spread percentage. This signals a recovery is likely in play.

coinables Updated 

United Rentals has put in a buy signal for a potential bounce for 4-10%