This is a fresh chart update of BTC's cheat sheet idea and tracking TA, following 2013 to 2017 Bars pattern along with key macro trendlines. April fools edition!
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3hr
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Classic breakout fake out for April fools, bars pattern still valid.
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Just by observing the past 2 cycles fractal patterns below for reference, there is a slight shortening in overall time length of each cycle.
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Cypher B 4hr flashing major bullish divergences, BOLO for upside trend reversal after the 21st
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Cup & Handle breaking out into gann resistance zones
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Final run up to ATH head formation coming out of left shoulder
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The bar pattern moves are still being followed although has not gone over recent ATH
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Appears to look like a macro left shoulder about to go into a head formation, currently hitting gann box resistance lines
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Most likely scenario, one more leg up. Seeing BTC is following a mix of its previous cycles fractals like a computer program that it is. One and done!
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Holding Gann Box support lines
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Cycle finale possibly nearing
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You have to buy red to be able to sell green Possibly the last macro run up for the cycle
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Pi Cycle Top not flashed yet
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Fractal has deviated from both previous cycles bars pattern and started new fractal, plenty of bull run left in this cycle
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Seems Im a whole 6 months to a year early on my charting, early is much better than being late in this particular case.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.