The current trend looks eerily similar to what occurred in April.
we are obviously up against 26EMA resistance, this chart clearly shows where we are in the Bitcoin cycle. be prepared for it to play out exactly as it has in the past. this should be a roadmap of what can be expected should Bitcoin act exactly as it has in the past, and i get more and more confident this scenario plays to a T as the days go on, i say slow grind...
A comparison of corrections for Gold and Btc, Gold as a less volatile and slower market takes around 8-12 times longer for the duration of submoves and also the bigger move. Similar steps are made, for example a few lows at a certain support before the 4th one breaks it and 2 more follow (for Gold). So far Btc follows a similar trend in terms of duration (if you...
Humans are very adept at overcomplicating, over-complication more often than not leads to failure. The single most valuable tool we have is the past itself. History gives us accurate fact based information and has an uncanny knack of repeating itself.
You can see that Gold is going under a big squeeze now on 4 hour chart. Compare this to previous squeeze and you see that they look like each other. You can see from chart what happened to gold with the squeeze before. History often repeats itself (except when it doesn't) Now look at yellow down wedge. This often means that a move to upside is coming. If price...
Can history repeat itself ? As we can see in the past we had similiar situation, big green candle then some correction and then the rally started! Today's candle was mainly because of the Korean Won Marketplace, and for deposit of 3000 CKB you get 1000 CKB airdrop for free! So that is reason for today's massive increase. CKB is still undervalued in my opinion! 1 CKB = 1$
On the Timing arrays it is seeming to look that the DJI is about to make one of the biggest move to the upside this year in History. It has been long over due. I believe that the Dow is going to soon rally to 50,000.00. I do believe this target will be met this year. There are many reasons for this to be possible, this estimate is based on human behavior, capital...
Answer: Top one is 2020, Bottom is 2000. I don't blame you if you guessed incorrectly. TVC:IXIC TVC:NDX CURRENCYCOM:US100 NASDAQ:QQQ NASDAQ:TSLA NASDAQ:AMZN NASDAQ:AAPL NASDAQ:FB NASDAQ:NFLX
Ok there's a lot going on here, but $LINK has been following this pitchfork channel pretty well for almost its entire existence, so we have some precedent to work with. - 4 separate times it has touched and or broken below the lower blue 1.0 deviation on the pitchfork. After each of these times it's pumped pretty hard. - Chainlink has also climbed steadily in a...
Hey guys this is my second post, just wanted to share some ideas about the previous market cycle on the HTFs and how it feels quite similar to the one we are in. As can be seen the first red horizontal line shows the market being disrespected by the 21 Week EMA (candles can be seen closing above 21 but there isn't enough strength to flip the sentiment). That...
Please have a look at this chart. Scroll all the way back to 1999. At present day we are very far above the 50d moving average. It's frightening how high we are. Bearish divergence from Jan 2020 to present day. Bearish divergence in 2018, leading to a 20% retracement. Bearish divergence in 2007, leading to the global financial crisis. Bearish divergence in...
Guys just take a look , is history repeating as happened on 17th Feb... lets hold and see
It is a possibility. if history repeats BTCUSD will hit 72K
Eve of the one year anniversary of the delayed market reaction to the pandemic. Mid-term bullish (stimulus). For the short term, it has that look. BTD? I won't be early. watching for exit volume and siren song of the SPY daily puts tomorrow.
- I like to use history to predict future wave patterns. - I fully understand that it is very unlikely that history always repeats. - This chart took me five minutes to make. - The point is to point out that we are still early in this bull run. - I expect not the same wave patterns to play out. There is good probability it could look something like this. - This...
It took 2436 days for the 2017 highs in October to find a bottom and then reach a new high. If history is to repeat itself, we are on a cusp of another breakdown here. In support of this idea: -The price has reached the resistance/prev support levels - Has reached and began to pull away from the 'Top Trend' (as show in the snapshot provided) - Weekly Stoch...
Coincidence? I don't think so.