


This is an update from my last post on February 24, 2021 for The Kraken Wick of Bulls Signal Interesting things to note - 1. The highlighted areas are all the new data since the last post on February 24, 2021. 1. Since that Kraken wick, Eth has experienced an uptrend from 700 usd the bottom of the Kraken wick to a high of $4200 mid may. 2. Dominance has...
Possible Bullish Fractal from 2012-2013 bull run. Things to note: 21 Week MA : (Orange) Omega Line : ( In Neon Blue, it has been a historical line of support and resistance) Green Elliptical : Within is the distance between the two yellow circled candles which has a range of 35 weeks from two touch points on the 21 Week MA. - The Omega line has been...
- This past April, BTC healthily corrected and has broken below the 50 D moving average after 8 months holding above it. If we look to the left back in 2017, there were two bullish fractals in July and September (Green Elliptical Circles), when the 50 D MA was broken, the 100D MA was the next line of support, and on the weekly chart it would touch the 21 week EMA...
Alt Coin Macro Total Marketcap Analysis This is a simple macro chart of the 1 Month Alt Coin Total Market Cap excluding BTC. In reference to the previous Kraken Wick BTC Dominance chart I did ( ) , I found it interesting that the month of February 2021 with the Kraken Wick is the same monthly candle that broke the previous Alt Coin Total MC ATH. Since...
Now zooming out to a macro view, as reference to the previous micro chart and the past macro analysis chart I did, I added in the 2- year MA Multiplier Bitcoin Investors Tool. We seem to be following a similar pattern in the Past Post Halving 2 segment holding the 50 Daily MA and now approaching close to the 2-Year MA 5x Multiplier (Purple Line). History shows...
Here is a more micro TA of what is currently happening with BTC. We can see that the 50 Day MA has been a strong support for the past months. The previous touch on the 50MA sent BTC to new ATH’s. I am suspecting the most recent touch on March 25 may repeat and have a higher probability to send BTC to new ATH’s. Each time it has touched the 50 MA we have formed...
The Kraken Wick Signal Things to note: -The Kraken Wick (Red Vertical Elliptical) Dated May 05, 2017 & Feb. 21, 2021 -The Bearish Divergence with PA & RSI from 2017-2018 and a possibility of another Bearish Divergence this 2021-2022. As a follow up to my previous macro analysis of ETH, one interesting thing that I found from this chart recently is the ETH...