Here's a quick TREND ANALYSIS using a simple method I like to call "TIME AT MODE" in the current crude oil market. I'm using the April 2021 futures contract to do the daily analysis. FIRST, notice that the crude oil market has not made a new high in over 5-days. That observation makes me look for downside trades in crude oil by first finding the "mode" since...
I just wanted to use a longer Pitchfan fib on BItcoin with the projected $250,000 price target by Tim Draper. We do not know what year this will happen but it is very likely a doable scenario given all the financial corruption by governments on a global scale. I decided to use the Bravenewcoin Liquid index for this chart.
Last capitulation point before we correct and move to the upside. I have Pitchforks and Fib Circles on the chart. Understand that this is all speculative and not for certain but from what I am learning as I move forward with this market this is my opinion and future target. Tim Draper continues to be positive on this $250k target.
Tim Draper predicted bitcoin price to 250k by 2022. We shall see.
(1) Tim Draper predicts $250,000 bitcoin by 2022. (2) Mcafee predicts $1,000,000 bitcoin by 2020. Will they be right? We'll find out in the coming years..
www.youtube.com Will it come true? Let's see.
From the low in November in the 5% "lock-limit-down" move after the US Presidential Election, we begin a new UPTREND. I updated the trading chat room "Key Hidden Levels" with this analysis as the rally unfolded out of the December-January trading range that is shown where there are 20-days at one price. There were also 7-weeks at one price, which implies that...
Using a mechanical-only approach to analyzing the market can provide disciplined, unbiased and unemotional projections. The AUDUSD has been building a base down here for the last 9 months where every single month has traded between 0.75 and 0.764. The trend-indicator "RgMov" hit a new 44-bar high in early 2016 which pointed to opportunities to buy 11-week...
Fundies... Gap fills + BoJ + Fed Gaps 102 - 103 107 - 108 Fed Fold on Wednesday BoJ Thursday Brexit "Stay" On June 23rd Also...that wedge ;D
I have published this before, but this shows more examples of how you analyze the market for "Smart Money Buyers" that you can rely on. First you have to wait for a spike up in VIX of at least 5 points, then you wait for a pullback of 75% of that VIX spike. Plot the movement from the price low to the level the market was when the 75% retracement level was...
DAX potential "smack down" from a 5-day time at mode signal ending on Thursday's close and note that the new 5-breakout-failure where a 5-day consolidation failed to lead to a new buy signal could be a sign of exhaustion up here ... A little drop and a sell signal is triggered (and CCI has crossed under +100 for a 4th time in this rally = typical of a bull market...