livmac7

livmac7

Update: Fibonacci Chart Analysis for Bitcoin 🚀 This is an updated take on the Fibonacci chart I shared in September 2023, analyzing Bitcoin's cyclical tops. Bitcoin is approaching the 1.272 Fibonacci level—highlighted as a potential cycle top I gave more than 1-year ago. Recap -Why the 1.272 Fibonacci Level? 1️⃣ The 5.3 Theory: Although price is slightly...

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XRP: A 6-Year Symmetrical Pattern Breakout? On March 13th, I shared this XRP (Ripple) chart highlighting a massive Symmetrical Triangle pattern stretching back to its 2013 top. Now, XRP is breaking out, but let’s dissect the history for key insights. 📊 Historical Patterns: 1️⃣ 2013-2017: The first triangle spanned 4 years, leading to a breakout and a top in...

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Update on the original Fibonacci chart I shared back in September 2023 here of the Fibonacci tops of Bitcoins previous cycles. Bitcoin did reach the green projected box I recently had in the original T/A but no where close to the 1.272 Fib level as I projected as a possible cycle top. There are two reasons I made this level of 1.272 in my original T/A: 1) The...

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2-Week chart - XRP Symmetrical Pattern coming to an end? The pattern is closing in and XRP will break!

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ALT SEASON? Many Alts have already done very well, and some have outperformed BTC %gains already! 💪 What we want to see is the BTC.D start to cool off. And as of now, the Monthly RSI is at critical resistance at the 60 level. If price action rejects current level at 54% on the candle chart, ALTS will begin to break out! Keep an eye on this chart! 🍀

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Bringing your attention to Bitcoins 2-week chart using the BTC Stock To Flow (Yellow line.) Each time the S2F spikes in past cycles was right on the BTC Halving as this is a tool that focuses on the supply schedule of Bitcoin & typically forms Bitcoins next Market Structure average. I recently shared analysis of the S2F’s spike 4 weeks ago, which when comparing...

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Having kept a close eye this last 4 years on the Stock to Flow for BTC, I had noticed each time the #S2F spiked on the 2W chart, a large parabola move in price action shortly follows. (Phase 3 of the Bull) At the same time, these spikes always occur right at or before the #BTC Halving! 🪓 As #BTC just reached critical resistance at 48K, there was a significant...

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You may or may not have seen people measuring the BTC Index cycle tops using the 'Trend Based FIB extension.' Measuring from the bottom of each cycle to the next top & bottom which gives them the next cycle top of roughly 0.618 either just below or just above. (not very accurate) This also gives a false hope that the cycle we are in is going to repeat and people...

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As we can see in the lower chart, the Bitcoin Dominance (BTC.D) recently broke its resistance & is now testing the weekly 200EMA and is not far from reaching the 200MA which is right at the next resistance at roughly 52%! We will need to wait & see if it will break and hold or reject the 200MA before we expect a retest back to the resistance at the 48% level...

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LTC has been building an ascending triangle since June – 2022 and is inching closer near breaking above as this pattern is typically broken to the upside. The LTC halving is scheduled for Aug 5th and if we look left on the charts for the past 2 LTC halving’s, price action topped in June/July before the Aug dates. Watching the 4-day MACD cross will give us more...

livmac7 Updated 

A follow on to our last 2 charts covering BTC's 3-day Pattern! The 1-day Golden Cross has occurred and each time that it has in the past, BTC retraced just before or just after. Also following the cross of the 21 Moving Average Crossing above the 50MA, BTC retraced back to the 50 as id did in 2021, and crashing through it in 2015 and 2020. I have also noted that...

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A follow on to our chart before this: “Please read the analysis below to make better sense of this chart.” As we can see, our pattern for each time the 21 crosses above the 50MA, price tops out and retraces. Also hitting our 100 EMA resistance in 2015 just as we are seeing in the charts Now - 2023! However, unlike the 2021 cross, top and pullback followed...

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BTC 3D chart Zooming out and looking at the bigger picture, here we are looking for patterns to see what the current trend could be telling us. 👀 BTC is currently elbowed at a cross way hitting resistance of our outer downtrend, the 100 EMA and trendline marked in red! The last time the 21 crossed the 50 Moving Average, price shortly topped the retraced back...

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ADA has seen a 90% correction since Aug 21, not as dramatic as a 99% pullback in 2018, that said, ADA could still match further downside given how much bullish follow through seen in Alt coin bullish breaks the past 24 hours. Right now, price action is at a cross road at it's recent support area of .30 zone. Price action has been very snug between the channels...

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The Gold/Silver ratio has had a significant run from April 2011 to March 2020. Pushing the price of gold much higher than Silver. Although this is a very boring chart to keep watch of, currently price action is holding support at the 81 zone. However, the RSI is holding a more critical support at 50. While measuring the SRSI, momentum seems to favour the...

livmac7

Having kept a close eye this last 2 years on the Stock to Flow for BTC, I had noticed each time the S2F spiked on the 2W chart, a large move in price action shortly follows. As BTC broke the recent 17.5 bottom and formed a lower bottom at 15.5, there was a significant spike in the S2F data as shown on the chart. Awaiting more data with the S2F Model Value to...