Gamma-Rat

Gamma-Rat

as forcasted Bitcoin is heading for the 1.618 and 3 fib intersection with possible 1.618 and 1.618 intersection (hot pink line) as bottom but it will be clear when bottom is cause volatility will heat up

Gamma-Rat Updated 

description on chart shows ideal pullback based on hidden fib lines

Gamma-Rat

for starters today looking for pullback to the cross fibs at the 61800 area see chart

Gamma-Rat

Using the hidden support and resistance lines of trading assets we see here BTC has tested the 1.618 to the downside twice now which represents the end of a move some of the time. Usually the 2 fib is the clear end so from this chart we gain no directional clarity other than knowing exactly where we stand. Going to scale down time frames to the 1 hr. to see if...

Gamma-Rat Updated 

finally we have established a pattern to break out of this range from and it implies a large move. looking for a repeat of breakout from 20k. also a btc tip in this bull pattern is it seems to always pull back on it's down moves after creating new highs to the flags it mades during the breakouts.

Gamma-Rat

one of 3 scenarios i see playing out with the new cycle. this one doesn't involve a pullback to 58263 at beginning

Gamma-Rat Updated 

least likely but i do like the idea of a giant flag forming but this would not include pullback to the 58263 area same price movement after

Gamma-Rat

another prediction from this breakout moment. it also requires a trip to 58293 the .786 of the flag high to low. 2nd of 3 predictions and 2nd most likely in my opinion.

Gamma-Rat

basically timestamping this prediction. one of 3 scenarios in my opinon. this is based on a pattern that repeats non stop in bitcoin. it's always in this pattern it seems. kind of wild

Gamma-Rat

can this 4hr. chart on BTCUSD scenario play out regaining the 90+ RSI on weekly charts into all new highs next week? or do we close below 90 RSI on weekly backtesting to have occurred 6 other times and resulting in a sell off to the 21 EMA on weekly at least?

Gamma-Rat

Is Ethereum ready to join Bitcoin chasing new all time highs? If it holds the 61.8% retracement looking to move btc to eth watching for eth/usd to break Jan. 2018 high around 1420 while BTC stays sideways to down

Gamma-Rat

check out this chart of the stock to flow model on BTC. Is it possible that it predicts the future for three cycles of bitcoin now? this is very interesting and fits with the other technical indicators I am using to make this decision that BTC most likely will float around the 21 EMA on the daily chart then back to new highs. For one, the dollar bounce here at...

Gamma-Rat

Everytime BTC has traded at +90 RSI on the weekly, which was only 6 other times, it has sold off to it's Weekly 21 EMA which puts it right at that level around $22,000 or lower. Surprised the NVT hasn't turned white yet on weekly or daily so we are still good. If NVT doesn't turn white or barely turns white then back red, then historically it has hovered...

Gamma-Rat

just for fun looking at possible way SPY might crash

Gamma-Rat Updated 

seems like with supposed financial firms accumulating that BTC would skyrocket but it is manipulated in my opinion so here is long term to 30k by end of year just for shats and gaggles

Gamma-Rat Updated 

Predicting BTC will continue to move in wedge, flag, and pennant patterns by forming this giant symmetrical wedge. breakout of wedge either direction with volume and it should fly to retest the .618 retracement of all time high to recent low around 13400. Funny the timing of all this lines up perfectly with Iran, Facebook, the Fed, the uncertainty of money. ...

Gamma-Rat Updated 

love seeing all the complicated indicators people try to use for BTC when really it mainly trades in flag patterns especially when it's bullish. nice flag here on top of the 50% retracement line from all time highs to this years low. If this holds and breaks out to up side with volume the path is clear to retest the 61.8 retracement at 13400 area

Gamma-Rat

for traders this is the line in the sand and a great profit taking target combined with a short or hold with a small leveraged short. If BTC is going to pause or pull back it will be here then look to buy around various support levels. If BTC breaks through with volume it will retest 20k by tomorrow then same scenario. This is easy trading. Don't over...