Corrupt_Economy

Corrupt_Economy

Bitcoin (BTC/USD) is forming a classic cup and handle pattern, signaling potential bullish continuation. The cup is characterized by a rounded bottom, and the handle indicates a brief consolidation phase. If price breaks above the handle's resistance, we could see a strong upward move with increased buying momentum.

Corrupt_Economy Updated 

Potential head and shoulders. If the right shoulder forms then it looks set to take us down to 3950 by mid-May.

Corrupt_Economy Updated 

Potential Cup and Handle Formation. Cup has formed. Currently in handle with more downside potential to 200EMA. Once we bounce off the 200EMA and then see what happens if we break out of the handle.

Corrupt_Economy

Bearish break out of ascending wedge with retest complete. Target for this is around 6600; however if this happens we will also likely complete the head and shoulders pattern. A break of this neckline takes us down to 6400 where we find strong support.

Corrupt_Economy

Possible head and shoulders

Corrupt_Economy

This is a classic diamond top reversal pattern. As we have now closed the Feb gap we start to go down finally. We will then bounce around within the diamond before finally heading down to our Buy Zone which is measured by subtracting the height of the diamond from the estimated break down point. Amazingly this point coincides with the green long term support...

Corrupt_Economy

Short. Last post was wrong.

Corrupt_Economy Updated 

Just expressing my view that the road down to 1850 will start in the next week (two weeks max) and will take around 2 months. Expected ETA by end of second week of October.

Corrupt_Economy Updated 

As per my April analysis; the fib spiral of death is still holding; supported by even more signs of an incoming crash.

Corrupt_Economy

As the title suggests - we have a large (light blue) bullish falling wedge with break out. As we have broken out we should expect to retest previous resistance as new support. This will help form the bullish ascending triangle in yellow and also converge with the .236 fib level as added support. We also have the green inverse head and shoulders. My entry:...

Corrupt_Economy

So my bearish bat is still holding for the moment. Looking at the weekly it is likely we will test the 50MA as support flipped to resistance. This will also coincide with overbought conditions either this week or next. Then we will head down.

Corrupt_Economy

We are looking like retesting 200MA as support flipped resistance before we head back down.

Corrupt_Economy Updated 

Potential here to clear the remaining CME gap shown in red (11,695-11,795 from August) before we head down. It would make a great bull trap. Potential high of 12,400ish OR we just head down and ignore this gap given it has gone unclosed for so long anyway.

Corrupt_Economy

Looks like some volatility incoming. Meaning - downside to SPX is expected.

Corrupt_Economy

Looking for a possible head and shoulders to form here. Fib spiral of death also supports this.

Corrupt_Economy

AUD vs USD Long Term Road to Parity. I will be looking forward to my US holiday in 7 or so years.

Corrupt_Economy

As per the title supported by Fisher Transform.

Corrupt_Economy

Bullish Falling wedge with declining volume . Have amended diamond to consider where the right hand side may end. Bullish and Bearish fakeouts have created what is looking very much like a diamond bottom reversal pattern forming. Take Profit 1: 1.195 Take Profit 2: 1.21 Take Profit 3: 1.25 Stop Loss: 1.06