joerivdpol

joerivdpol Updated 

On the monthly chart, bitcoin is now moving around the price level of the 0.382 Fibonacci retracement drawn from the 2018 bottom to the all-time high in 2021. Twice before, this level was exactly the bottom for bitcoin; quite soon after—usually within 3 months—it prompted bitcoin to resume its bull run. Tom DeMark Sequential shows a 9 each time at the monthly...

joerivdpol

The chart speaks for itself, we have broken out of the triangle. In my opinion, we can prepare ourselves fairly quickly for the price level around $35,000. That is, after all, the 0.236 Fibonacci correction level.

joerivdpol

I am so overwhelmingly optimistic that I incessantly evaluate my emotions to ensure that my viewpoint is not erroneous. But how unrealistic is this when #Bitcoin is on the verge of closing its weekly candle at this current price level? We have breached the triangle and the 0.382 Fibonacci level. In recent days, Bitcoin has also established support at the 0.382 Fib...

joerivdpol Updated 

The $23k mark has been broken. Tomorrow is an exciting day. If Bitcoin (BTC/USD) closes the week candle above this price level, then—in my view—a new bull run is a fact. My target: $134k. It's the 1.236 Fib extension.

joerivdpol

The gold market appears to have entered the initial stage of a new, major impulsive wave, identified as the third in a sequence of such patterns. This cyclical trend can be traced back to 1832, with the completion of the first wave in 1980. The corrective wave 2 concluded in 1999, and the first impulsive wave of the current third wave began in 2001. In my...

joerivdpol Updated 

The silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that...

joerivdpol

The silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that...

joerivdpol Updated 

$23k is the reversal point. If we break through it, the bullish trend will be confirmed imo.

joerivdpol

I have drawn a Fibonacci time zone for each cycle from the top to the point the bottom is reached. After this, the Fibonacci sequence begins to count. I am starting at the top of 2011 to the bottom at the end of 2011, and these time zones count in vertical black lines. After this, I drew another Fibonacci time zone from the top of 2014 to the bottom in 2015, and...

joerivdpol

The Tom Demark Sequential Indicator flashes 9 on the monthly chart. Each time this happened, the bottom was set and Bitcoin prepared for another bull run. If you draw the Fibonacci from the monthly candle at the time the TD Sequential flashed a 9 to the highest point on the monthly candle that Bitcoin closed the bull run, Bitcoin then made a bottom at the 0.382...

joerivdpol

Bitcoin has tested the 0.618 Fibonacci four times on the daily timeframe. When you switch to the weekly timeframe, you'll see that bitcoin has closed the weekly candle above the 0.618 Fibonacci level every time for the past 13 weeks. I regularly use Hank Moody's indicators in terms of "ultimate RSI" and "ultimate macd" and also the "divergence for many...

joerivdpol

Bitcoin needs to break $24k, and then we'll get a nice summer relief rally. As I posted earlier, according to my analysis, bitcoin has set a bottom around the 0.618 Fibonacci retracement. To date, bitcoin has failed to break the $24k resistance point, although it has made several attempts to do so. 24k is an important point, as it is the 0.5 Fibonacci...

joerivdpol

Buying volume is increasing and Bollinger Bands are really tight, and that means it's getting volatile. STX is currently trading in my buying zone for 3 months. It's the 0.618 en 0.65 Fibonacci retracement from the last impulsive wave 1. From Stacks' market history, it can be seen that stacks has a habit of showing explosive price rises. As Bitcoin continues to...

joerivdpol

Stacks is on a breakout. As previously mentioned in my analysis of last May 30, found at this link: Stacks is very interesting to take a long position in. On the hourly chart, the Bollinger bands are hugely compressed. This shows that there will be a huge breakout, and in my opinion, upwards. I'm expecting an upward move because stxbtc has set a very nice...

joerivdpol

Make it or break it? Bitcoin will close the weekly candle within two hours. Closing the week below the 0.618 Fib ($ 20.200,-) is not convincing and shows in my opinion weakness for maintaining these price levels. Even $14k is then a possibility; it's the 0.786 Fibonacci retracement level. An hour ago, Bitcoin made its first attempt to break the 20k level. Volume...

joerivdpol

STXUSDT has put down a textbook 0.618 Fibonacci retracement correction on the weekly chart. In my Elliott Wave count, the last impulsive wave was a truncated fifth. In a new wave count, the retracement to the 0.618 Fibonacci is a corrective wave 2. Such a correction is not unusual for a corrective Wave 2. The Tom Demark (TD) Sequential Indicator indicates...

joerivdpol Updated 

The Bitcoin downtrend is almost over imo. I'm not yet convinced about testing the 0.5 Fibonacci once; it lacks volume. I'd like to see a double bottom, while a quick spike to the 0.618 Fibonacci would be fantastic. I've got my eyes set on the $20k-25k range. Afterwards, its time for the bulls to roar 🚀

joerivdpol

STX/BTC is STX/BTC is currently trading in the golden pocket range on the weekly chart. The divergence script for many indicators indicates two clear bullish divergences. Chris Moody's script 'CM Williams VIX' which finds market bottoms, flashes obvious green. LazyBear's Squeeze Momentum Indicator indicates a momentum change due to the first colour change from...