businessbryant88

businessbryant88

-vol. is heading down so consolidation on top of previous range is probable. -it is also consolidating on top of of bearish control zone in rsi =if it breaks down back in range on a pattern failure then than expect support on bottom of range, then if it breaks down from there, expect a move up for the retest and then a resumption down to the measured move of the...

businessbryant88

Daily Time Frame -if closes above .019, goes to .022 -breaks .016 downtrend breakdown -closes above .0227, up trend -consolidating , volatility ready to explode so direction decides alot -if breaks to upside. long term at fib ext. .618, long term target is .04 - if breaks down target is .005 mid term

businessbryant88

i also fogot to say that we came down exactly to the 618 fib ext.

businessbryant88

Ok so i hate doing the brush but my friend wanted to know as much as i think...It looks like wyckoff reacumulation to me, which wi think we just had the spring, so im expecting a retest and resumption upwards, of course making pullbacks along the way

businessbryant88

so obviously we're pumping because of the minigame coming out in the next few weeks....My fib extention targets and corresponding VWAP levels are 2.618 fib and .1103 Price, and next 3.272 fib and .117 price.

businessbryant88

-momentum is cooling off but looks like VOL. will return -if 21 crosses 50 at top of descending wedge and we break out that's going to look very good -21 is bouncing off 111 -RSI is testing bullish control zone, which it usually does before entering it

businessbryant88

As anyone who's been following my POLIS chart, you know that i've had these curved zones of accumulation and levels for awhile....It seems that it wicked down exactly to my curved zone, and closed still inside the descending channel, so analysis still stands the same...We need to get a 4hr close above $7, to resume up.

businessbryant88

If BTC can close a daily candle above 61.6k, then i think we'll be going up to new ATH. If we continue to show weakness from here, then the next level im looking for a bounce, and possibly a reversal, is around the fib ext .382, and 57k.

businessbryant88

these are my short -medium term levels, the chart ive been using for a week,,,seems we're in a descending wedge heading doen to the curved support

businessbryant88

looks to me that polis is in a double bottom / W formation accumulation zone. Making the range 6.07- 7.33, and then as the curve progresses , i expect the PA to do so as well...I have my mid-term fib target set as well, at the 618

businessbryant88

Bitcoin looks like it's in re-accumulation at the moment. It is almost perfecr textbook wtckoff re-accumulation. We need to see the sos to confirm, and the volume signature is also what we want to see as well.

businessbryant88

this is wyckoff all day, re-accumulation...thats why im not even gonna go through the steps...If you know wyckoff, you see exactly what im saying

businessbryant88

It looks like bitcoin is in a re-accumulation phase on the bi-hourly, short term accumulation, but if we break out of the channel, i think we can go up , by measuring the height of the channel. we'll see if this was a RT, and then the breakout. Pay attention to the volume signature. So far it is right where we'd want to see on a re-accumulation stage.

businessbryant88

SHORT TERM ANALYSIS-----It looks like we're in an ascending channel, so i could see us dropping down if broken, especially on the weekend, as the price action usually goes against the trend and then resumes on open week. Also included the fib levels

businessbryant88

Ut looks like atlas broke out of the descending channel, came back down fir the retest and is resuming off . first price target is .103, then .114

businessbryant88

looks like it broke out of the descending channel i mentioned in the last chart, now we head to the top of the bigger descending channel and then we'll se where we're at then

businessbryant88

The price action has dropped ATLAS down to the fib retracement of .618, which is alot of times a bottoming area. Also is in another descending channel, and ass you can see the time before had good results from that,,,we will see.

businessbryant88

Looks like polis is testing my curve accumulation zone that i made a month ago...If it holds, we should get a nice one,,,if it breaks then my curve analysis is invalidated