elshanti

elshanti

it seems everybody is bullish again.. there is a short opportunity to kiss the trend line and further the 200 MA goodbye !! - breaking the daily 50 MA invalidates the idea- ***THIS IS NOT A TRADING ADVISE.. IT IS JUST AND IDEA FOR EDUCATIONAL PURPOSE ****

elshanti Updated 

perfect correlation between btc and the stock market !! suggesting btc is yet another tech stock and not digital gold.

elshanti Updated 

a breakout of the triangle or the weekly 20 MA which is WMA 200 on the daily can be bullish or bearish.. we have very similar almost identical breakouts from 2013 with opposite outcomes..

elshanti Updated 

we bounced 2000$ from the dip..with massive volume as it should.. i find this bounce very similar to september 2017 bounce from the dip at 2950$ with massive volume to 4000$. september 2017 dip --> 2950 $ february 2018 dip ---> 5900$ (= 2 x 2950) september 2017 bounce ---> 4000$ february 2018 bounce --->8000$ (= 2x 4000) expecting sideways accumulation for 2-3...

elshanti Updated 

Almost identical fractals.. check the 100 MA and 20 MA cross on the 1st of Feb 2016 and it happend again today !! lets see which direction the market will decide !!

elshanti Updated 

finally the long awaited breakout!! but to the downside !! we have two paths same target..one fast the other slow !!

elshanti Updated 

look at the bigger picture dont get stuck in triangles..they are useless !!

elshanti Updated 

while everyone is busy with daily MACD and triangle breakouts... I wanted to point out to a very important event occuring on the weekly indicators..a simple comparison looking at the charts of 2013 april vs 2013 december crash and the current situation on the far right.. the charts speaks for itself.. the last time the macd cross happend on the weekly was at the...

elshanti Updated 

BTC..Fibonacci says you have to revisit one of my favorite numbers first ---> 8 NOTE: trade at your own risk use stops losses this is not a trading advise it is just an idea..

elshanti Updated 

LOOKING BACK AT HISTORICAL CRASHES/ BIG CORRECTIONS..IN EACH OF THEM THERE WERE SEVERAL BOUNCES (DEAD CAT BOUNCES??) FIRST 50 MA THEN 200 WMA AND SOMETIMES A BOUNCE FROM 200 IN MORE DRAMATIC CORRECTIONS..

elshanti Updated 

A RISING WEDGE AND IT IS A CARBON COPY OF POST DECEMBER 22 CRASH.. LOOKS LIKE THE FALL IS IMMINENT AS VOLUME IS DECLINING AND THE PREVIOUS FIB SUPPORT NOW HOLDS AS A STRONG RESISTANCE.

elshanti Updated 

a projection based on a fractal of 2013 correction after the first bull trap .. note that its H4 vs H8 comparison as timeframes slows with magnitude and the volume adoptio etc.. based on the correction pattern in 2013 we might continue the shake out all the way to 7-8 K range around the 0.618 FIb or go highr from here if the resistence doesnt hold and FOMO kicks in..

elshanti Updated 

follow up to my previous idea with stronger call for similarity to the june juley 2017 correction. "Fractals are a fascinating branch of mathematics, in which often relatively simple formulas evaluate to infinite complex patterns that repeat themselves over and over again at different orders of magnitude" A must read : medium.com

elshanti Updated 

Credit Goes To Michael B.Casey A Must Read Paper "Speculative Bitcoin Adoption/Price Theory": medium.com

elshanti Updated 

A projection for future bitcoin price and trends based on transaction/adoption curve and historical trends and data.

elshanti

Price projections and a possible future flippening based on current trend channels and slowing btc transaction growth rate..

elshanti Updated 

analyzing the bull/bubble cycles from 2012 to 2018 where each cycle has 2 mania phases.. - I tried to point out the yeild for each currency based on the price at the begining of each cycle. - I catched and interesting identical pattern between LTC in 2013 and XRP in 2017 where both yielded around 750-1000 X of the intitial low prices. - BTC performance and...

elshanti Updated 

A simple forecast for future of bitcoin growth/adoption and price based on histroical transaction volumes and price curves /lines.