


creengrack
Untradeable range, dont forget to pay yourself first traders. All gains both sides will be wicked away just like the past price action has.
Observing the upward sloping support trend on the stochastic rsi, we also use it for forward time projections if any bull trap were to take place; theoretically the market makers want to trap as many people as possible, waiting for monday to rollover price would do just that. -though i will say dont count out BTC yet, wait for confirmations, the higher we go...
the yellow line is the capitulation from the 2020 ATH, the purple is the most recent pullback in september. Road map idea see other recent charts
whether more consolidation or bull breakout, im watching this parabola on dxy to help me decide. I will link btc routes below
High to low to high of cycle tops using fib channels has got both pull backs, i will now compare the cycles in real time and attempt to trade this idea. I think we put in some ranging at this area and make a ascending triangle into spring. maybe earlier
With fear at an all time high, it seems like the perfect recipe for some higher targets, first is 75k. Bar pattern analysis on previous post
Previous pattern circled. this is very possible, the cycles are lining up.
cycle analysis in my previous charts. i will be trading this megaphone scenario
alts could move up while btc consolidates, i dont have the time to go over every single scenario and cycle within the lower time frames that is seen within this chart. if you have any Qs just ask
Hull Moving Averages are the best moving average for trading bitcoin. Notes are as seen on chart. Possible bottom/ consolidation.
using @wyckoffmode 's rsi and the stochastic rsi i am seeing similarities in bottoms here. make the populous load on shorts to cover and spike it higher.
pattern is easily visualized using the hull moving averages; though we have moved down to a slower MA, we could be following the same continuation move as seen above. painting a falling wedge that breaks down.
HMA 55 89 144 233 377 TFs that work well are 30m 1h 4h 6h 8h daily
Invalidation is a 2hr candle close below 49999 or 55ema. Strong hands here bulls lets get it done. Shorts rekt next
possible bottom here. long term down trend as more currencies enter the space. watch percentage of triangle fill, 66% is breakout zone/ resolution fulfillment area
Take note of previous price action, how much consolidation is needed at this level? more Bullish the more we stay above the 55ema
Mean reversion should be learned and mastered by all. I am curious to see how this plays out, will we have long drawn out melt down like the previous melt up; or will bulls make it known they are here and in control? Time spent in the current red bubble will determine who has control. If the time is less spent in the bubble than the previous red bubble, bulls are...
2 possible scenerios lay ahead, i am still macro bullish but anything below 52k is scary. we need a good wick down followed by buying pressure and bull market continues.