joshwashington

joshwashington

this is my secondary price path that I think could play out. I see an inverse head and shoulders which would lead to a nice pump if it plays out, however, my overall bias is hitting 16k or at least back to 18k-17k, so im guessing we see a pump and then the final drop to solidify the bottom or we just consolidate until we drop.

joshwashington

this is what im seeing, not sure how long we will be around/under the green box but i just showed an uptrend afterwards to signify my analysis has ended.

joshwashington

short idea of what i’m seeing, the end is exaggerated just to show that a bottom will be in at 16k or just below to trick people

joshwashington

i do not have a clear target but this is a trading channel I have identified for VRA, i would suspect that we would find a bottom at around the same time as trias, right after bitcoin bottoms, i would guess we get to 0.003 but that is just speculation, the channel is mostly to just see if VRA is against resistance or not, showing short term forcasts.

joshwashington

this builds on my last post about the bitcoin trading channel, I would check that out as it is very helpful, but trias could easily act seperatly from bitcoin as btc.d raises as bitcoin drops, and as btc.d drops as bitcoin finds a bottom. the green is where I see a potentional bottom, it is where I am buying but could slightly as things move more.

joshwashington

this is a similar scenario to trias, which was provided in my previous post. I am not sure how long we will be in this channel but it does give us any idea when a breakout is expected and an idea of the grand scheme mid term for bitcoin. for trias i think we will ride higher in the channel until it crashes right after bitcoin finds its bottom. I dought this is...

joshwashington

this is my price prediction for trias. I think that we will see a bottom for trias at 0.7-0.8 after bitcoin hits its bottom. this is because btc.d is so high resulting in a slower bleed in altcoins, once bitcoin's rally starts then trias is allowed to follow.

joshwashington

these are potential paths i can see for the bottom of bitcoin. we have broken the trend line , which could reverse but most likely we are headed to find a bottom. my most probably scenario would be 22k, maybe only a wick but it would stop everyone wanting to long at 20k. the other scenarios could play out but i do not think it is very possible, for those...

joshwashington

this is just an update to my last chart, please read description of previous post

joshwashington

this chart is exploring one of the possibilities i had listed in my last chart. we are about to test 28000 again and i do not think it will hold, i see either, a slow bleed to 20000 area or capitulation after breaking 26500 either way i suspect a bottom will be in late june or early july and we will bounce back quite quickly, early 2023 maybe, trade sideways...

joshwashington

THIS IS AN ADDITION TO MY PREVIOUS POST, PLEASE VIEW THAT FOR AN EXPLANATION ON THIS. I see us wicking above the daily 21 horizontal ema then dumping which is represented by the purple line, currently most probable, please note this time frame is only about 2 days for this move to occur

joshwashington

these are the paths i can see bitcoin taking over the next week, all of these becoming a top before we get to 20-22k which will be the bottom. I see the top and bottom paths not being very likely, second top could be a scenario but I believe the 2nd from the bottom will be most likely. I see a slight pump if any then trading sideways for a few days to a week...

joshwashington

i see these two scenarios playing out, sideways trading for a couple days then a drop, or a relief bounce then a drop the later in june.

joshwashington

this is what im seeing for bitcoin right now. i did a trias analysis and wanted to see if this matched. I think this is needed sometime to be able to get to new ATH soon. let me know if there is any tips or consideration for me to make this analysis better.

joshwashington

this is the 2 scenarios I see happening with trias over the next week. please not this ultimatly depends on bitcoin but I see it doing something similar, bitcoin will just change the timing and will determine how extreme this will be, although I feel my analysis will be around that level. this is my first published attempt at my own analysis so mainly posting...

joshwashington

my very brief analysis of trias within the next little bit here. Im really new to trying analysis myself so if you want to correct me or give me any help then that would be a great help, im a martial artists, not a pro trader, yet, lol. please not this depends on which way bitcoin breaks out, I think we will move sideways for 7-10 days then bitcoin will make a...

joshwashington

I DO NOT KNOW ANY SORT OF ANALYSIS, I JUST DREW THIS TRIANGLE A COUPLE DAYS AGO AND IT HAPPANS TO BE FOLLOWING IT PERFECTLY. i have no idea how this will play out, the idea of capitulation is being thrown around with the fomc announcement tomorrow / in may so downside like this is possible, but saying that i think it will be quick and we will see new high after...

joshwashington

just based off percentages from last year from may on. just adding another perspective. short term bear, mid-long term bull.