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Logregression

zoom out broinspired by @spoofyy ...it's easy to look at the log rainbow and think uponly. ***NOTE: you can't lock chart when in log mode...so you'll have to play with the price scale (squeeze and stretch) til the spiral fits the tops like it did when i posted it*** but when you account for bitty topping out at lower and lower fib levels within the rainbow...you can see potential decay in the trend. obviously we could just be in a lull and could hit $1000000 in ten years (hello hyperinflation) but i wanted to visualize decay bc i genuinely think the log rainbow's uponly blinds me log rainbow script: then made double curves and visually fit them spiral made from '11 bull market (bottom back to top diagonally) and fit to tops i'm wary of using spirals on log charts but they seem to work a lot of the time? ... maybe bc "this is the life we have chosen" (hyperactive exponential growth)
INDEX:BTCUSD
by FinanciallyCodependently
6
BTC heading down to 18-20K When you have MULTIPLE confluences in SAME PLACE that could lead to high probability scenario. Those confluences that make MACRO and short term outlook on BTC so bearish are :- 1) LOG REGRESSION CHANNEL :- 2) Target of bear flag is just at that major support zone which coincides nearly with PREVIOUS ALL TIME HIGH as well. 3) As per wall street chart, it seems to ME that we are in ANXIETY Phase and slowly moving towards Denial Phase pbs.twimg.com 4) ALSO MANY bought BTC ABOVE 30K. They would be BAGHOLDING BTC NOW. **THIS IS A WARNING** DANGEROUS TO SHORT FROM LOWS. BE WARNED. PREVIOUS IDEAS :- 1) Short idea for BTC :- 2) updated views on BTC :- 3) ETH IDEA :- ALSO, NONE OF THE ABOVE IS A FINANCIAL ADVICE. IT IS MERE MY OWN SPECULATION AND IDEA. DOYR.
COINBASE:BTCUSDShort
by StunnerStock
1
Bitcoin Weekly Analysis. Bitcoin from weekly price action point of view is looking to retest it's Weekly support zone which is 30k. Short term BTC might have already completed Right shoulder of H&S BTC is creating on weekly chart and BTC currently is experiencing downtrend because of Confirmed Bearish Divergence that played out and still is in play. BTC for near term future is not looking bullish. BTC also was rejected from Log Regression chart and might to looking forward to retest even 20k which is Median of Log Reg Channel and is also ATH Support level from 2017. It would be extremely bullish for BTC to create some liqudity in 20-30k Zone and retest 20k Zone. Rest, i could very well be wrong. But i would like to attach my previous ideas for references :- and above picture is from This idea :- I am hoping for a Santa rally till 50-55k$ for more a last BULL Trap before another flush down. Trade Safely. Enjoy and look out for 15th Dec Fed meeting outcome.
INDEX:BTCUSD
by StunnerStock