oh92

oh92 Updated 

The chart above shows a nearly perfect Bearish Butterfly that has been playing out. I say nearly because the only place where it has fallen short is the D leg. Which based on the rules of the butterfly, should have completed itself right at 10k (based on BitMex charts). However, IF the local top IS in, based on fractals of recent harmonics (see previous...

oh92

Overnight, BTC had an amazing bounce off the trendline which formed from the recent 6.4k bottom. However the bounce at 8.8 was 4/5 steps for a Bearish Gartley pattern. The 5th step is a hit on the 1.272 fib level approximately at 9500. If we fail to break past $9500, and then break that upwards trendline, I would expect a C wave to be added to this recent Bitcoin...

oh92 Updated 

The last week has been a wild ride! BTC, ETH, and nearly every other crypto have seen massive upswings since the last touch at $6400. However we all know the saying, what goes up must come down. I am just hoping these next moves down are small pullbacks and not a continuation of the bearish trend. We currently have multiple bullish factors on our side. We have...

oh92 Updated 

Before you read any further I want to state the current market state is extremely BEARISH . There is absolutely no sign of reversal yet, so buying on the support levels I have shown is extremely dangerous. Please do your own due diligence and wait for clear signs of reversal. This analysis is entirely based on fractals, fibonacci retracements, and price ratios....

oh92 Updated 

Once again Bitcoin is starting to squeeze so another major deciding point is coming up! We recently had a small bounce right out of the fractal support zone and support trendline. Unfortuently, before even having the chance to test the top of the wedge we were knocked back down to test the same support levels again. Generally it is not a good sign to test a...

oh92

Before you read any further I want to state the current market state is extremely BEARISH. There is absolutely no sign of reversal yet, so buying on the support levels I have shown is extremely dangerous. I have lost nearly my entire account attempting to catch the bottom on this tumble down. So please do your own due diligence and wait for clear signs of ...

oh92 Updated 

After another downward spike, BTC is once again resting on the major daily support trendline. Which this happens to be the .618 support of the current swing as well. It is very possible that BTC could see some upward movement from the $8000 suppoer. However, doing so would risk the possibility of an ABCD formation . Moving up from $8000, and failing to break...

oh92 Updated 

Earlier this week, BTC had a fantastic bounce off the 2D long term trendline that I have shown on the chart above and more clearly on the one below. We are now facing minor resistance at the .382 fib extension, with the major downward trendline not much higher above. Failing to break through this first level of resistance would likely be a continuation signal,...

oh92

please note: this is not a complete trading idea. This analysis is entirely based off historical data. Many of us know that Bitcoin has seen several major correction throughout its lifespan. The last major correction took place back in late 2013, which resulted in a 90% correction from the top. The chart above shows the percentages and ratios I collected from...

oh92 Updated 

As you can see, since mid January we have had multiple harmonic patterns play out with extreme accuracy. Starting with the Bearish Gartley that sent us from 12k all the way down to our low of 6k. This of which completed a beautiful Bullish Butterfly that has sent us soaring to where we are now. After an 80% increase from the bottom, we now have multiple...

oh92 Updated 

Since the beginning of the year BTC has seen a massive breakdown. Dropping nearly 70% since it's all time high in December. The chart above shows throughout the breakdown, we have been given multiple breakout signals, all resulting in lower lows. Once again, BTC has broken a major downward trend line. However, this time we gave been given multiple bullish...

oh92 Updated 

A replicated model of " Economic Bubbles " by Jean-Paul Rodrigue which I overlaid onto the BTCUSD -13.83% chart. Terrifying resemblance considering this this model was created in 2008. What stage do you believe we are in? I do not believe this is the end of crypto. However, I do advise everyone to keep an open mind, and to trade carefully. I wish you...

oh92 Updated 

As you all know, there is a lot of uncertainty running through the crypto market at this time. Many worry that Bitcoins parabolic trend is broken and an even more serious correction could be on its way. However, Based on Trendline Analysis the chart above shows a very different possibility. We recently just bounce off two historical trendlines, one at the low...

oh92 Updated 

ERC20 Tokens have been booming! However what good are these tokens without the network on which they were built? Based on current TA, and the mass accumulation of these tokens running on the Ethereum network. I believe a well deserved ETH rally could be within the near future. Possibly sending us up over that 1k milestone. My Analysis: After a recent rally,...

oh92 Updated 

After many months of consolidation, XRP has finally made a breakthrough. The question is, how far can this go? The chart above shows the two previous breakouts. First one hitting approximately 937% of its initial value. The second then hitting 1035% of its value from breakout. So IF history repeats itself, I would expect the same return in this scenario. ...

oh92 Updated 

Sept 13th - Jamie Dimon makes a public statement that Bitcoin is a fraud. Price immediately plummeted 30% into the low $3000 range. Oct. 31st - CME Futures Annoucement Price rocketed ~220%; sending us to our current all time high just shy of $20k Nov. 17th - CME Futures Launch Immediate collapse of ~43% at the time this article is being written. This was...

oh92 Updated 

XRP is already up over 100% since breakout and has formed a beautiful bullish pennant . The bottom of the pennant has been my accumulation zone, as this provides a very tight stop loss. I am in hopes that XRP breaks the top of the pennant here shortly. Instead of using a break in the accululation zone as my stop loss, I plan to use a break through .72. This is...

oh92 Updated 

Once again have a near to perfect setup for an ABCD pattern! Therefore, IF 12,900 is truly the bottom of this leg, we should see a leg up to 15,000-15,500 none the less. IF BTC fails to break past 15,500 there is a very good chance BTC could turn into a 3 drive pattern. This could take us down into the 12,000 range before finding possible support. One...