Mamocoin

Mamocoin

Bitcoins next price target, before some more meaningful resistance, is likely to be in the range of 35.7k - 36.8k. Their is confluence of fib levels in this range. The 0.382 fib level measured from the all time high to the bear market low, and the golden pocket level (0.618 - 0.65 fib level) measured from the next macro high during the bear market to the bear...

Mamocoin

Possible head and shoulders forming. Broke the falling wedge and retested for support at the golden pocket retrace. Nice bounce so far. Measured move to new all time highs.

Mamocoin

Possible head and shoulders forming. Broke the falling wedge and retested for support at the golden pocket retrace. Nice bounce so far. Measured move to new all time highs.

Mamocoin

Comparing Bitcoins mid cycle pullback in 2013 to Matics recent pullback (possibly mid cycle). - We see similar highs and lows on a relative time scale ratio between the two - We see a similar pullback of around 75% for both

Mamocoin

Golden Bull Cycle originally posted by Trading Shot on Trading View. The basic theory is that Bitcoin spends approximately equal amounts of time going from the bear market low to the halfing compared to the halfing to the bull market peak. I've added Fib extensions based on the previous bull cycle peak and bear market low. We see on all cycles a struggle at...

Mamocoin

2013 v 2021 cycle (2 week chart). Connecting the mid cycle tops on the RSI with a parallel channel shows our current RSI position at the same low as the 2013 mid cycle pullback. Stochastic RSI is also at a similar level.

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See chart

Mamocoin

just now Using the logarithmic extension on the logarithmic chart, and charting the previous bull cycles we see that bitcoin , in the past, has gone to the 2.272 - 2.414 extension using the previous peak and the bottom of the relevant bear market. If history repeats this would put Bitcoin at 207k - 269k.

Mamocoin

A 100% Accurate Bitcoin Pi Cycle Top Indicator. Here's my video talking about it. www.youtube.com

Mamocoin

Inverted head and shoulders possibly forming on Bitcoin with a measured move to 61500 once breaking the neckline

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CME futures chart for bitcoin, testing resistance and the 0.382 level on the fib retracement. Pullback or breakout coming?

Mamocoin

Everyone is expecting a 39 -40k bounce, but i think we may go to the 21 week EMA at 32 - 33k which will wipe out a lot of over leveraged longs from 40k. Previous bull market had several pullbacks to this moving average. VPVR also supports a bigger drop. RSI also likes to pull back to 55 on the weekly as in the previous bull market.

Mamocoin

Bitcoin looking to come down eventually to the 21 weekly exponential moving average which will be lining up with the golden pocket retracement over the next several weeks. This area also has the biggest volume spike on the volume profile indicator. The RSI indicator shows bearish divergence and will come down to a 53 reading shown by the yellow horizontal line...

Mamocoin

Bitcoin looking to retrace to the golden pocket area around 40k, which also coincides with the 50 day moving and exponential moving average. It also coincides with an area that previously traded a lot of volume shown on the Volume Profile indicator.

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If we break down from the triangle pattern, the measured move lines up with the CME Bitcoin Futures gap.

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Small time bounce at the 61.8 fib level and support 4hr ribbon. But we will go lower over the coming weeks

Mamocoin

Bitcoin will run up to the top red dotted line at 13.7 - 13.8k then pullback to the top yellow line at 12,150

Mamocoin

Volume trend broken, triangle pattern broken with target of 10,500 which also lines up with the 0.5 fib level