Impulsive wave to the upside completed making the story for a more bullish outlook is compelling. Though we really want to see a move away from that Daily 200 EMA.
This weeks Web Tech Conference in Lisbon, Web 3 YGG Conference in the Phillipenes starting on Saturday, Vision Pro launch by Apple mid January could see continued upward momentum for STARLINK over the coming 3 months. Up 33% on today already. We're also in a Wave 3 in Elliot Wave Theory so the sky is the limit on how how this will go. I have levels of possible...
When Facebook announced a brand change to Meta, Mana and other metaverse coins shot up 500-600% in just 3 days. 700% over two weeks. Can we expect the same surge in January when Apple release Vision Pro? This chart is a conservative estimate based on today's price and a predicted 0.50 cent Mana by the end of the year. Of course Mana could be $1 to $1.50 by the...
True to form Saturn Retrograe saw a sizable dump in the price of bition in 2022's bear market.
Drinking Kombucha on a Friday night playing with the Mana chart Elliot Wave Count. Mana looking bullish. The TP - Take Profit ideas are prices to watch for spot trading and hodlers to sell and then buy back in on the dip at the BB CBO - Buy Back Cheeky Buy Order - These are the price levels to watch for potential bounces. Of course we may not hit these targets,...
There's a retrograde season of 3 big planets that seem to have yearly consistent patterns. Neptune Retrograde has often signified the bottom is already in not just a few days before. See my other retrograde charts for 2020, 2021, 2022
We usually think of descending triangles are bearish patterns as there is a 60/40 change in favour of the bulls. Accept one very notable time when sentiment from many analysts were expecting a $10K Bitcoin back in 2021, and we broke bullish to a new all time high. We have a similar pattern emerging now. Me thinks more likely to break bullish in the next week.
Every year 3 slow moving planets enter what is called Retrograde for several months then go Direct. Every year you can see market reactions around these times. We usually start dumping into Retrograde of Pluto, Saturn and Neptune. When we go retrograde Saturn we usually see a hard dump. Then as we start nearing the end of retrograde season of these 3 slow movers,...
Many analysts I've listened to over the couple of months have said a bottom in for Bitcoin around $10-$13K because they use the previous ATH at $68,000 ish as the top of this Bull Market season. That would mean a break in pattern from previous cycles where the bottom is lower than the previous Bull Season top out. This is one of the reasons why I'm leaning toward...
Can respond differently when we are in a bear market.
Within the next week we could see the parabolic run now we have the influence of "Retarded Speed" from Saturn Retrograde lifted.
Following up from my post of the 2020 Saturn Return patterns for Bitcoin price action, I've just updated the 2021 and there are some similarities and consistencies. See the related link below.
Further to my idea on 2020 Saturn Retrograde and Mercury Retrograde showing patterns in price action, this coming Mercury Retrograde 29th of May, could tell us if we're in a bull or bear cycle. When merc goes retro in bear market price action tends to dip. In a bull market it tends to rally. Note the retrograde period starting in January of 2021 by the first...
We recently entered a Saturn Retrograde Sunday 23rd May 2021, and Mercury goes Retrograde 29th this month. So I wanted to take a look at how 2020 price action was affected by these scenarios playing out last year to see if we can learn from the past and prepare ourselves. Jeroen Van Lange of Blockchain Today does a lot of mercury retrograde studies and said that...