In Ancient Greek folklore, a phoenix is a long-lived bird that cyclically regenerates or is otherwise born again. Associated with the sun, a phoenix obtains new life by arising from the ashes of its predecessor. Will Bitcoin Rise from the Ashes? Possibility to see the rare fulcrum pattern, if we get another mini ihs pattern forming on the right side. This would...
Miner Capitulation / Hash Ribbons has signaled a buy on daily suggesting that hash rate is stabilizing. Hash ribbons flipped a few days ago and today the SMA 10 crossed over the SMA 20 which is the secondary condition for a long. Looking at a long term scope, this strategy was supposed to beat even an early buy & hold. Mostly by reducing drawdowns significantly....
"Why do we fall, Bruce? So that we can learn to pick ourselves back up." INVERSE BATMAN AND SHOULDERS!
Intro Introducing the Bitcoin Difficulty Ribbon. When the ribbon compresses, or flips negative, these are the best times to buy Bitcoin. The ribbon consists of simple moving averages on mining difficulty so we can easily see the rate of change in difficulty. Attribution This Indicator was created by Willy Woo of Woonomics based upon the ideas of Vinny...
July 4th Action & CME Gaps to Fill Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc! I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow. Then on the 4th of July when CME is close we gap down. There...
Bitcoin Network Momentum (BNM) and Halving Cycle Projections Intro To do your own analysis/follow along, the script is in public library and can be found here . Briefly - BNM is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin's price. It serves as a...
Top Cap Derived Estimate for Next Bull Run Climax Intro A great indicator to use for catching the upper bounds in a bull run is top cap. Historically it has perfectly coincided with previous blow off tops. Another good one to use is the Puell Multiple . Let me also qualify this long positon as a HODL / long term position - not a speculative move. ...
Hello from the Cryptoryhthms Team! Bottom Top Finder, when used on the daily or 12 hour timeframe with Gold is a winner! Backed up by a full decade of forecasting, with only 3 false signals given. 37/40 Past signals were profitable, and there is currently a long signal open given at $1175. We are shooting for a target of ~$1300 within 50 days. Stop loss set...
A group member had a question about why the stop loss was "so low" being 23% under the buy price. The reasoning is you need to avoid the liquidity zone, where price could easily be pushed. The purpose of our stop is to exit the trade if its no longer valid (not get stopped out only to see a pump happen afterwards). This could be another accumulation cycle, so...
As you can see here we had a good day in Cryptorhythms chat :) Just since Oct first BTF signaled 4 trades totaling 131% returns. Stop letting fear or FOMO guide your entries and exits! Join us on telegram to learn more!(link in sig below)
Another entry for you all in the public library Crypto-Sticks series. More STILL to come! What I particularly love is these indicators give you an added 3rd dimension to viewing them otherwise. You can see how much fluctuation occurred, get better divergence signals, find higher/lower extremes, and use in combination for secondary confirmation! Here's an example...
Another entry for you all in the public library Crypto-Sticks series. More STILL to come! What I particularly love is these indicators give you an added 3rd dimension to viewing them otherwise. You can see how much fluctuation occurred, get better divergence signals, find higher/lower extremes, and use in combination for secondary confirmation! Here's an example...
Hey everyone - I just wanted to show that our indicators will work on other instruments than crypto! Dont let the name fool you :) Shown are 4 cryptosticks indicators. Top 2 are already released and available in the public library. Bottom two are yet to be released, but wil be soon! (also in the public library). This series of indicators is an attempt to view...
Our last update for today, in the Crypto-Sticks series. More to come soon! Here's an example of how to use the Crypto-Sticks Momentum for trading signals. I also plotted this range's signals the indicator would've generated. Momentum can be a tricky indicator sometimes. Since it doesnt go into predictable overbought or oversold zones, it rather just...
Analysis: Correction ended, and accumulation nearing final phase. Spikes in volume combined with bullish divergence are showing the fingerprints of a pre pump situation. Breakout from this channel expected near term. Entry Point: General Entry is this range is fine, just look for a local dip/low. Looking to go long in the range of 530 to 550. See...
BottomFinder just gave a strong bottom signal so I thought a great time to post this, since bitcoin is dumping. Many times this is psychologically the toughest trade to make. Bottomfinder can help you manage that fear at the bottom and conversely the greed at the top! Here is a profit summary for following BottomFinder signals on XBTUSD 1 Hour timeframe for the...
With the upcoming imminent release of BullFilter 1.3 to our subscribers I wanted to highlight the new features in a series of ideas. In trading, divergence is a concept that forms on your chart and results from the price action of a security moving in opposite direction to the indicator value. What you need to know is that positive (bullish) divergence happens...
Analysis: Whoever has been filling their bag, it must be as large as Santas... Weak hands are folding. We see an opportunity to go long on the current support. Entry Point: We are waiting to see if price will continue to drop and retest the lower support. If support at 320 holds we will go long, if not we will check again on the next support area around...