CryptoHawker

CryptoHawker

Trial and error, many moons of moving my mouse around

CryptoHawker

It is by no means in everyone's mind that we are at least close to approaching the bottom for Bitcoin almost certainly in the next few weeks, and anyone that's been around a awhile knows how messy and unpredictable price action can be and how frustrating it is to try and successfully trade a true reversal. So I asked myself if I were Bitcoin, what would I do? I'm...

CryptoHawker

After goofing around with the $DXY graph for a few hours I noticed a resemblance in the way the chart was playing out and it struck me. It's following the same pattern that Bitcoin did. As many of you know, the price of Bitcoin has an inverse relation to $DXY And to my eyes it looks as though $DXY is right on the cusp of that first initial crazy crazy pump No...

CryptoHawker

I used various techniques including gann fan, fib circles, algorithms, and trends to try and guess very specifically what the future price action is going to be. I am posting it here to document how close I end up getting to the actual outcome.

CryptoHawker

I've been tracking the patterns and algorithms and it's been following it pretty religiously for a while, but I know that it sometimes just inverts itself to throw people off. I think that might be the case right now and if so, this is an estimate of what we can expect moving forward.

CryptoHawker

First a pump up to around 28k which will find my gann fan resistance, then down to my next fib circle channel bottom which is 12k Use of previous parts of the algorithm at this spot is my yellow future price indicator

CryptoHawker

Based on some new information and revelations, using a Gann fan, Fibonacci circles, and ghost patterns from 2018, I've drawn up my prediction. Not really bullish or bearish, just kind of blah.

CryptoHawker

Using Fibonacci circles and analysis of the 2018 market cycle, i've determined we have one more leg down before we go up

CryptoHawker

A single Gann fan tells you what you need to do. How often is it this simple?

CryptoHawker

What I'm seeing play out here is a descending wedge formation ultimately heading to sub $8,000 but in the meantime some great long and short opportunities

CryptoHawker Updated 

Guys I noticed something last second and now I'm almost positive that I was wrong. The yellow line here is the midway point for the new fib circle, the large one that we're hopping into. Those are almost if not always used as support or resistance lines for the price inside of fib circles. The placement of it is so perfectly aligned with where I could see Bitcoin...

CryptoHawker Updated 

see chart, I have combined two gann circle indicator which show an intersection and a handoff point for the price of bitcoin to follow.

CryptoHawker

I could explain it in great detail but I'd rather just watch it become reality.

CryptoHawker

Educated guess based on gann fans and fib circles and experience. I'm convinced, are you? (oh, lowest point on or around July 17th with a HUGE capitulation drop coming on July 4th)

CryptoHawker

Made one last tweak before I step away from it indicating where I am going to short. Good luck all.

CryptoHawker

This analysis is based on previous trends prior to extreme crashes