I made it color coded so it's easy to understand as the chart is kind of busy. Are we still waiting for the final parabola that is the finale part (blow off top) of the 2nd cycle. Lets see if this theory holds true. If it does, another obvious thing is the the cycles are lengthening and the gains are diminishing. So in this analysis I am theorizing we are...
You buying fud or Bitcoin? You can't buy both. One of them is regrettable!! If we don't break below the magical red line drawn by the the magical unicorns, then we are bullish. Bitcoin telling me people don't seem to be buying the fud but they are buying the truth machine. Also if the care bears bow to the bulls and let them cross the river stochastic, we are...
Do you see this playing out? The price target is interesting.
My 3 scenarios for BTC long term (3-4 YEARS) 1) S & P crash 10-25% will trigger crypto winter as shown above (2-3,4 years to new ATH) 2) BTC retest 37K support and rerun 52k, 64k test than hit 250-300k (1-1.5 YEARS TO ATH) repeats 2013 run. 3) quantum computers and AI sh1t on crypto world/Trading or ETH /dot,ada,sol network will be new leader which drain BTC...
Gandalf once said The battle of Helm's Deep is over; the battle for Middle Earth is about to begin.
I won't explain what Elliot wave theory is here, but I will post a link for you to do the research on it if you are unaware here. www.investopedia.com In short cycles tend to repeat and Elliot waves is essentially how it's done. There are rules to how it works and what is required to be considered. (check above link for education on it) There is no doubt the the...
Lets take a look. Price goes up and indicator goes down you have a bearish divergence which means price should eventually follow. Price go down and indicator goes up we have a bullish divergence and the price should eventually follow. It's all on the same chart, break out expected soon... Which way? answers down below.
Interisting support and resistance zones. Time will tell
bottom target 25-30k... that means the end is near. Do not sell now and regret later. YOu should stay strong. those who are looking for trades there is shorting opportunity if you want to take it. Some alts got 10x opportunity if you buy them now :) overall market is just shaking weak hands.
I've never seen a bearish thread on BLX nor have I seen the long term chart with a solid EW count, so here's my offering. This certainly won't be the most popular count on TV, but I think there is a reasonable chance it will be correct to some degree and I'd like to have it on record while Bitcoin is still topping and almost everyone is still looking up to the...
It looks probable that Bitcoin has completed a Supercycle wave 1 top. If correct it leads to sub 10K, possibly as low as 1K and a VERY long bear market. No-one is calling this Elliott Wave count as far as I'm aware. See my linked BLX thread for details. I'm sure this will not be too popular but as some guy in The Big Short said - "Truth is like poetry, and most...
This is what I foresee in BTC/USD in terms of long-term market cycle trends between now, the next halving (currently projected to be on May 27, 2020), and the halving after that (currently projected to be between March 2024 and June 2024). The dotted lines mark past halving dates as well as the projected 2020 and 2024 halving dates. Bitcoin market cycles have...
Hello Traders, We once again have a Tiger Salamander crawling its way back onto our Charts! Very Rare, almost as rare as the species itself! All systems a go! BAT's hate Tiger Salamanders and it will fly as high away from it as possible, maybe to the moon... You can check out the last time we were visited by the Tiger Salamanders cousin the Salamander Dragon...
This is not a dip folks.. bitcoin dropped from 60k to 45k that's insane.. i am assuming tether exit is nearby or maybe it could be some profit taking.. god knows best! careful if u are in profit maybe consider 50% profit taking and rebuying at lower price.. Remeber those who are here longer makes the most gains.. if you get liquidated or lose them gains you...
Good day everyone, As you may see, a few bullish indicators for Trustswap: 1. Conversion line (blue) continues to be above the red base line; 2. Price above the green cloud; 3. 50 ema tested recently; 4. macd & rsi have room to go up. We could see the price eventually get around 13 in the upcoming period. However, prices of altcoins can get high impact from...
As crazy as it may sound I think we will see BTC over 1 million dollars before 2030. Geometry can speak the truth like numbers do. 1 image is worth a 1000 words.