ITS gonna boom possiblyI am testing my own mathematical indicator derived from Lagrange Theory.
Its showing good signal and trend reversal.
LII is for buy and sell signal whereas LMV is for trend reversal pattern. So far its good.
Along with i use the combination of Trix and named as TRIX multiple created using ptne script editor that is available publicly now.
These two indicator are still under testing. Another anyone can try and give me feedback. With these three i can see the possibilities of BTC going upward.
BTCEUR trade ideas
Off the Map: BTC's uncharted journey, dxy's curious course!So, crypto's buzzing with bullish vibes, but here's something I want to share: There's a pattern emerging on the btc chart. A massive diamond top formation, signaling a potential drop to the 9K area. Meanwhile, the dollar is playing it cool, but zoomed out on the weekly charts, it's riding an uptrend and printing a bull flag, hinting at a ride up to the 114 zone.
Now, I know the halving's around the corner, and historically, that's been a cue to moon rides. But, and it's a big but, we can't bank on history repeating itself. There's a chance we might see a "not mooning" situation post-halving, maybe delayed? Throw in some global chaos and economic instability, and suddenly the halving party gets a bit more unpredictable.
I know this is unlikely, but be prepared for anything. It's a wild ride, and the usual rules might not apply this time. I hope I'm wrong; a new all-time high next year would be very welcome. But I can't ignore this potential pattern.
Bitcoin's X-Wave Symphony: Unlocking G, H, I PotentialDeciphering Bitcoin's Monthly Odyssey: Unveiling a NeoWave Correction
Introduction: The Grand Correction Unveiled
In the vast landscape of Bitcoin's monthly trajectory, a compelling narrative unfolds. Following a substantial downturn, Bitcoin is now engrossed in a corrective phase. This analysis delves into the ongoing X wave, discovering a symmetric pattern that holds the promise of completion through the G wave, with the mysteries of H and I waves yet to be unraveled.
Key Insights: Unraveling the NeoWave Correction
📉 After a significant decline, Bitcoin's current correction takes center stage. The intricate dance of the X wave reveals a captivating symmetric pattern, providing a roadmap for the next moves.
Symmetry in Focus: G Wave Approaches
🔄 Zooming into the details, our attention turns to the imminent completion of the G wave. Visual aids showcase the symmetrical pattern's evolution, laying the foundation for the subsequent phases.
Anticipating the Future: H and I Waves on the Horizon
🔮 The chart becomes a canvas for future projections. The H and I waves, depicted in the analysis, beckon with potential trajectories yet to be charted. What do these forthcoming waves hold for Bitcoin's journey?
Chart Analysis: A Visual Guide
📊 Visual representations within the provided chart illustrate the unfolding X wave and the anticipated moves of G, H, and I waves. A glance at this visual guide enhances the understanding of Bitcoin's current phase.
Conclusion: Navigating the NeoWave Landscape
🚀 In conclusion, the NeoWave correction becomes a guide for Bitcoin enthusiasts. The imminent completion of the G wave offers a compelling narrative, yet the uncharted territories of H and I waves demand careful navigation.
Disclaimer: Insights and Investment Caution
⚠️ This analysis is based on observed patterns and projections. Cryptocurrency investments carry inherent risks. Readers are advised to conduct thorough research before making investment decisions.
BTC/EUR vs BTC/USD: Discover the Crucial DifferencesBTC/EUR vs BTC/USD present significant technical distinctions. Since May 2022, both BTC/EUR and BTC/USD appear to have formed an ascending wedge pattern on a linear scale, which typically breaks downward, signaling a bearish pattern.
What's intriguing is that the asymmetry of this pattern for BTC/EUR is more intriguing than for BTC/USD. Over time, BTC/EUR has tested the uptrend lines (UTL) seven times, while BTC/USD has tested them only four times, leaving three different gaps compared to BTC/EUR.
This illustrates the importance of analyzing Bitcoin beyond the USD context, as it can influence both classic patterns and more modern indicators. It's worth closely monitoring BTC/EUR, especially since in the Forex market, the EUR is an asset with a high trading volume.
btc disbelief ending?In my previous idea, I think I make a mistake, I think we may be not close to disbelief, but we already are in late disbelief stage. I bet on that analysis that we could go up to $30k but I didnt expect we will catch it so quickly. But never mind, I take this candle as an anomaly, and we could erase it from ta. But let be honest it is a good sign.
Today I was thinking that after this massive pump we will go straight down, and last stage before rally will go according to my previous plan with target 20-16k. Bitcoin after this pump still go up, but as we see RSI bitcoin is now oversold, so I'm quite sure that we will have few more days when the price will stay on more less same level. Final dump before rally could bring us dump to $27k. I'm not sure if my previous plan with 20-16k could be valid.
So, do rally will start soon?
Bitcoin 'trapped' between 22 and 55 MAThe monthly 22 and 55 MA define the boundary for Bitcoin a the moment.
To the downside there is solid support at the 55 MA and lower around 19K monthly support.
When the 13 EMA (orange line) crosses the 22MA the real Bullrun may start.
But that might take a while ...