Brodie

Brodie Updated 

Supporting Chart to be considered with respect to the below posts Cycle Bottom Indicator - First Live Test Approaching? Bitcoin Cycle Accumulation Zones -150W & 200W SMA

Brodie

A quick update relating to our previous post. BTC has continued its trend to quickly drop to the 200W SMA once it has broken the 600D SMA and we are now in our Golden Box accumulation zone between the 150W SMA and the 200W SMA with potential to drop down to the green box and visit the 300W SMA. If our 'BTC - Historic Over Bought / Sold MAs' indicators holds...

Brodie

From purely a TA prospective, structurally RFX (RedFlow) looks to have escaped it's decade plus long downward trend line with a very nice accumulation zone to mark a potential macro bottom (see prior post below)...? With government reform now looking at energy storage solutions piece of the problem, is now RFX time to shine?

Brodie

Alts a very susceptible to heavy devaluation in comparison to BTC when Bitcoin is in the 'Bear Market' phase of its cycle. Alts historically have not been a safe medium term play during this period until at least BTC has put in its cycle bottom and we are on the other side of the coming BTC halfling. HBAR I believe will perform strong in the next bull market...

Brodie

Has RFX finally bottomed and is forming an accumulation range between ~$0.032 & $0.020?

Brodie

If BTC rallies to close out the Monthly this week, thinking a date with the 200D SMA will be my point of focus... Aqua 200D SMA likely intercept with downward sloping trend line at possible price action intercept. Thoughts?

Brodie

Critical point for BTC on the daily for the start of this week. * RSI trend line, break to the upside (green arrow on the RSI); BTC holds local bottom support (20-30K region - green arrow on BTC price chart) and we might see a price rally to 40K (watch for the 200D SMA). * RSI trend line, hold as resistance (green arrow on the RSI); BTC breaks support (20-30K...

Brodie

BTC historically after making a cycle ATH (All Time High) falls below the Ichimoku (IM) Clouds indicator (light and dark gray filled areas on the chart) on the 3D chart and holds it as ~ resistance during the Bear Market phase of BTCs cycle. BTCs chance to escape once falling through the IM Clouds (shown at the orange arrow) is at the intersection between the...

Brodie

* Possible Falling Wedge (FW) price fractal in play for BTC (both in price action and aligned with RSI). Set-up would require price to go lower from here but is a common setup for market reversals. * FW moves would take us down to Daily OB (Order Block) support (Blue rectangles) and retest the 200W SMA. * Any pump from current levels, watch for the 200D SMA for...

Brodie Updated 

Bitcoin Cycle Accumulation Zones -150W & 200W SMA Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone. We have seen so far in each...

Brodie Updated 

Bitcoin Cycle Accumulation Zones -150W & 200W SMA Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone. We have seen so far in each...

Brodie Updated 

Bitcoin Cycle Accumulation Zones -150W & 200W SMA Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels which have attracted long-term accumulation by investors. In each cycle to so far, the 150W SMA and the 200W SMA have done a good job at identifying this accumulation zone. We have seen so far in each...

Brodie

Bitcoin Cycle Accumulation Zones -150W & 200W SMA KEY CHART ITEM LEGEND * TEAL LINE (LIGHT BLUE) - 200D SMA * AQUA LINE (DARK GREEN) - 600D SMA * GREY LINE - 150W SMA * NAVY (DARK BLUE) LINE - 200W SMA * Navy Box - Re accumulation Zone Time Frames Historically during BTC cycles as measured from Bitcoin halvings, investor sentiment reaches over sold levels...

Brodie

Short Term TA - BTC 1h Chart A picture says 100 words

Brodie

A quick update from our previous discussion - BTC - Breakdown of Market Participants & Structure 1# * BOTTOM OF TRADING RANGE - It has taken us a little longer than the more bullish set-up discussed previous but we are finally at the bottom of our trading range and testing the Demand Zone (now 2 months later in early May - we considered the possibility we might be...

Brodie

Daily close today broke key trend line support. Retest of the ~$30K region seems like the likely shorter term outcomes for BTC. Bearish view points to consider over the long run from here if this scenario plays out: * Trading range Demand zone and fib level golden pocket support around the $28-$30 price region * Daily OB support at $23k and $19-$20K (also prior...

Brodie

Quick Post on the $USD * Monthly Bullish Divergence * RSI Breakout * Symmetrical Triangle (Pennant) Reversal Pattern Breakout Macro Outlook * FED tightening cycle started Current State * Testing 2017 Local High Is this the path for $USD over coming months?

Brodie

Hopefully this chart is fairly self explanatory. GREEN & RED arrows correspond to BTC price movements. BLUE arrows correspond with $USD (DXY Price Movements).