AspiringPro

AspiringPro May 5

PSA this is just ripping off Peter Brandt's tweets. I gathered his breadcrumbs and pieced together this analysis. His most recent comment in April '25 suggested that the recent BTC pullback was a back-test of a long standing reverse H&S formation. He has not provided any charting of this formation afaik but I reverse engineered it and I believe this is the...

AspiringPro May 5

My guess is 70-75 before the end of the year, to kiss the trend line. And then its off to the races, 100 and beyond.

AspiringPro Updated  Nov 11, 2024

This all seems familiar to me... BTC has popped off from its cycle low and shown us market participants that it's alive, and now its consolidating around the previous cycle high. This log regression fits quite nicely over Bitcoins steady, exponential and almost linear rise. It would appear that BTC will break out of the regression channel at around...

AspiringPro Updated  Oct 29, 2024

Looking at the log regression, it dawned on me that every time that BTC has come down to the bottom of the red channel, it usually didn't have the juice to pop back up. I think 33k might be in play, top of the blue channel. Alternatively, bouncing off here can save the bullrun. But in this global climate? I'm not so sure. Holding steady, but cash ready.

AspiringPro Jan 9, 2024

I like coming back to the BTC 5Y every year or so to see how the chart has morphed. This will be the third BTC bull cycle for me, and it seems like there are always three major technical developments in the run-up ; 1) major triangle breakout 2) initial growth phase 3) parabolic growth phase The major triangle breakout signifies a departure from the price...

AspiringPro Updated  Sep 20, 2023

There goes my summer eurotrip.. Deep red MACD, looks like its got a bit of a lag to it, so my guess is a bounce to ~1:93 and then a culmination selloff to the bottom of what appears to be a well enough established range, around 1:87. Get it together, yanks!

AspiringPro Updated  Sep 20, 2023

USD:RUB is now re-testing last months high of 73:1, which has been an area of interest since early 2020. Having formed a bullish wedge in the process, if broken upwards, 75:1, 78:1, 80:1 are logical targets for ladder sells. Technically, classical charting principals dictate a target of 85, which coincides with the last real area of historic price action for...

AspiringPro May 30, 2023

Last time I saw volume spikes like this USD rallied hard against RUB. Will lightning strike twice? I think 85:1 is a certainty. Beyond that, 90-100 but perhaps not this year. But the general theme remains the same - you don't pick a fight of finance with the Anglo's and expect to make it out in more than one piece.

AspiringPro May 30, 2023

Not meant as a serious analysis, just interested to see what trajectory BTC USD ultimately embarks upon. Will check back in a year or two. Due to fiscal irresponsibility from every world government, as well as changing global economic structure and geopolitical situation, it would be difficult to imagine a scenario where BTC breaks downward and dies.

AspiringPro May 4, 2023

On one hand I would imagine 100 is quite strong psych. support. However, those are just my subjective thoughts, which often get me into trouble whilst trading. The hard facts are that a recession is incoming, and that spells trouble for Dixie. Not to mention the banking, inflationary and otherwise economic problems. Still, I am unconvinced of any specific...

AspiringPro May 4, 2023

The writing was on the wall for this one - >>rising wedge, >>longest MACD green swing in this pairs history >>lots of new analyses recently on this currency pair, which is usually dead, all of them bullish. However, though a pullback was long overdue, I'd say fundamentally nothing has changed. At a glance, DXY is down a bit, albeit on strong support, US...

AspiringPro Jan 18, 2023

I don't trade FX so this is just training for me. Volume spike before the big surge to upper 60's / lower 70's has not seen corresponding high volume sell off yet, which alongside ongoing consolidation leads me to believe we are still not out of gas. I would like to see 80 level reclaimed.

AspiringPro Updated  Nov 4, 2022

I don't believe there is much worth in T.A. on RUB pairs - it is a heavily manipulated and practically 'closed' currency. Clearly the government de-facto pegged it at around 60 so they could say they are stronger now than before the sanctions. However, it seems as though it has broken and backtested the wedge it has been trading in. 70-80 would be nice. Anyway, lets see.

AspiringPro Mar 21, 2022

-continuation from my previous idea. If we view the BBands without log chart we can see that for the past 2 bubbles, the price action culminates in a peak above the top band, then retreats to test the middle band, then *briefly* crashes below it, before rebounding back to find support on the middle band, and then progressively starting the new bull run. This...

AspiringPro Mar 21, 2022

I published a similar chart earlier last year as the bull market was ongoing, and now that the dust has settled it appears that my theory has held. BB + LOG chart creates a pretty damn easy to follow chart on approximately when to sell. Looks like a ~2 year bear market is indeed upon us!

AspiringPro Updated  Feb 28, 2022

I am curious to see what direction we will break towards from this multi year triangle. With increasing political, social and economic pressures mounting in the US, alongside emerging competitors on the global stage, fundamentally we cannot exclude a break upwards, from which we can potentially see a ~10 year trend culminating with a retest of pre-2014 levels of...

AspiringPro Feb 9, 2022

MACD+RSI look like a good relief rally is in place for the next quarter. I'm guessing .618 is a reasonable hit which should come in at around 53-54k. Regards Dan

AspiringPro Updated  Dec 12, 2021

Looks like we have bounced off the support from the trend since 30k which has marked this leg of the bulltrend. Failure to hold here will result in major losses dropping us to back down to major supports at 40k, and more likely 30k. Maybe even lower as in 2018. Lets see!