BarryMcKokaner

BarryMcKokaner

Taking a look at the fractal from the May dump compared to the current one that look remarkably similar, there is key support at the yellow trend line. I think it would be pretty reasonable to see a short term dump to the 36k range and then a bounce to the upside. We may not complete the 5 way pattern, but testing 50k on or before Feb 5th is highly probable

BarryMcKokaner

Bogdanoff is with us from beyond the grave, sometimes you go beyond fundamentals and just.. believe Pamp eet

BarryMcKokaner

You can't make this stuff up like clockwork in early January the dump starts and doesn't stop, there are multiple bull traps before the floor, and then suddenly February is a golden month This is just my idea, but I think this is a strong case for a macro-scale formation of a Three Peaks with Domed House, what we thought was the peak was actually the first...

BarryMcKokaner

Just an idea but its looking more and more like a 2018 bear repeat. This is the final critical support if we dump one more time I think its done

BarryMcKokaner

Every 69 days BTC shows strong divergence on the RSI, this has been happening for the entire year. Look at the RSI now, and the previous structures. This is not bearish. This is a three drives pattern to the top. This is extremely bullish.

BarryMcKokaner

We saw GALA break the .702 fib retracement level only to turn back down. Now, we could still be in the ascending channel as I have shown, or it could be a sign of a deeper correction. Watch careful over the next 4-8 hrs to see which way it breaks.

BarryMcKokaner

I see a lot of trend analysis on this site that focuses on 4hr time frames, or 1hr time frames, or *cringes* even 1 minute time frames. These analyses are meaningless because they don't account for the greater trend path of BTC and the crypto market. Things are going to get bigger, not smaller. Check the projects you are in, do you think they will be around...

BarryMcKokaner

- The two previous waves are symmetrical to each other - Ichimoku also symmetrical - 1D RSI is oversold - Strong indication that we at the beginning of the third wave of a 3 wave impulse pattern

BarryMcKokaner

RSI is looking bearish, volume is slowing down, Ichimoku on 15 minute shows a rapid increase in volatility Expect to touch as low as 50,000 with stabilization around 52,829 - right on the 0.618 fib Historically November 5th - 17th have been dump days for BTC, happened previously in 2017 with a 25% correction, followed by more bullish increases 'the calm before...

BarryMcKokaner

Ichimoku Clouds are showing a firm floor establishing at $45,995 with reducing sell pressure. The purple line is a copy of the fractal of the move in March which as you can see is very similar to the move we are seeing now, I suspect we will more or less duplicate this fractal again, and then follow one of the two scenarios I've shown. A. Bullish sentiment...

BarryMcKokaner

With the recovery on BTC we've seen I think its safe to assume we are goin to see a full on repeat of exactly what happened in 2017/2018 - wave 1 in feb, wave 2 in may, wave 3 in september, wave 4 in december/jan I believe that simply using the previous fractal usually yields the most accurate prediction. Get ready for that October dump. The 'October Effect' as...

BarryMcKokaner

Not investment advice. Here's what I think we're really seeing in the chart.

BarryMcKokaner

The previous time we hit an all time high we had a very similar regression trend and bullish flag form, noted here: i.imgur.com Set your sells between 7400 and 7800 satoshis in a range for optimal profit from the next surge. Important note: If this doesn't happen in the next 6 hours it was a false flag.

BarryMcKokaner Updated 

This is a typical three drives pattern forming, next drive will pass 7000 sat

BarryMcKokaner Updated 

A descending wedge being broken is a sign of a trend reversal imminent from a bearish to bullish market. Sideways movement is also highly indicative of this. Expect the price to climb back to the previous high before a quick sell off sometime in the next few days to week. The sell off will likely establish a new support line at a higher floor than we have seen...

BarryMcKokaner

Neutral analysis showing what may happen depending on if this bottom support at ~5500 SAT is broken or maintained.

BarryMcKokaner

We can expect a pull back to ~3000 SAT based on this analysis, and then a further climb to ~5000 sat