There will be a high of 48,000. A possible test of the local low at 16,000. Volatility will significantly drop for 100 days before August 8th. Bitcoin will go on a new bullrun after that period. Please Check the 11/27/2023 Livestream in my profile for in depth details. Bye!
Entry: 168-173 Stop loss: 166 Take Profit: 189, 199+ Expected Call Duration: 2 Weeks Call strength: Med Call risk: Med
Entry: 752-763 Stop loss: 744 Take Profit: 818+ Expected Call Duration: 2 Weeks Call strength: Med Call risk: Med Ideally, enter trade off of the 200 period 1.25 stdev, and stop out if price goes below that pivot.
Here on the daily chart, we have a rather rare signal. A daily WAVE PM cross, with the CCI pointing bearish. Here is the previous instance, November 2018, where this signal fired. This resulted in a 50% drawdown. We'll know pretty quickly if this scenario is playing out, where if price can recover above the 1900s in the next few days price should hold as...
Entry: 2784-2839 Stop loss: 2744 Take Profit: 2057+ Expected Call Duration: 2 Weeks Call strength: Med Call risk: High
Sufficient compression across all timeframes to allow for an upward move with minimal resistance. Confirmation on lower timeframes as a new expansion pushing past previous compressed periods with a resulting pivot point of 1h 300 period 1.25 standard deviation. Provided price stays above said pivot, trend should sustain indefinitely. The moment that pivot breaks,...
Right now is the local low. We will bounce no higher than 11500. If we do, then we will go sideways for at least 3 days. After rejecting from the defined local high, price will dip to no lower than 10,800. If we do, Bitcoin will enter longer term downtrend. After bouncing from 10800 or higher, price will be safe and see continued upward continuation. This is...
This article was written by the phenomenally talented acatwithcharts and edited by me. I didn’t think this was 1929 until this past few weeks, but now it looks like that’s what this has become. The problem is that if that’s true, we might not even be done running the bubble up. Something’s got to give but I’ve also been saying that for 5-10% now, which, is...
SPX has been ranging at the D 200 SMA today and depending on which way it breaks, I'd expect moves to start in a lot of other asset classes too NDX has been selling off all day, by contrast, and because so much market cap has gotten concentrated in the top 5 stocks, they account for ~45% of NDX and ~20% of SPX. So there's a lot of inherent correlation just from...
Entry: 25-30 Stop loss: 23 Take Profit: 41, 72+ Expected Call Duration: Several Months Call strength: I mean, it's very cyclical. If you're patient enough you can 4x your position. Call risk: High Doge livens up near the halvening, keep a close eye, she could run in a few months here.
Today I go over trend pivots for multiple coins, as well as go over some advanced elements of volatility theory!
It's a video, worth watching. woo.
Woo, that's a trend. Stay in the trend, friend.
Today I go over the major signals indicating bitcoin's new bull run