2022
2008 RERUN ?when do the weekly's ever lie ? that's a redundant question because you and I both know the answer - Just a reference ... don't sweat if we're just stuck in a timeloop it'll happen again
and again
and again
fight for your freedom
buy bitcoin
Bitcoin breakout to upside or downside 2022 near term I have a resistance line in yellow that has been an important resistance for Bitcoin. We are approaching this line as Bitcoin wants to test the 200 EMA and the 210 MA that are running along this yellow trendline. I also have these yellow arches that show the almost identical point of possible intersection of this yellow trendline. We are either going to break to the upside or downside of this yellow trendline. According to Gareth Soloway, we may have more pain to the downside before we start correcting for a bull market.
Kin breaking out of key MA and EMA 2022I am using the 4 hourly charts for this work. I know this may be premature because we could still see some more downside in both equity and crypto markets but look at the breakout from both the 210 MA and the 200 EMA. This is looking very bullish for Kin as far as a breakout is concerned. Look at previous attempts that failed but not this time. Clearly Kin is extremely oversold even though it is an incredible platform with great utility in the Social dapp arena with crypto. Keep your eye on this gem once the bull cycle for crypto kicks in.
DXY $119 target for short term Could we see the DXY target this curve metric all the way to $119? I am using a fractal as a visual for this possibility. This target has great resistance back in 2001 and 2002 as the DXY peaked several times. Interesting to see if we will respect this curved arch all the way through. This arch is parabolic till October 2022 if it respects the metrics.
Bitcoin capitulation 2022Since we are experiencing many market factors like high inflation and recession fears along with Fed rate hikes for 2022 and also the overwhelming defi platforms going insolvent this year the price of Bitcoin may not be at its bottom point yet. This is actually my first ever bear chart analyses for the next 6 months. It is apparent that the expanding cycle theory may no longer have an effect for this year. Unfortunately, we are faced with too many negatives for the 2022 bull peak for Bitcoin. Now we have to sit tight and see when we will come out of this bearish zone and then start thinking about the next bull. We broke the 2017 Bitcoin high of $19800 when we pierced down to the $17K level. The estimated bottom for Bitocin in this bear could go as low as $10k according to Garreth Soloway, a well known and highly respected charting expert.
when AOA go to 0.1-0.4$ ??i have opinion and believe AOA can get the target price 0.1-0.4$
august 2022 and continues
BITCOIN BEAR MARKET TO CONTINUE, NO HIGHER THAN 38.5K IN 2022!The 200 DMA is a very important level for Bitcoin.
BTC under 200 DMA = bearish
Let's look at the past:
Late March 2014 - Late June 2015 = BTC was below 200 DMA, Bear market, roughly 16 months of bear market. MAJOR BEAR MARKET
March 2018 - April 2019 = BTC below 200 DMA, Bear market, roughly 14 months of bear market. MAJOR BEAR MARKET
September 2019 - April 2020 = BTC below 200 DMA, Bear market, roughly 8 months of bear market. MINOR BEAR MARKET
Late December 2020 - now = BTC below 200 DMA, Bear market, so far 6 months of bear market. MAJOR BEAR MARKET.
Going by historical trends, BTC bear markets tend to last 14-16 months, with a smaller bear market one year before halving (2019, most likely 2023)
Meaning the current bear market is likely to end roughly Jan 2023 - April 2023
Once the 200 DMA starts to come closer to the price action, they we should start seeing bullish movement. These DMA levels move slowly, if we try to draw one, it likely comes close to December 2023... however if BTC falls to 17k or lower, the DMA likely takes 1-2 more months to get to that level, so early 2023 is most likely when this happens.
It takes roughly 90 days for DMA to fall by 10k, in 180 days (roughly 24th of December), the DMA is likely to fall to 18k levels as the current pace
If we go by this chart, it makes it very unlikely that we will see prices higher than 28k after end of September 2022, and unlikely we see BTC close above 38.5k in 2022.
There is chance we could go even lower than 10k in 2022, let's not rule this out! Economic situation is quite bad and we must keep an open mind. Of course odds of going below 10k are low, but they aren't impossible
Each yellow box represents 90 days.
I drew the white lines in the yellow box a little sloppy, so it's not meant to be fully accurate but to get a general idea
BTC starting wave 5 of weekIn monthly i have no idea about BTC because in my idea this at the moment is very sensitive about bubble bursting. But in weekly we can see it just closed wave 4 of week (Elliott wave) and if this is the last bullrun (monthly waves) so i want to see Head and shoulders or Triple top pattern in there. Psychology will be excited if the BTC break ATH 3 times in a shortime and that's what I want to see. Wish you successful trading and control your emotions.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
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Bitcoin dominance 2022 projectionCould this be what we will see for the Bitcoin dominance going into the end of 2022? I have used a fractal from 2017 & 2022 so we can have an idea of the possible downside in dominance for btc. When we did have a serious 50% downside on the btc dominance back in 2017 it only lasted for about 37 days. I know history does not repeat but often rhymes and this is why i set it down into the 20's for btc dominance.
Next Cycle Top for BitcoinI want you guys to tell me when Bitcoin could possibly reach its next cycle top. I have three suns illustrating where this may happen. Out of these three which one do you think it will be?
AllianceBlock short term price action 2022where will ALBT be within the next couple of months? Will we move lower into the $0.06 price range or higher? Are we at the bottom with Bitcoin yet? I personally think we may have just one more dip to test the support we hit back on May 12th. If not, then we may have seen the bottom for BItcoin and AllianceBlock may move higher from here.
DASH IS LOW!!!Currently, the market is down. I just got back into the market to view these levels and it's crazy. All I can say is get ready for the whales to start purchasing and continue to build your position.
If we are headed into 08 Crash...If we are headed into an 08 crash we are looking at a 50% pullback from Novembers top lasting about 70 weeks from November 2021. This would put bottom around 2100 with a complete bottom around June 2023. THIS IS ALL SPECULATIVE and not financial advice. This is just a comparison to the previous drop in 2008 we are facing different headwinds this time around so it is still unknown what the outcome will be. There is a chance for more or less carnage than we saw then. While playing in this Bear Market always remember to take profits quick! Good Luck All
GBPJPY setup for upcoming week high probability GBPJPY setup for upcoming week published by me on 15.05.2022.
waiting for sell setup
USDCAD setup for upcoming weekHigh probability USDCAD buying setup for upcoming week. Published on 15/05/2022 by me.
waiting for buy setup.
2000 vs 2022Some similarities between 2000 vs 2022
1. Before reaching ATH the index did a very sharp decline of 33%
2. It took the index 17 bars to reach an ATH vs 20 now
3. Found support on 40SMA after 9 months from ATH vs 7 now
4. Mass retail participation
5. .com mania vs crypto mania? (did luna just popped the bubble?)
6. Interest rates were falling back in 2000 vs rising now (tradingeconomics.com)
7. Inflation was not even close back then to what is is now (tradingeconomics.com)
What to wait for
1. Holding or not 40SMA!!!
2. Where RSI, MACD & DMI will head towards next months
3. The index went -18.35% lower than the previous big decline which equals Nasdaq declining just above where the previous wave ended
4. It took the index 23 months by the time it touched for the first time the 40SMA to bottom which means April 2024 just 6 months before the elections
When the bubble burst in 2000 nobody really blamed the "system" like in 09 simply because everybody participated in it. It's like blaming yourself! How many people have the courage to do that? Could the same be told about the current situation? Yes, governments printed trillion of money but they did not put a gun in your head telling you, it's either you invest in crypto/stock market or you are done. We participated because our friends and family did, we participated because we were greedy, we participated because we believed in a fairytale and we participated because we wanted an"exit" from the system but all we did was feed the system!
I cannot really find any really strong arguments to support that the same will not happen again in the not-so-distant future. I am only thinking that if it is that obvious maybe the markets can stay irrational longer than we can stay solvent!
I stand by the Tradinview's motto LOOK FIRST/THEN LEAP
Bitcoin end of year target 2022 early 2023I am using the Beam Band to help us see the possibility of Bitcoin's price action end of the year 2022. Notice we have touched the bottom of this Beam Band twice already and afterward, a price surge happened like clockwork. The question is when will we touch down again this year if at all? What we do know is as soon as it happens we can, with high probability, expect a surge in price soon afterword based on previous examples. The green checkmarks are touchpoints at bottom of the Beam band and the red one is the possible expected touch we are anticipating. Also, notice the average percentage between the first two comes out to 800%. If we move from this expected bottom price on the beam band then at 800% would give us over a $200k BTC price.
If we do not see the BTC peak this year most likely will happen in 2023. Taking the average day count from both bottom touches on the Bean band and averaging them out gives us about 295 days afterward for the possible peak which, if so, takes the peak well into March of next 2023
AMD correction 2022Keeping the analysis that the correction of the companies had to come back to the original value (channel 2018-2019)
Here is AMD CORRECTION
Possible outlook BTC this year with Phoenix ascending and BBandsCharts says it all.
This is just a possibility. Changes in lower timeframes (weekly on up etc) may change all this. I just finished this and thought I might share.
Points of support found with 50, 100, 200 MA. Phoenix ascending by Wyckoffmode (David). And badass Bbands (bbands with different SD's). AND supportlines of simples previous supports.
Do your own research. NEVER listen blindly to what others say. If you can't understand the data; you. are. gamboling.
