What is your idea about the curved trend line?
This is a picture perfect 2017 scenario that we've been long overdue for. On the way up to the blow-off top in 2017, we touched the bullmarket support band 2 times. We have yet to touch it. The OBV or on balance volume is coiling up similarly, the RSI has been diverging similarly, and the recent price action has been dropping similarly. If there is a time to...
I am noticing a similar pattern with Solana and Ethereum. I was looking at the Ethereum bull run of 2017 and comparing it with the current Solana bull run for this year 2021 and how eerily similar they are with each other. If you notice we could break out of this Beam band on a 106% increase to $133 and then a -66% correction down to $48 testing the 50-day moving...
See the chart to see what I mean. Not financial advice. Speculative!!!
I was interested in looking at the number of days between each BTC price multiple during the 2017 bull run, using the approximate 2013 ATH of $1175 as the base price for the multiples. I've made a much prettier chart in Excel, which I would also like to share if people like the idea. Be gentle, this is my first post here ;)
Indicator: Trading is easy Timeframe: Going back in time Target: Up only
In 2017 BTC went parabolic in a short amount of time. Here is where and when we would be if BTC were to do the exact same thing this time around... Just for fun. One might say this is impossible (people said the same in 2017), and although that's probably true this time around, one thing to note is never underestimate the magnitude of what can happen when the...
Hi all, M2S here with a view into 2 possible BTC fractals I am seeing. This particular charts show the completion of the cup and handle below the white line for both 2017 and 2020 bull runs. I do not see this as the correct fractional at the moment and will link to the 2013 fractional comparison in the comments below. That being the case, notice that BTC...
My thorough TA is indicating that we will soon reverse time and probably return to the point of the grand BTC decline in 2017, at which point we will start travelling forward in time again, so make some notes on which stocks you want to bet on when we get back to the starting point, we are all going to be rich!
Do you think these are similar on the 2hr? Trying to predict blast-off, haha. Good luck!
A project I made few months ago, as we are going by blue parabolic line so i decided to upload this idea, maybe someone will learn something or see something that I or others don't
Part 5: If Bitcoin Repeats History? I remind you of July 2017 descending triangle that completely overshot the measured target by around 12%. This is for all the traders who claim descending triangles never break to the downside in bull markets at the top of the trend. Bare in mind this was at the top of a full-blown bull market, after reaching a new ATH and...
as you can see in the previous bull market from 2015 to 2017 price never correct below MA30 and MA50 weekly. and now as you can see price breakup MA30,MA50 in weekly chart.
While past performance is not an good indicator of future, BTC is plotting similar behaviour from 2017. In addition to going short or long within the accumulation channel, it might be also profitable to buy ALTS at the top of the channel and sell at the bottom.