On previous cycles BTC has followed a routine of the 50 SMA crossing the 100 SMA and BTC price bottoming out on the 300 SMA. This has always been followed by a rally price up in 2015, in 2019, and now we are in the same situation. I believe over time that we will have to start utilizing grater SMA numbers to make up for deminishing returns. In 2015 price...
In 2009 the DXY hit the top of the channel crashing the SnP. The DXY finally pulled back and broke the RSI Trendline Support. The RSI went back up to hit resistance, at which point the DXY hit a double top. At this point the SnP hit a NEW LOW, and FINALLY the market started to rally. In 2015/16 the same thing occurred as the DXY hit a double top, and potentially...
Looking at BTC in the pre 2014 bull run the structure was the same as our pre 2020 bull run. Following that bull run BTC pulled back and touched the previous bull run peak and continued a bit further down to the lower mid cycle peak as depicted in the chart. In comparing to 2022 we are now in a similar if not near identical structure where BTC has come back...
Phala does not have enough history under its belt to get a very accurate channel, but with what we have so far this is the best that can be done. I have also outlined the areas of major support channel and major resistance channel. Definitely a great project with a massive amount of potential. If the support holds here it will confirm this channel and give us the...
This is the Cardano (ADA) Logarithmic Channel. All lines on the chart represent support/resistances. We could bounce at ANY of these Supports, and pull back from ANY of these Resistances. My Dollar Cost Average buying are at these prices: T1: $.90 - 1.00 T2: $.70 - $.80 T3: $.40 - $.44 This is not financial or investing advice. Do your own analysis and your...
BTC has been going according to plan as per the usual market cycles revolving around BTC halvenings. If you notice the BTC market cycle bottoms are locked in 65 weeks before the next BTC halvening which we are heading towards at the moment. Market Cycles peaks occur within 75 weeks AFTER the BTC halvening. I am expecting that BTC has put in the bottom AND...
This is an updated Doge Logarithmic Channel with all lines representing some level of support. There are 2 major channels of support. -Sell House and Buy Channel -Sell Cabin and Buy Channel This is not financial advice. Please look at chart yourself and decide investment opportunities.
This is the Chiliz (CHZ) logarithmic channel. Support for this downtrend has been added to the chart. The top channel is a sell area of peaks. I want to add that this is a great project and in looking into it you will find a lot of potential as crypto begins to go mainstream. I don't know if I have come across many projects in the past like Chiliz where they have...
I know that everybody is frustrated with LTC and it lagging behind BTC but the LTC chart is literally at the bottom of it's lifetime channel. Do your own reserch and chart analysis and prove this chart wrong if you want to, or simply let time prove this chart right or wrong. The time for when this happens could potentially change to sooner or potentially a little...
We are currently sitting at support. Obviously DOGE will move respectfully to BTC with announcement acceptations. There is no doubt that DOGE has caused a lot of attention at this point, so much that we had to create another channel on top of the previous DOGE channel, and it wouldn't surprise me if DOGE would need another channel above the top one. It all depends...
Here is the Logarithmic Channel for BTC. We are closer to the bottom of the channel. We can drop to ~30k to grind the absolute bottom, but I cannot see that last for long. Any investing taking place around these prices should be considered a safe investment for long term. The upward potential is massive and any dips in price from here should be treated as buy...
This is an updated LTC chart from a previous Post. Some scaling was off in my previous chart.