From earlier on today, BTC 1 hour Doji reversal signal. .
LTC/BTC long term market psychological analysis.
So given the strong bullish sentiment, I'm not going for the 'back to 450' on this. The extended trendline fib seems to match up.. surprisingly (or not?).. the elliot count looks good... we've had the rising wedge to go with it... day char Stoch RSI is pumping it's nuts off. Think it might bounce down to $830 ish... maybe $720 if things get out of hand.. but...
For the esoteric amongst us, I thought I'd plot the lunar cycles against bitcoin to see if any cycles were visible. From the looks of the chart, it does indeed look like BTC follows lunar cycles and that we are now (as of tomorrow (and expected volume increase)) about to enter a new cycle. The recent bear rising wedge + new cycle, hopefully will take us down...
BTC candle psycholigcal market analysis. From Steve Nison's Samurai Candle Analysis.
Train is leaving the station. All aboard.
BTCUSD Am I the only perma-bull here ?
BTCUSD Am I the only perma-bull here ?