Bright times are ahead. We really want to see the 50 and 20 week moving averages cross!
Pretty clear. Looking forward to the May 2020 halvening. Sideways/possibly download until then.
A long term view on BTCs trajectory into the next several years. The vertical lines indicate approximations for halvenings.
I didn't want to have to post this, but given how weak the bounce has been off the 200 day MA, we should expect more pain. It seems that everyone is still hopeful about crypto. ( Hence, we are likely headed lower ) Most seem to be in agreement that we are going lower. ( Hence, we could see a significant bounce before heading back down) I still haven't seen...
Grand prediction: the right shoulder will form, bouncing from the 200 and 100 day MAs triggering a massive h&s that could take GOOG down to ~750.
Pretty self explanatory in the chart. I am expecting increasing volume and hoping that this is the capitulation phase we (and the rest of the community) has been waiting for. ...before you know it we'll be in the accumulation phase. Sticking with my projection from April to Q1/Q2 2019 as the right buying opportunity. Cheers!
Labeled some key levels of significance and used a fib retracement chart to estimate landing zones. Prior mini-tops retraced to about the .5 fib level. The larger cycle correction could also obey this level but may drag lower to the .618 range, which is why I gave a range for where the price could land. ~1600 is a key level of significance, if it breaks we will...
Quite a lot in this chart, with narration throughout. I don't feel like rewriting the details in this description box. Question: Why aren't some of the notes on the chart appearing after I click Publish Public Idea? Also, all the intended proportions/view of the chart get warped when published. Any direction on how to fix this would be much appreciated. I'm...
I have included a lot of detail in this analysis, most of it narrated in the chart. I might come back to this post and restate all the notes on the chart in the description, but i don't feel like doing it now. Leave your thoughts below, let me know if i'm on or off-base. Currently expecting a bottom around April 2019.
In my view, the most important thing is is that the MACD lines are beginning to touch for the first time since crossing bearish in January 2018. We've already corrected a lot, but still need capitulation to mark the bottom of the bubble (in my opinion).
I will be posting a similar chart analyzing the weekly timeframe. For some reason when I click publish, the chart zooming/marketings become skewed. The arrows pointing to volume indicate key levels. The red lines indicate support levels based on past bull volume.
A bunch of things to note here on this weekly chart: - Decreasing volume as a signal for trend change - Last fib retracement zones for 2014 bubble overlayed on the recent cycle - Overall log trend lines/support lines at previous high volume spikes - Possible MACD bullish cross on the weekly - Approaching oversold levels of RSI comparable to 2014 bear market Blue...
Here is a bearish scenario.. but we could see a bounce attempt at some point. The weekly chart has been going down vertically for months. A strong positive bounce attempt by bulls would indicate the final stage before despair.
Looks like we're setting up for the final stab of the knife!
Trying to estimate some time frames for this correction. I've added the major horizontal support lines.
Looks like a mini fractal is playing out. If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line. Let me know your thoughts! Short term long. Medium...
Looks like a mini fractal is playing out. If you look at a smaller timeframe 1hr, 4hr, it looks like BCH is looking for a bullish continuation on an equilibrium pattern. I'm guessing this will take us to about 1500, at which point we the rest of the fractal will play out and take us back to the blue line. Let me know your thoughts!
I have some support levels in this chart based from past tops/bottoms. MACD and oversold RSI show that a positive bounce is imminent. This will likely be followed by a longer term downside continuation. I'm expecting some alts to pop significantly on this bounce. Summary: short term bullish (1 month), medium term bearish (2-4 months), long term bullish(6 -8...