ckochiya

ckochiya

Hi Everyone, It took me a few years to develop a Bitcoin System. It actually works off of a 3-day chart, even though I posted a weekly chart. It recently gave a buy signal at ~22,000. What do you think of the buy and sell signals? Good or not so good, compared to your system or other systems that you are using/following?

ckochiya

CZR has a nice structure. Risk/reward is good. Targeting 60% move upward.

ckochiya Updated 

BTCUSD appears to be reversing off of the Andrews pitchfork median line.

ckochiya

Fibonacci Analysis suggests as likely Christmas Rally with a target of 357.00 by end-of-year. This is assuming that we are in a Wave 5 impulse.

ckochiya

QQQ has broken below a trendline and appears to be retracing now. If this is an Elliott Wave 2, then a typical target would be 0.618 retracement to ~218.00.

ckochiya

Looking at the Gold vs. SPX chart, Gold is presently outperforming SPX. This might be the start of a multi-year bull run for Gold. We shall see...

ckochiya

Looking at the formation of this pitchfork and its trendlines, I think that the upper median line is a likely target.

ckochiya

SPX/GC1! (Weekly Chart) below the 200sma Means Gold is Stronger