What you guys think ? is this an adam and eve bottom ? or have we more downside before a reversal?
Sto RSI shown clear congruence with an uptrend in price once the bottom is hit. The Sto RSI has hit the deck, this has served me well over the past few volatile months. Just thought id share as been a while :)
Weekly chart confirming bullish bios, currently battling with the mean, check out the stochastic rsi... weve never been so low, i believe were going to get a good summer run :) short term resistance 45k, this years target $100,000
potential targets, if we came out of a negative wickoff, we could be flipping it, seems a little invert wickoff ish.... stochastic highlighted all previous buy and sells very accurately. potentially upside targets in a bearish world i like to bring hope :)
This is just some fun data to which i wont elaborate on, it is however amalgamated by previous Average data. All charting has relevance, ill leave you to decipher it if you so wish. All prices and Amounts of Bitcoin acquired by 'said' entity are only estimates and only a representation IF each had 1.5 billion dollars to invest. its a nice Bullish Sentiment...
with the sale bought up we could now be pushing higher to 60k target ..... base lines depicted in blue .
eth looking healthy in its potential move to the upside
ethreum isn't done yet, price stabilization and gives us a chance to accumulate at DCA ..... chart shows possible target to the upside. down side possibilities of course, risk management and SL :)
patterns are patterns and will mimic eachothers vibration through time, my charting sees less comparison to usual charting because i implement a lot of average collated data. so anything you dont understand, you wont. for good reason :) this is a projection of what could be.
POSSIBLE REJECTION FROM THE ICHI CLOUD AND DEFFERENCE TO THE THINNENING OF THE CLOUD :) BREAKTHOUGH AND HOPE FOR VOLUME
POTENTIAL H AND S FORMATION RESULT 40K-33K THEN BULL MODE .....AGAIN FURTHERING DATA TO CONFIRM
SAW SOMEONE WITH THE ALL SEEING EYE.... ZOOM OUT FOR TOP TARGETS :)