j_p86
Yearly pivots working great on ETH/USD. Buy M2 sell M4-R2 area easy. Ultimate target $900-1000
Targets and minimum period for the bear market. My idea - for future reference!
For future reference and my own personal use. :) Just a simple and easy trade. BTC weekly RSI closes below 30 - The best time to buy. Also DeMarker - If it goes to the extreme levels , the trend intensifies!
Point of this idea is future reference! Candles - DXY Yellow - Bitcoin Blue - SPX Comparing cycles of BTC with regards to the dollar and stock market. For a booming iconomic cycle we need: 1. Access of money 2. Access of optimism 3. Low risk tolerance At end of 2017 we had SPX at ATH , tanking dollar , optimism in the markets and willingness to invest in risky...
As we are breaking the support line (supporting the price since 2009) I'm wondering is this it for SPX , are we going in a bear market and recession. Anyways if we close weekly under that line than it's GG. Most importnat is how will an iconomic crysis will influence BTC and the overall crypto market. IMHO not good. Pray for BTC.
Chart speaks for itself, I'm cautious, staying in fiat for the time being. It is possible to go up a bit, 7k is considerable target. What are you'r sentiments for the market? Good luck!
Get ready for next stop 8k. After that, we'll just have to wait and see. :)
Pretty obvious C&H, if it's realised you can see the target, fat cyan line is important uptrend line keep it in mind if we break it.
It;s time to pay some attention to BTC now , gartley pattern forming , need to break 10k to have some more upwords movement.
We got some bear divergence on the 1h chart. I would be very cautious here. Watch out for the Gartley pattern as well. Remember the trend is your friend.
I think BTC is ready for a decision which way it will go, been jumping between 0.5 - 0.618 - 0.786 fibonachi levels, drawing symmetrical triangle. Drawing those LH and HL and CME futures expired interesting times are coming for sure. Comments are welcome.
Just an idea - Quite similar patterns , MACD in similar position.