Nugacity_Fracedinous

Nugacity_Fracedinous

Bitcoin is forming a falling wedge pattern on the H4 view. The bullish target of the breakout is 54K. The bearish target of the breakout is 41K.

Nugacity_Fracedinous

Bitcoin is forming a head and shoulders pattern on the H4 view. The bearish target is 42,000$. Closing under this target will make Bitcoin closing under the daily moving average 200 which is a bear market signal.

Nugacity_Fracedinous

Bitcoin is forming a diamond pattern on the H1 view. The bullish target is 52,000$ and the bearish target is 45,000$.

Nugacity_Fracedinous

Bitcoin is forming a W pattern on the H4 view. Bullish target is 55,000$ and bearish target is 49,000$.

Nugacity_Fracedinous

Bitcoin formed an inverted head and shoulders pattern on H4 view. Usually, it is considered as bullish in 50% of cases as patterns work better on daily view. My target is 74K, however we performed 6 months of bullmarket in a row, which never happened since 2012. 7 months never happened since 2011. We could also see a retracement this month but we have more...

Nugacity_Fracedinous

Rising wedge with higher lows and higher highs. 1.9T$ stimulus passed, inflation growing, rates raised. 69K insight this month.

Nugacity_Fracedinous

Oct 17 2020 = 21189 cases/day = 148323 cases/week Oct 24 2020 = 31329 cases/day = 219303 cases/week Oct 31 2020 = 40161 cases/day = 281127 cases/week Nov 07 2020 = 56377 cases/day = 394639 cases/week

Nugacity_Fracedinous Updated 

Bitcoin could form a potential falling wedge. It could as well as break upside as each triangle breakout as it could range lower for the whole February month like in 2017. If it ranges between 27,000$ and 30,000$ for one month, it could finally touch the SMA 100 which is a crucial support in a Bitcoin bull market where it usually bounces back, recovers, forms a...

Nugacity_Fracedinous

If you look at my previous related idea, Bitcoin broke the first triangle upside and it doesn't seem to be a fakeout at the moment. Bitcoin could form a potential rising wedge giving an opportunity to play both short and long for swing traders and scalpers or DCA for holders. It could recover 42K this month and breaking a new ATH around 45K if February performs...

Nugacity_Fracedinous

Bitcoin W pattern

Nugacity_Fracedinous

I see an ascending channel from ~14 December, when the price evolves in the bottom of the ascending channel, it pumps slowly but surely and always bounce back from the bottom of the channel. When the price evolves in the top of the ascending channel, it pumps faster and higher before going back to the middle or the bottom of the channel. Stimulus check increasing...

Nugacity_Fracedinous

Bitcoin head and shoulders pattern

Nugacity_Fracedinous Updated 

Bitcoin W pattern Still in the ascending channel of the related idea on its road to 42K this month.

Nugacity_Fracedinous Updated 

Bitcoin ascending channel on its road to 30K Elliot waves ABCDE

Nugacity_Fracedinous Updated 

Bitcoin rising wedge Elliot waves

Nugacity_Fracedinous Updated 

Bitcoin forming W pattern

Nugacity_Fracedinous Updated 

Bitcoin rising wedge Elliot waves pattern

Nugacity_Fracedinous Updated 

BTC W pattern forming