Please see previous idea for in more in depth logic. As kind of expected, the price reached and rejected off the 4.618 advancement. From here, BTC has the potential of turning bullish again once the daily crosses over the 2/1 line. Potentially within a couple days from now. That could cause it to make another run at breaking 14k But until a breakout is...
3045 is the magic number. This represents a 2.618 advancement from the 2009 low. The 4.618 is 3953 so good chance we see 2500 and even 2100 before we see 4000. My prediction is as follows: SPX reaches and breaches 3000. Maybe gets as high as 3150 before pull back begins. Green box - 2870 or so is short target #1 From here we will need to see what the market...
This is the non video version. CAT looks like we could see the price climb slightly more to $141 before reversing or surging higher. Buying a straddle here could be a good move. Charting patterns and Gann suggest bearish but indicators suggest positive. This divergence usually means short term bullish followed by bearish reversal.
CAT looks like we could see the price climb slightly more to $141 before reversing or surging higher. Buying a straddle here could be a good move. Charting patterns and Gann suggest bearish but indicators suggest positive. This divergence usually means short term bullish followed by bearish reversal.
AAPL is at the top of a wedge and we should see either a break out or rejection next week. Indicators suggest a bullish bias to break out from the wedge and begin making a run to $212 to $234. From there, the price will either top top and retrace, or begin marching on to $290. Buying calls with a few puts to hedge would be a good strategy.
This is the non video version of this idea: TLDR: SP500 will hit 3045 and while it could reject here, it looks quite bullish and 3307 is worth betting on. The rising wedge will break and we could see a December style dip around late April, early May 2020. Getting to 3300 could be a slow melt up over the next few months, with a total break down in trade...
In this video, I explain the basics of using Fibonacci, time application and geometry to predict the future. TLDR: SP500 will hit 3045 and while it could reject here, it looks quite bullish and 3307 is worth betting on. The rising wedge will break and we could see a December style dip around late April, early May 2020. Getting to 3300 could be a slow melt up...
If not 70%, watch out for 67.42% Time frame July 11-14 BTC.D seems to be marching towards the 70 to 71% threshold. That's higher than I expected and the next fib lines are 80 to 82% BTC.D (but this could be a 5th wave target?) This current next wave in BTC.D is driven by, what else, trade war tensions. Most recently Washington approved the sale of $2B in...
Prase be to thie mystical beaest. EDO has morped into a capture and he's got a gun! could this be the catalyust needed to buy and send EDO on it's long over due space mission?? High range targets of 2200 and 2600/ Rocket fuel would be required for those.
Very short term, might reach for $11,284 again before retracing. BTC's meteoric rise over 3 months was driven primarily by the US/China trade war. Institutional money was pouring into BTC as a hedge against US/China trade war. (not because Wall Street has finally seen the light or whatever) Immediately following announcement of the "truce" following the G20...
Targets $1.80 to $2.63 BTC's fiery rise and fall at the end of June delayed Alt season for some coins. In the case of EDO, by about 2 weeks or so. Price along trend line progression has become a cup and handle formation. What to look at: Do you see the thick orange line (top line) and the thick blue line? When the blue line crosses above the orange line,...
XRP/BTC Now's probably the best time to buy alt coins. BTC appears to finally be exhausted, just shy of $14k. Wow. Alts are basically at capitulation. So Fib time frames are kind of tricky, but when combined with the Gann Fan, it can help pinpoint potential reversal and support zones. Looking at the 3D chart. Today's daily marks the start. This also marks the...
Looking at EDOUSD today. We can see a golden cross is printing with today's candle. This is typically a very bullish indicator and the last golden cross on the 4 hour saw a nice rally in price. Previously, the 50 day crossed the 100 day on June 13th. (bullish) Price could potentially reach $1.64 very soon on a significant pump. Expected time frame is before...
EDOUSD could see $2 by August 1 2019 Could July be the month alts catch up to BTC? EDO's USD price is clearly on a run, all though that has more to do with the rise of bitcoin's price. If the current trend (blue arrow line) remains intact, it leads right to $2 by August 1. EDO loves to post shooting stars however, so it's likely the $2 price target is hit...
This an update to my previous ideas: Bitcoin: Bitcoin Dominace --------- So, either way, BTC will reach all positive targets, it's only a question of which path it takes. The short path (above green arrow trend line) or the medium path (below green arrow). Thick red line is the decision line and I'm quite confident BTC will at least reach this level...
After a highly exceptional run bitcoin reached it's 3.618 target, with percussion. BTC saw it's value reach, in perfect fashion, the 3.618 advancement line. Also consider Bitcoin's Dominance found strong resistance at a perfectly measured Gann Fann Please see related idea: From here, I see two possible scenarios playing out for Bitcoin. Either, the bear...
After reaching $11,200 -- BTC needs to correct and alt coins need a chance to catch up. I think the next 1 to 3 weeks will be a rapid bloom time for the alt market but it could all be over by the middle of July! Let's review. Regarding BTC, $11,100 represented the 3.618 Fibonacci advancement line, when measured from the bottom to the tip of the first wave....
Bitcoin's market dominance appears to be at a the precipice of reversal, which would trigger the next wave of Altcoin season. BTC breaking out, above the triangle invalidates this idea. I think we will see an immediate drop in BTC dominance down to at least 59. Some alts will pump in this period while speculating traders take their bet. Upon reaching 59,...