Great time to start trading based on the expansion direction of SPY in the coming week. Using RSI and Fibs, along with candlestick patterns, there are potential patterns to emerge from this. Currently loading up on Calls for 3/31 $410 Starting small position in 2/17 $350 Put Will trim and add based on the expansion momentum next week. Using 15min RSI...
I've been adjusting this chart as new information becomes available based on the time elapsed from previous halvings, and previous bubble peaks. Interesting correlation with Highest Highs and Lowest Lows as far as the time elapsed in between them. One thing to note is that the Bubble Peaks seem to be drifting further away from each halving date. The log view...
Keeping it simple. After multiple TA sketches and Fib Zones, I've decided to let this market do it's thing. The slope isn't the same as previous bull runs, and I am not sure how long it will last. Major dumps and pumps are being followed based on this fractal though which began in 2015.
Each month this year near the 27th day Bitcoin will have one of its lowest prices of the month. However, specifically after the 27th, Bitcoin will always continue its trend upwards. Since the current dip hasn't bounced over previous highs, I have a feeling we will continue dipping towards the 27th again this month. I have plotted some important support lines...
This is a study of the current dip in all the crypto coins, including BTC, ETH and Alts. Since this run has been majorly driven by ETH's growth, I think it's important to look at the dip as an overall market that rotates funds, vs just the levels on BTC or ETH. Here, we can see that the range is being respected exactly as in the previous dip in April. The main...
Just a quick study based on the current periodic spikes. Considering major trendlines and the most prominent fib retracement.
Here are two ways I speculate that BTC will play with it's old log trend-line. Option A stays bullish til Dec 2020 and get's as low as the support line. Option B stays bearish til Dec 2020 and get's as low as 3000 support area, after which a bullish trend can start. Hope it's A! Cheers, Tig
Just a simple chart for two bullish Bill.com scenarios this summer. For educational and experimental purposes only.
Seems like a completely different perspective to traditional daily charts. I think the pattern is easier to digest here. Either it's continuing to repeat the fractal in smaller size, or it breaks upwards if there is growing volume. I don't see a growing volume so far...
This is for educational purposes only. The current bull trend looks like it will top at 9000 and 11000. The second phase mean will serve as support when it goes down to around 8200. After which there is another bull wave towards 42k. That bubble can burst and go back down to the bottom support at 9k after which it starts the bull run towards high resistance at 110k.
I am just exploring the Fib points along with daily support and resistance channel to predict short term outcome. This is highly uncertain, for educational/experimental purposes only.
Disclaimer: My approach is very unorthodox as I am not a professional trader. I think that the current bullish wave is following a very similar pattern that occurred 2 months ago, fitting to an Elliot Impulse Wave (12345). In this chart I have made 2 month long lines to show the similar periods of each trend. The vertical lines illustrate the highest it reached...