This bull flag target and then slightly above that is the double bottom breakout target. Price action seems to already climbing up the measured move line of the double bottom breakout so that’s a good sign that a breakout could get validated soon. Could definitely still correct back below the double bottom neckline once or twice first though if the bitcoin...
If we take the teal bull pennant and only measure the pennant part which is also a falling wedge, the target we get from the breakout has just been hit by our current price action. I felt that was worthy of posting a chart bout. Though bitcoin has already achieved a new all time high days ago, the entire market cap for all of crypto is still just below it’s...
Ever since it broke up from the cup and handle pattern that I posted a chart about a week or 2 ago price action has been climbing the measured move line like a staircase this whole time so far. Always a remarkable thing to witness imo. You cant really get a good view of how it has been climbing this line on the previous chart idea I posted on it because its all...
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According to this data, if we measure the amount of time from the swing highs to the swing lows of each major trend, these cycles may be able to tell us when to expect the next breakout of the All Time High for Bitcoin
Primary Chart: IWM on a weekly timeframe with downtrend line and major support and resistance zones Note1: IWM is an iShares ETF that represents the Russell 2000 small-cap index in the United States. Though not as widely tracked as SPX, NDX, or DJIA, the Russell 2000 ( TVC:RUT ) is one of the major US indices. It is likely the fourth most watched US index. Note2:...
Bitcoin coming down in short term, measured move 29,834, additional levels of confluence for lower levels..... shortcity on the way..Happy trading folks...
Based upon projections it looks like two measured moves are soon to play out, based on the 1 hour time frame, 1st projection $1, second projection 81 cent
Based upon the falling wedge and other additional layers of confluence I see two moves to the upside suggesting 126% returns then 200% gains on the hour. This is based on the 1 hour timeframe
Great Strategy to predict the next price target or reversal the key is to only enter when you cross the B prime which is what confirms the measured move.
New indicators for trend prediction Measured Move and FIbonnaci suggested a price target at 14:08 near 11:45am, however the chart did not move in line with the trend so a new trend analysis to the downside seems in order, thoughts?
Head and shoulders pattern in play measured move to the downside, of 0.30346 stay tuned and happy trading!
Get ready for easy gains coming for Singularity(AGIX) next two projected measure moves as follows, 0.3574 followed by 0.3799 ...happy trading!
I expect bitcoin to start dropping from the 29,300 zone, this should allow bitcoin to fall back into the right ear of the pattern and allow the projection to continue as planned, measured move to the downside $ 27,335..stay tuned
This is not financial advice. I believe $GDX will make a run up to at least $38.41, and potentially higher. The measured move is confirmed by long hand as well as Fib. extension: 1. High of $33.34 minus it's low of $21.52 (Point A) = $11.82. Point B's (retracement) low of $26.59 + $11.82 = $38.41. 2. Drawing the Fib. extension as show on the chart confirms the...
Anything that follows is not to be taken as financial advice. As you can see from this weekly chart, Bitcoin dominance has been trying to paint a low since may 2021. I've had that 48.20% horizontal ray placed for almost two years, and we can observe how it's been already tested four times so far in the course of said time. While that level has been working as a...
The Measured Move: Next Stop for Gold is $2150? The difference between the top and low of A, added to the bottom of point B, creates line C - putting gold at $2150.
BTC 1 Hr - Measured moves playing out so far to the downside. The First Measured move (blue) to the upside already played out also. Looking for the 2nd (green) measured move to play out if the bulls show up. Nice Weekly close for Bitcoin. Lets see how things play out this week. Could be a perfect storm, Banks failing is a BIG call foe Bitcoin! Lets GO!...