If we zoom out, FX_IDC:USDMYR it is in the range of the rising wedge, which is a bearish formation. This means that at some point, when it hits the highest level in the range-in this case, 4.77, which is the highest since 1997-it will react to that level and potentially reverse downwards, further strengthening the value of our Ringgit against the USD. Hopefully,...
Updated from previous cycle. This version includes the new phase after post-covid bull run. We are anticipating the halving April 2024 for Bitcoin. 🚀
An update to my previous post . With an added parabolic rises BTC loves to do when it gets its hopium supply. Sure, we could have dips and dumps here and then. But I'd like to see the red parabola to break to call for another bear market. Be minded, this is a high timeframe analysis means hodlers have to remain strong in their position even though there will...
Loading up some .44 caliber ammo to buy any stonk dip this year. As of Feb 2020, political instability + COVID19 narratives strongly affecting the local and global market. Curious to see what the overall Malaysia market reacts this year onwards.
Started drawing this during the 6k inverse head and shoulder area. Looks like it's following the double gann fan lines perfectly. Components: 1. Gann fan A projected from 20k -- 8/1 fits perfectly at 14k top we had during the June 2019 bull rally. 2. Gann fan B projected from 3k bottom-ish. -- 4/1 line seems to be the support. My views: Green triangle area is...
Sideways, all the way :smirk: but over the long time, this can turn into a gem. Guess, as a zoomer, I need to learn to be patient...
CME Futures expiry is on 27th Sept 2019 (tomorrow as of writing) and there are two gaps left to be filled on the 7.1k ish and 11k. While we're here sub 8k, will we be able to visit the gap and move forward? Futures expiry also tends to give volatility on the price action, so it might also be possible that current level retraces back to resistance and coming...
Previous cross shows that bullish trend started with 200MA crosses 400MA upward. Prices are not further apart from 200MAs back then, but it's different now it is crossing at this moment in time as we speak. I'm just hoping it will get back to its natural habitat and jumping upward step by step from there. Pretty much going long term on this one.
This is an updated version of my previous bear hunting bottom. This time, it's about bull racing competition sponsored by Red Bull™ (the drink). Using fib levels projected from previous trend, we are able to build a race track to the moon . Although the finishing line (year 2021) seems to stop at an absurd price, but still, tHiS iS cRyPToLanD where laws of...
In all honesty, I accidentally fatfingered on the red line and now I am underwater. I still see hope in this though. Justin really need to turn on his bots :dead:
According to Asuka anon, this will happen to bitcoin. Regardless of the typo he/she made on November of who-the-hell knows the year, we gonna print this onto a chart and see if it's really not lying. imgur FguziqG.png
Sorry for being bearish. But I still think it's going down low based on previous events with matching RSI. Not sure though, BTCUSD always seem to defy laws of physics, so I hope I'm wrong with this.
Previously, we've had several tries to penetrate the Moku cloud at 6.5k and several dump rejections occur at 6.3k-ish. S1 should hold strong as RSI indicates oversold and LONGS should eye this area. S2 should be broken along with the support trend line for it to go bearish and reach S1 . R2 will indicate XBTUSD price action in the near future. However,...
Just me analyzing the RSI to see if it follows the same pattern as 2014's trend.
I just feel like it's going triple top like my McFlurry vanilla shot :rocket: :shrug:
Humans love seeing patterns. And tradingview just gave me the charting tools I've always wanted to play around with my imagination. Two segments of historical bull-run on ETHUSD, let's project that in the future topkek. 2018-10-01 is the day we on the moon bois.
BITFINEX:BTCUSD Hit that 8.4k and poke that resistance line!