My original diamond chart () seems to have broken down on the surface after the blue circle. This was also the charts original success point. Since then, I noticed that if I further divide the purple diamonds into quarters, a number of new and interesting intersections have appeared (red circles). I wonder if someone doubled the frequency/scale of their trading...
This chart is for all the people talking about Whales and Bigs being in complete in control of the BTC market in the Bitcoin Talks chatroom. The take away from this simple chart is that there are big and small players in every market. For the past two and a half months, the BTC and EUR have been on the same course against the USD. Their investment return...
Looks like I was one diamond off with my original prediction, but the longer intersection point held. I'm bullish for the next intersection target of 152.5 on or around 9/19 as I feel we are going remain in the newly established channel. Long term I think we will hit ~142 around 9/25 by some means. Either by falling then rising in the old channel and missing...
As you can see, the indicators all overlap and loading/saving is also near impossible. Theory: www.expertadvisordownloads.com
Yellow line on the bottom has and indicator value of 54.2983, but on the right side, the line is well over 70. Zoomed out, the line relocates to what I think is the correct position. Edit: Ok, to fix this if it happens with your chart. You go to the Properties for the indicator (the little gear) and then Scale Right. Thank you admin!
It seems to me that the BTC market may have developed a diamond pattern. Drops are often ~10% and gains are ~18%. If the pattern holds, I think we could see a strong ~10% sell off over the next few days to ~110.50USD. Weekends have been some of the most volatile times to hold BTC so a big movement downwards would not come as a shock a the week comes to a...
Just a guess for next week. It starts with a big sell to drop below the 4hr Ichimoku cloud tomorrow to scare the new comers. Those who stick it out will be caught by the bottom of the cloud and ride it until reaching the safety of 8 hour cloud where a a new upswing will test 117.5.
My long position from the 2nd bottom in early July is now far into the daily-scale range. With this last increase almost through the 1-day cloud, there aren't many bearish Ichimoku indicators remaining on the 4hr and 1D. I decided to search for other bearish indicators on the multi-day scale and found a huge bearish cloud which is a remainder of the 266 bubble. ...
I think the recent 86.20 low marked the end of the black trend line which began at the recent monthly low. As you can see though, it seems to live yet though as the 1/2 Gann fan line from the recent 86.20 low point. Now, the 1/1 Gann fan trend line looks to offer support as we head over a few thin spots in the 4 and 12hr Ichimoku Clouds. If we can reach the...
With the strong MACD cross was hoping we'd catch a break up and could ride between the clouds again until breaking out above in early July. Wasn't surprised to see the downward break though due to some massive roadblock someone threw up on CampBX. 500BTC at 107 on the lead up to the cloud on 6/13, on an exchange with 500BTC daily volume? Good plan!