This chart illustrates how the previous bear market (2014/ 2015) on Bitcoin evolved. The event horizon between the 1166.89 Top and the 155.69 Bottom was 59 bars (413 days) during which BTC lost 86.35% of its value. If we apply the same parameters on the current bear market, we get a projected bottom on a 1W candle around 28 January 2019 at 2,686 and an upside...
The Bulls of Bitcoin have continued to stall out with small deadcat bounces from my last Published Idea in May. I anticipate more lower highs and lower lows that have squeezed us down into this 7 month decline from the ATH. Expect to see the price to ride the ATH down trend resistance/support lines into a very large symmetrical triangle that started at the...
Buying At 6k or 5700 If 6k Breaks
Hi guys, my bot has nailed this short from 7800USD to 7600USD doesn't seem as much as before but in % terms it's really quite something especially with leverage. I've also made 3 new indicators! Which helped me nail the short!
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD A simple Andrew pitchfork idea 1.Last time we broke out of the Downward pennant with bullish reverse divergence and price magnet theory of the pitchforks 2.This time there is no divergence and the price magnet theory is also expected to play out, to reach the median line of the pitchfork which is alsoi the monthly...