1ShinigamiRyuk

1ShinigamiRyuk

A huge falling wedge and a price pattern from 2018-2019. Are we going to have a happy ending year? I believe the worst has already happened, but we may test the lows once more and then continue sideways till end of September 2022. A plenty of time for those who want to do Dollar Cost Averaging (DCA) in BTC & Altcoins.

1ShinigamiRyuk Updated 

Bitcoin daily RSI have had a bearish divergence for the 3rd time this year while showing a new ATH in price. Going down for one more day and then bounce back to new all time high is highly possible. Lets gooo

1ShinigamiRyuk

There is a chance that we enter a mini bear market for the next 3 months just like May-July 2021 and print an ugly/boring pattern. Hope not, but there is a possibility.

1ShinigamiRyuk Updated 

Bitcoin is ready to bounce from 111 Daily SMA! Why 111 Daily SMA is important? Its one element of the PI cycle top indicator! in September crash it held support very well, and went for the new ATH! Check the RSI level too! its almost as same level as previous crashes before bounce! so get ready!

1ShinigamiRyuk

This Falling Wedge Pattern looks very similar to gold in 2019. Bitcoin 70K is very close. lets gooo

1ShinigamiRyuk Updated 

BTC Daily RSI is on support level, Signaling next major upward move and new All Time High in the next few days. Let`s goooo. Check my price target $140K by Mid November:

1ShinigamiRyuk

We closed the weekly candle above 54280 and that gave us the buy signal from weekly super trend indicator which has never been wrong historically! Combining that with Bitcoin Log Growth Curve & Fundamentals such as Taproot update date makes hitting $140K in mid November as a very possible cycle peak with same parabolic move style back in 2013/2014 double...

1ShinigamiRyuk

BTC Bears last stand is when price is back at the scene of crime! (the trend line from H&S which played out back in May). This weekly close can trigger a big volatility on BTC price from 11th Oct onward, be ready!

1ShinigamiRyuk Updated 

The next 48 hours is critical for bitcoin to decide on cycle direction. Option1: break from the triangle and RSI trend line and show HH => Very high chance we go to the moon in Nov/Dec 2021. Option2: Get rejected from the trendline and downtrend to 200 week MA starts, which actually its a very good accumulation opportunity and getting rich in 2024!

1ShinigamiRyuk Updated 

As update to my previous published idea, the RSI support trendline from May 2021 is now broken!

1ShinigamiRyuk

BITCOIN Price How many gigantic triangle you see? :)

1ShinigamiRyuk Updated 

BITCOIN RSI Trendline from May 2021 Bounce or Breakdown? This is the question!

1ShinigamiRyuk

After each cycle top, Bitcoin tends to go down till weekly 50MA , bounce around 50-70%, then retest the weekly 50MA and breakdown to weekly 100MA (Currently at 23K and increasing) and weekly 200MA (Currently at 15K and increasing)! Interestingly, Weekly RSI is almost at the same level too! Will history repeats itself this time?

1ShinigamiRyuk

Possible BTC Wyckoff distribution + head & shoulder patterns in making. Lets see if this plays out and age well or not :) Not financial advice, just speculating.