The pattern appears to involve dividing each number by a decreasing, but relatively close value. The differences between these division results are not consistent. However, there seems to be a general trend of division with values around 1.6 to 1.7. Fibonacci territory? Looking to expand on this more & will do so in the coming weeks.
We have every ability go go up and touch the purple extensions, 1.6. 2.6. 3.6. and 4.6. i do believe 4.6 would be the hypothetical top if we god candle here, 32.5 invalidation for downside risk.
As politicians use fragile child lives as a trojan horse for their orwellian gun laws- the answer to the problem still remains clear- metal detectors. How many more children will get fish in a barreled'd until some safety measures are put into place. Not LA, not Chicago, they already have proper safety measures- this needs to be a nationwide child safety movement...
As these Logarithmic Regression lines converge where will bitcoin go? Will bitcoin become more stable over time? Will it breakout of this formation? Is bitcoins source code designed to make it more stable over time e.g. miner hashrate & halvings? I believe bitcoin is bullish until interest rate pause or cut. It will come out of no where probably this year (2023)...
I am not forecasting a break up or down of this box, if it happens act accordingly. i think this most recent top dxy made will be tough resistance moving forward, probably unbreakable
Sold my holdings, heavy down pressure indicated. Watching... Key level failing. need a miracle here
We look at price action as it compares to the early bullmarket of 2020 We analyze bar measurements and calculate the respective ratios between then and now to get a clear reference point of wave time. Correctly. We then analyze fib retracements and the possibility iof the 2.12 hit and heavy pullback of 2020, i will post below. Above we can see the the...
if this level fails its doom no gloom, i forecast 75-85k from here stop loss 27800
please see my previous idea titled previous 2020 bull market similarities.
Low volume indicxates a possible fakeout coming, probably to the downside. Losing all moving averages as we speak how low will we go? 27k danger zone (possible buying oppurtunity anything below 27 is scary
lower prices and consolidation, hopefully followed by bulls taking control
see my last published idea, this is based on that i will be trading the range above, the 5% blue box trend prediction after blue box failure indicated by red arrows good luck
The impulse wave and megaphone on a higher candle TF is printing something similar on a smaller time frame, i pasted it down to scale for a better observation. I think the 31st of march will determine trend direction based on if its going to play out the last part of the wave: the ABC leg down, see for reference the blue vertical line. Weekend is notorious...
Interesting formation, measured move is calculated in the chart with dashed lines (lol). Only thing on my watchlist jumping out at me ATM... seeking for shelter in utx (utilities) like $aa etc. (STILL WAITING ON SPY TO TAKE A BIT OF A BIGGER HIT.
We are comparing price action in the charts of GOLD and SPY, just before the 08 global financial crisis. I see many similarities. I think the chart speaks for itself, if you have any questions let me know. Will 'deflation' play a part in the next bear-cycle? Are equities a bubble as Dr. Burry states? What sector will get hit the hardest? What sectors can we...
Compare the boxes, we could have more sideways PA. I do believe 29 is bottom for btc. Lots of trading hands. Lets watch $dxy
If we look back at past PA, we can see how MMs break trend to increase shorting to spike in their face.. low volume this weekend could be a nice fakeout setup for monday. targets around 43 mms=market makers see my indicator pvsra volume suite for more definition
We either reverse the bear cycle and get into local highs or melt back into the 30s and possibly discover new relative lows. Next couple weeks will be huge for btc.. Im betting BULL. The bullish targets on this chart are conservative, and for scalpers.