Testing a volatility visualization with Fib-level offset, Standard Deviation, Macro Sentiment-based Support and Resistance; as BTC walks sideways through these ranges.
Trend tracked since 26th April or so, might as well publish it so it stops being right. Sentiment outside of crypto with regards to crypto shows extremely low positive interest, within crypto... it's the same conversation on repeat post-2013 and post-2017; which likely equates to "not bottom" at $20k, but who knows. Tomorrow Tim Cook can launch AppleCoin claiming...
I'm still not here, but honestly - this is it. I published a private version of this in May and thought to myself "nah". Welp. Now that this is basically coming to a head, and the last part of hope is on the horizon, honestly - what it looks like could happen to the crypto market is dark winter. It won't take much to invalidate this. A meteoric rise to break...
Honestly, this "bottom" is pretty weak. There are signs of incredible resiliency, but there's a breaking point for traders, and the market FUD/suppression/over-selling in order to orchestrate whales buying the dip to $30k-$35k might have been too aggressive. Bitcoin should/could claw back to $40k this weekend, which wouldn't be terrible, but it likely won't push...
Bitcoin has been operating sub 0sigma since the Elon fiasco kicked the market into high downward gear, however - this latest Trend Map (sentiment trend forecasts mapped to provide levels similar to Fib Retracement levels) looks like BTC might (maybe) try to stabilize and rise above the trend-median price (0sigma) which puts $53,500 to $58,000 (high target) on the...
Sentiment data is marginally different than traditional technical analysis. Median Trend Price, aka 0sig = Orange Line Resistance, aka 1sig = Yellow, upper Support, aka -1sig = Yellow, lower Extended Resistance/Support (2/-2sig) = gray, respectively Green is the 3sig (extended target) Red is the -3sig (retracement level) Ranging between the -1 and 1 sig...
Small exercise, SynQ projections corroborated, trend analysis on 1h BTC. Publishing now as the trend is starting - been watching, let's see how it goes...
Fun with trend lines, time! Here's a scenario that "could" play out, if BTC can't get legs. The bar overlay is from the last (2018-2019) horizontal price move along the top-side of a long-form downtrend. BTC to $5000? This would trigger bear market continuation through the end of 2020. Odds of this happening? I'm 50/50, but honestly - this is fortune-telling,...
SynQ + Market Cycle (consumer psychology, market factors - USDT, futures, et al) The identified market trend to top BTC (initially) to $10,500, as posted to Twitter yesterday, has been properly adjusted to the FOMO inflations in the cycle, and what the coming 230+ 4 hour market periods could play out over the coming 4-5 weeks. The probability of this tapers from...
Testing trend analysis algorithms through an upcoming software platform my team and I are developing; currently, backtesting and previous trends through similar buying patterns create an environment of "top" and "sell down" for profits to be taken when the market runs out of patience for "more pump". This is on the fiat pairs for a reason; for tether(s), account...
Probability 31%, current mode, trend at June 2018 forward. Overall, the outcomes of BTC point more to a $5800USD test if volume sustains sooner than later, however - if BTC finds it's rhythm, this is what it could play out like...
Looking to mid 2k's for this scenario if $3k fails.
SynQ NET pre-alpha testing.
Prototype predictive analytics model from SynQ (synq.tech) upcoming NET application/product. Notes in the chart.
The market cycles still point SynQ NET tests to a $3,000 BTC-USD test in the coming days; the probability, however, is wavering at 44% for this particular scenario (as of this publishing)
Here's one scenario, think back all the way to 2017, when Segwit and China FUD were all the rage; and BTC price was in a state of awkward "hurry up and wait" for something to happen. 2017 wasn't coming off the heels of a capitulation/distribution cycle, as much as it was being dealt blows from government bodies, and Roger Ver - however - looking now at 2018,...
SynQ NET algo test (#52), trend analysis of market maker(s) activity averaged out and 'shopped right onto TV at Dec 5th 12:00PM (UTC-7), published for future testing projection.