I 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,...
Using the inside pitchfork and layering them can give us a possible price scenario for Sologenic end of 2023. Of course we are basing this on the Expanding Cycle THeory mentioned by Nicolas Merten from Datadash on Youtube. The bull cycle for Bitcoin could happen in 2024 as well. No one has the crystal ball on the future peak for Bitcoin but with some math and...
using a pitchfork along with an ascending channel. I am basing this ascending channel off of the first three points of contact at beginning of this channel along with a touch at the resistance top of ascending channel. We dipped below this ascending channel and in order for this channel to be respected, we will have to come back inside the channel. The Pitchfork...
in the coming few months we should see risk-off occurring but we first may have the final blow off top - contrary to most critics. Or not. We will see.
to get to this possible Expanding Cycle Theory mentioned by Nicolas Merten on Datadash Youtube channel I am taking a different approach to see if this theory has any teeth to it and apparently it does if applying Fib points to it. I am using the Schiff Pitchfork and also the Fib Channel as points to give me the most number of touches on Fibs as possible. All the...
Hello traders! Looks like the Market is at the peak of this bullish move. We will see some dip in the Market. We will not risk more than necessary. Stoploss @ 0.04987(-1%) Target @0.04515 (+8.5%) Suggested leverage 20x Don't forget to hit the like button and follow to stay connected.
This is the real photo in scale. The chart when posting the idea made the bar patterns all skewed. Hi everyone, Thank you for considering reading my idea. Please note that this is just my opinion. I think the reason why Bitcoin didn't get a blow off top (IF April was supposed to be the peak) just like what happened in 2013 and 2017 peaks is because we had a...
So now I see current situation on American market so. The first target of index is 5300 that is near the global target (5000) of index set by me earlier. In that cases if this line is achieved the index may reach for 5600 (the second target).
We're at the top of a large expanding wedge, could be a reversal pattern for the longer run in itself. Also nearing very long term resistance on the weekly chart from as far back as 1998, might not be there yet, we'll see. This smaller wedge at the top here is similar to other peaks with the descending resistance. I'm starting to add small sell positions, as...
As many of you know I am now considering that we may have a possible change in the bull cycle pattern. I have always believed in the typical 4-year cycle pattern for the Bitcoin peak based on the 4-year halving but now I am starting to lean on this possible new theory. If you look up Nicholas Merten (youtube channel called Datadash), he explains this theory with...
Ok guys, based on a possible change in the Bitcoin cycle (look up Bitcoin Expanding Theory by Nicholas Merten/Datadash) I am going to update my Kin chart based on this expanding theory going into November 2022. I have a high of $0.01 for Kin but it could go higher considering that Bitcoin could hit a peak between $300k-$500k. This is a 3-day chart with a Cup and...
Here is an interesting configuration that shows all 3 bull runs combined to a top of 200k on or near January 3rd. In regards to Fibonacci, I believe that could be the peak price. Also my reasoning for the date is how Bitcoin tops move to the next moon phase for each bull run. The orange is the 2013 bull run, the blue is the 2017 bull run, and the yellow is the...
I’ve seen many reasons for Bitcoin to top before this date and here’s one of them. So what I do for this example is take the amount of days from mid bottom of every bull run to the last day before significant dropping near or at the peak. So in 2013 it was from July 3rd -December 5th (153 days). In 2017 it was July 16th - December 17th (154 days). Now I believe...
I am using the Trend Based Fib Extension so that we can get an idea of where Kin could possibly hit certain price zones based on fib numbers. Of course, this could be wrong but Fibonacci zones are crucial in making some kind of connection with a future outcome. I am still bullish on Kin reaching a possible $0.01 price target but more conservative at $0.005. Notice...
Following a rocky start after an uplisting and delisting from NASDAQ, PKK has been checking all the boxes in every other metric and has been hitting it's bull flag targets since the first run from 35 cents. Despite the pullback after losing the NASDAQ listing, we retraced only a little more than the historical 57% after every bull run and the hit we took after...
After Bearish trend and slight adjustment it is expected that a bearish trend would follow. Long strategy would be appreciated.
Take a look at this logarithmic model. If this trend holds true from the previous data, we could see a huge surge in Bitcoin's price. Please feel free to let me know what me know what you think.
I am using two fractals to show us how Bitcoin may move in the next coming months. If we hit a peak in October or December this is what we could be looking at. using the Beam bands, fractals, Time zone Fib and Trade Genius research info to accomplish this chart and my own wits as well.