Sporia

Sporia

We could see some serious Matic movements if we break this resistance, for now its held the 0.5 fib pretty well. If you look at the Matic RSI(4h) readings you can see the we have not been this low since December 2020. Some time in the next 6 days we will get a move.

Sporia Updated 

FIb Time Zone Dates = 18th to 19th July 2021

Sporia

Messing around with Gann Fans , this reversed Gann showing interesting reaction points with the previous two cycle peaks. Fib Date - 6th June 2022 Fib 1.618- 291k

Sporia

It is highly likely that Bitcoin will just move sideways in-between these Fibs till about September 2021. Bitcoin Path 1 If Bitcoin gets above the 0.168 Fib and breaks above the 3/1 Gann Ratio by Mid September , it is possible that we get a cycle peak somewhere Mid December 2021 to January 10th 2022 at 150k. Bitcoin Path 2 If Bitcoin fails to break path...

Sporia Updated 

Fib Time Zone date - 12 July 2021 close 25% or 100% at the 0.618. Matic pattern easier to trade at the moment, bitcoin is a mess and ETH is following a channel and mainly pumping at night for me at least EU. Matic looking like the straight forward trade here, you can long matic on Bybit. www.bybit.com

Sporia

There are a lot of talks about a stock market crash soon but I think quite the opposite is going to happen. I'm using the Dow Jones chart because it has the most historical data. This chart goes back to 1887 , has data from the great depression and two world wars , 1974 stock crash , 2000 crash and 2008 crash . Gann Fan (RSI) I have been trying to pinpoint...

Sporia

Keep in mind that this chart does not include market cap of Bitcoin Is it possible for the Crypto market cap to reach 50 trillion in the future? I think so with adoption worldwide matching internet growth in the 2000s. ibb.co twitter.com "In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997. But Bitcoin's growing faster. Next 4...

Sporia

Tonight the 3M candle closes for the Crypto Market Cap (Excluding BTC) chart and we seem to have printed a gravestone candle , signalling a reversal of trend . If you look at the 3M candle of April 2018 we can see that price did in fact reverse. So what could play out here is price coming back down to 2/1 Gann Fan ratio and testing previous all time high before...

Sporia

This is an updated version of my previous TA "Bitcoin roadmap" which I will include below. Using the Total Crypto Market Cap (excluding Bitcoin ) chart I have found a potential market cycle top later in 2022 which I go over briefly in "Bitcoin Roadmap" about having a lot of Fibonacci Time Zone dates around that time. Have a look below at this TA how I came up...

Sporia

This analysis will be taking a look at the total crypto market cap "excluding Bitcoin". The Alt coin market topped out at 1.5 Trillion Dollars before crashing down to about 700 billion and I do think there is still more downside to go with a fairly long consolidation in play. The question is where do we bottom at the previous all time high 534 Billion Dollars...

Sporia

There is only one channel to be looking at right now and its this one right here , same idea as my last TA just using different reaction lines. A break of 0.382 Fib and there is a high chance we go down to 0.5 fib.

Sporia

This TA is zooming into a section of my previous TA "Bitcoin Roadmap" which I will include below. Looking at yesterday's price action we can see that price reacted off the 0.382 fib fan pretty aggressively , even though we had a good bounce I still think there is more downside. The 0.5 Fib will act as major resistance and has been since June 19 , yes we did...

Sporia Updated 

Are we in a Bear market or Bull market? If we break down from the 0.75 fib and break this last line of support ,we are in a bear market but if we break to the upside we are in a bull market. A break to the upside late July/August is in line with my previous TA

Sporia

Green Line - Positive Cross Red Line - Negative Cross Dotted Line - Halving Date Yellow Line -Cycle Top Interesting volume patterns using Heikin candles

Sporia

Fibonacci Time Zone = 10th Janaury 2022 Fibonacci level 0.5 Fibonacci log growth 150000 Staying in this orange triangle for months would be a bullish sign , triangle ends late August 2021.

Sporia Updated 

I was going to wait till after today to publish this but what I found cannot wait. If today's May 31st Fib Time zone confirms then we can go ahead and look at the next fib date in line which is January 10th 2022 and what I just realized is for the first time I get an overlap of Fib time dates. First Fib Time Zones dates (Orange lines ) So the First Fib time...

Sporia Updated 

I have been following May 31st Fib Time Zone for weeks now and today is the day, will we see that shift in momentum? We are currently in a triangle and we need to break 2/1 Ratio to start moving higher. We can also see bullish divergence also forming on the daily RSI. I will include all other May 31st TAs below.

Sporia

Here are two possible routes for bitcoin: V Shape Recovery (Grey Bar Pattern) The Covid crash of March 2020 saw a price crash 55% and took about 70days to recover . I have taken the bar pattern from the first leg of the bull run to show a possible path for bitcoin , now historically the final leg of a bitcoin bull run has a huge momentum increase so it's...