noble1ones

noble1ones Updated 

Regressive Wave 1 in Regressive Wave C was cut short. I say this because typically a thrust out of a Rising wedge doesn't stop until reaching the starting point marked at the "Bearish Rising Wedge Potential Minimal Target", point on the chart. That said, from my perspective it appears Bitcoin's price structure is in what I deem to be a Flat pattern and currently...

noble1ones Updated 

Told You to be Vigilant! Last Nail In the Coffin( Bearish Rising Wedge ) appears to be in as it breaks out to the downside with a sharp thrust ! In my humble opinion. All the best!

noble1ones

Going back to the prior Bullish Exotic Dragon Pattern idea, it appears that there may be another leg left before reaching a top(maximum Exotic Dragon Pattern Target). This would suggest a retest of the prior high completing proregressive wave C in regressive wave 2 before resuming into regressive wave 3 within regressive wave C. Therefore Bitcoin's price is near...

noble1ones Updated 

Intraday adjusted(pattern has been extended at both left & right end), price broke out of the Diamond Top Pattern as anticipated. Price could potentially pullback and test prior support, and then resume downwards to the minimal corrective point established by the first red dotted horizonal line. The second and lower red horizonal line is the preceding rising...

noble1ones

The Dragon tail is still in play and hasn't reached its potential maximum target point. The pattern has acted as a reversal as it typically does rather than simply a throwback in the prior bearish patterns, hence the "Be Vigilant" warning in the prior idea. Therefore the Bullish Exotic Dragon Pattern invalidated the prior bearish patterns being the Diamond Top...

noble1ones

I was was waiting for a strong breakout of the potential Bullish intraday Exotic Dragon Pattern. Price could potentially test the DT previous support line as I have alluded to in the previous update, then resume downwards. Be Vigilant, in my humble opinion. All the best!

noble1ones

It's still a little early due to being the beginning of the new week, however, at the time of this idea this current weekly candlestick is confirming the prior week's potential spinning top exhaustion reversal signal so far. Let's see how the week will end and close. All the best!

noble1ones Updated 

Technically Bitcoin can potentially be in a suckers corrective expanded wave B rally within an expanded flat pattern. Technically Bitcoin can potentially correct in a sharp downward thrust in wave C down to $17,500ish, and still remain above the previous Bear Market downtrend line while still technically being in a New Bull Market! In my humble opinion!

noble1ones

There appears to be a potential Bearish Diamond Top pattern in formation on the daily time frame chart within a potential small/tight Rounding Top Pattern as well. I marked a potential minimal DT target zone similar to the one preceding it in February. All the best!

noble1ones

Typical retest after breakout: If you extend the bottom trendline of the wedge(support) to the right as I did, you'll notice that price snapped back to retest that line and it has become resistance. The retest would be considered to be a corrective wave 2 in Wave C within and expanded Flat pattern from my perspective. Wave C in wave 2 may have thrown people off...

noble1ones

Bitcoin BEARISH Rising Wedge In The Making on negative/bearish divergence! Heed the warning! Be vigilant , in my humble opinion! All the best!

noble1ones

Come on Mr.Composite Man, let 'er rip! All the best!

noble1ones

This potential massive expanding Flat corrective count would be more fitting due to having a better look in regards to time & size. It would also throw just about everyone(Bulls & Bears) off due to violating some major technical points on both sides of the coin, no pun intended, lol! All the best!

noble1ones

Maybe , maybe not! Bitcoin's Run Doesn't Appear To Be Normal in my humble opinion. All the best!

noble1ones Updated 

Awaiting for it to snap. Potential target point has been marked on the chart! Then to the MOON! In my humble opinion....... All the best!

noble1ones

Bitcoin is currently in a Bump And Run Reversal Top(BARR-T) pattern after recently completing a Bullish Bump And Run Reversal Bottom(BARR-B) pattern. This pattern was discovered by Thomas Bulkowski(credit should be given where its due) and is quite complex if you were to read the chapter on it in his book. He' all over the place on it in regards to targets and...

noble1ones Updated 

I believe that Bitcoin began a new Bull Market Primary Trend on November 21 2022 and broke through the prior Downtrend line on January 30 2023. From its mid February high I believe Bitcoin commenced a secondary trend correction. Within that secondary trend correction there are Minor & Micro moves. Attempting to call those Minor & Macro moves can be daunting and...

noble1ones Updated 

In the prior posted idea concerning this pattern I stated on February 22: "OMG ! Yes Indeed this is a HUGE one. It appears to work with my prior bearish potential idea. Same approximate potential price retracement zone. Everything has been marked on the chart in regards to this pattern. 2B Top(a little extra spice) dotted line potential short entry point on the...