BTC : SAVE THE WORLD Frieza transformed and shorted Btc/Zeni with 500x leverage at the 0.618 fib knowing that King Kai had been hodling since 32k. Now the heikin-ashi are being pulled down with 100x normal gravity. Goku needs to go all in and power up to 40,000 to stand a chance. It will take a 20x kaio-ken kamehameha to get to 50k, and then a massive genki dama to ascend to the ATH. What will happen at the ATH is anyone's guess... but the entire world is at stake! Who will get their wishes granted?
Stay tuned for the stunning conclusion!
// Durbtrade
BTC : SAVE THE WORLD
BTC : SAVE THE WORLD (Hyperbolic Time Chamber)
Hyperbolic Time Chamber
Durbtrade
BTC INVERTED : ReckoningBTC INVERTED 1DAY MACD (12, 26, 9)
Triangle
1 macd btc run start to macd ath
2 macd ath to macd atl
3 macd atl to macd btc run start
BTC INVERTED 1DAY HEIKIN-ASHI
Triangle
1 btc run start to btc macd ath
2 btc macd ath to btc 3/25/21 low, dotted extension to triangle top
3 btc macd atl to btc run start
Secondary Right Edge = 3/3/21 ATH to 3/20/21 peak, dotted extension
Colored Rays = btc run start to key highs/lows
INVERTED 1day 300 sma
// Durbtrade
BTC : ReckoningBTC 1DAY MACD (12, 26, 9)
Triangle
1 macd btc run start to macd ath
2 macd ath to macd atl
3 macd atl to macd btc run start
BTC 1DAY HEIKIN-ASHI
Triangle
1 btc run start to btc macd ath
2 btc macd ath to btc 3/25/21 low, dotted extension to triangle bottom
3 btc macd atl to btc run start
Secondary Right Edge = 3/3/21 ATH to 3/20/21 peak, dotted extension
Colored Rays = btc run start to key highs/lows
1day 300 sma
// Durbtrade
DXY : Critical MomentDXY touched a critical support trendline formed from the Feb 2018 and Jan 2021 lows,
and is now hovering just above that line.
Also, at the end of Mar 2021, DXY was rejected at the 300 EMA,
which was previously a significant support :
Now DXY is in a tight spot between the descending 300 EMA and the critical support trendline.
I think that the next few days will be critical,
so I will be keeping an eye on this.
// Durbtrade
COIN : INVERTEDIf we flip COIN upside-down, it might give us a shiny new perspective on this stock.
I threw two horizontals on it at $250 and $310, given the psychological significance of these areas,
and also because the surrounding price action
suggests that they are important support/resistance levels.
We can also look at the VPVR (volume profile visible range -
the histograms plotted on the left and right edges of the chart,
meant to reveal dominant and/or significant price levels based on volume).
If I'm specifically studying the VPVR, I prefer to have one on each side,
because it's easier to visualize the horizontals when there are two VPVR's,
and it's nice to have one on the left side when looking at price action on the left side of the chart.
There's no deep technical analysis or profound predictions for this idea, folks...
my goal with this chart is to give us a nice presentation
showing how COIN's price action looks on the inverted price scale,
with the hope that it might give us a new perspective.
And while this chart most likely won't radically shift your overall outlook on COIN,
I'm hoping that at the very least, you find it interesting...
another worthwhile nugget of info to add to your stash.
// Durbtrade
COIN : LOSTCOIN seems to have lost its way this week.
After last weeks mostly horizontal movement which could have eventually lead to some modest ascension,
this week has proven that COIN is still struggling to find reliable horizontal support,
starting off at around $300, only to drop to $275, followed by $250.
Any significant upward price action has been met with heavy resistance,
followed by even more substantial downward price movement,
and each major peak has been lower than the previous.
The particular downward fib channel used in the chart
shows COIN barely managing to break the 0.236 fib,
and not being able to clear the 0.382 fib at all.
And as for the 0.236 fib showing any support once it's broken...
well, there hasn't been much of that either...
the zero fib line has been the only thing between COIN and the bottom of a deep ocean.
COIN ended the week like a bicycle with no one on it that was pushed down a long steep hill towards a ramp...
and while it did manage to hit the ramp and get some air, the finale was hardly thrilling... a jump to $264... about $14 above its all time low of $250.
As usual, I'll be keeping my eye on COIN.
Just watching it, charting it...
the lower it goes, the less expensive it will be if I were to make a move.
I still think that there is an opportunity to profit long long-term here...
it's just a matter of when.
// Durbtrade
BTC : Dark Side of the MoonLong you live and high you fly
but only if you ride the tide
balanced on the biggest wave
you missed the starting gun
you run and you run to catch up with the sun but it's sinking
half a page of scribbled lines
hanging on in quiet desperation
no surprise that they're giving none away
us and them, up and down
with, without
the paper holds their folded faces to the floor
and if the dam breaks open many years too soon
and if there is no room upon the hill
and if your head explodes with dark forebodings too
I'll see you on the dark side of the moon
// Durbtrade
COIN : STUCKCOIN is still stuck in the downward channel that it's been in for awhile now
(atleast, from this perspective).
It shifted upwards a bit yesterday, and is currently lodged underneath the 0.50 fib.
The 0.50 fib appears to be COIN's heaviest resistance within the channel
(and although COIN did break through the 0.50 fib temporarily twice before,
it was rejected at the 0.618 fib just above).
The 0.50 fib also hasn't offered much in terms of support when retested...
it appears that most of the support is coming from the 0.382 and 0.236 fib levels.
As with everyone else (I suppose) who might be considering COIN,
I'm still keeping an eye out for some significant upward price action,
or atleast something that resembles a price base.
I discovered a fascinating horizontal at $291.11,
but I'd obviously still need more before confirming anything.
Who knows, it could be weeks before it stops dropping...
or one day soon it could just start rolling uphill,
while I'm still looking for a bottom, never to come back.
No matter... for now, I'm still learning and having fun charting COIN.
And my outlook on COIN is still long long-term.
Enjoy!
// Durbtrade
COIN : OUTCOIN bounces out of the descending channel that it's been rolling in since the beginning of the week.
Has a base of COIN been established at 300?
Starting with a horizontal ray at 310 (the bottom of the big drop),
I began using rays to connect the higher wicks together, and then the lows together.
After that, I extended some rays to the left and looked at where all the lines intersect.
Using these lines and points, I placed pitchfans, lining the outside edges up to the rays.
Once I established the main placement of the pitchfans,
I removed some unnecessary rays
and then edited the divisions of the pitchfans in the settings, lining up the divisions to wicks of the inner candles
in the most meaningful ways that I could.
If you zoom in you can see that every single line on the chart aligns with atleast 2 wicks or 2 candle bodies,
other lines line up with quite more.
Each line is specifically placed while considering wick importance and # of wicks aligned.
Fib spirals too.
2 triangles were then placed forming a pyramid structure
in order to express the fact that one of the reasons
that I am currently analyzing the trends in COIN price action in this way
is to try to establish a possible price base of COIN after its IPO fallout
to use as justification for a possible and timely buy in.
And here we are, 50 cents above that initial low point after the IPO.
Will COIN continue to roll downhill, or will it start bouncing higher?
I am not completely sure, and tomorrow this chart may look quite different than it does now.
It's fascinating.
Got my eye on COIN...
watching for a "heads bulls win, tails bears lose" scenario.
//Durbtrade