This price path prediction continues from where I left off on my last path (more or less.) I'm pleased with the results of that path so here's another attempt at the upcoming moves. The path is built around several points of confluence. The strength of the USD and the money supply. A number of bars patterns that provide relevant price path considerations. The...
W ended up closing below the log POC so we'll see what happens. great vchance to test an idea. I've scooted my long ideas down a bit to compensate. I think if we don't hold 37 this relief rally could be coming to an end.
So this path marks out a prediction for BTC over the coming weeks. It's just an idea I'll be following and refining if it continues to be confirmed. The underlying ideas are the following. - BTC is having a predictable relief rally after crashing off it's ATH. - Using BTC's past behavior with bars patterns and market psychology I found the...
The idea here is that there could be a reaction rally to the bearish cross of the 200 day EMA / MA. The bars pattern shows what it looked like in Oct. 2019. The date ranges just show how long we spent making moves towards the top of the previous ATH range as a rough estimate of how long the next moves might take before settling into a sustained bear market and...