GeeWillikers

GeeWillikers

A nice trend following set up in SignalFi's 'CogniFi' and other goodies.

GeeWillikers Updated 

I love drawing these, often line up so well. Draw a good channel and clone it across lining up 25/50%'s of price area. Works almost everywhere.

GeeWillikers Updated 

Just a comparison to keep check of whats going on here. Personally am looking for a drop after a potential 'B' up but can't deny the similarities so need to keep an eye on it.

GeeWillikers

Most unsure about the 5th wave and wondering if there might be a bigger correction somewhere in there about 4200 or so.

GeeWillikers Updated 

Just pointing out the similarities. I'd rather see a wedge break out though...

GeeWillikers Updated 

Looks extremely similar to the last triangle fake out.

GeeWillikers Updated 

Looks to me like a big triangle, I think I've mentioned before. I'm leaning bullish, looks like a small descending wedge which could kick start us on the way to test the top. Once there would need to reassess to see if there's a chance it being broken for a nice bullish move which might bring back some volume to the market. If it breaks down I'd expect us to test...

GeeWillikers

So this looks like an organised mess - because quite frankly that's what it is :see_no_evil:. But I've tried to overlay various pivot points/ channels onto the chart to get an idea of levels to watch. 'Potentially' - we've formed a big triangle (see how the pivots/ channels align in the middle), and though its far too early to say - could give us another move for...

GeeWillikers

Simple chart - btc shorts (red) vs longs (blue).

GeeWillikers Updated 

Assumes if we hold 3800 ish then we can try to break 3900 and up! Failure to hold 3800 means a move to the low 37xx. If we start to hang around the bottom of the triangle and hug the lower trendline I'd be expecting a break down.

GeeWillikers Updated 

I've drawn 3 ideas - one where we can get above 3830 ish again, and come back down to gain more energy for the push up, one where we're strong enough to push up to the top from here and show 3830 as support before pushing up, and one where we're weak and can't push above say 3780/3800 and come back down and break the big triangle. Or course these are all bullish...

GeeWillikers

I've been using these channels with fibb levels for a while now and they've been working quite well so I thought I'd share them. Take a look! Looking for more upside assuming we can get through 4k and on to the big 4.4k level which should see us move higher.

GeeWillikers Updated 

Top line might need to be lower (I think it would give too low a target) and the bottom higher but I like how the centre line lines up. I'll see if I can adjust it to line up better with areas of confluence, fibbs etc. and post below. At the moment it probably gives too low a target but its worth considering. Next most obvious target is the 200 weekly MA at 3160,...

GeeWillikers

The top line might need to be lower (I think it would give too low a target) and the bottom higher but I like how the centre line lines up to the current price stall. I'll try some different options of how it might line up best with a reasonable target and post them. If I can find confluence with fibbs even better. In my opinion we are looking to go lower. The 3k...

GeeWillikers

Haven't got time to add too much to this (work - ugh!) but looking for 3700 to 3800 to be supportive in the short term. We can see a few things lining up here which show this should be the case - I like trend lines ;). Of course BTC can still crap all over this but it seems logical to me. I've got a bearish bias because of general sentiment and where we are at the...

GeeWillikers Updated 

So we've broken the triangle down. There's an option to hold here around the 4k mark but my preference is for a drop to around the 3900 level with the big channel showing support though the H&S target is a a bit lower into the 3800s. This also lines up very nicely with the .618 fibb level from this move up from the 3500s.

GeeWillikers Updated 

Bitcoin is sitting in a couple of down ward channels depending on which way you like to line it up. Currently finishing up a triangle which probably has the largest chance of breaking to the downside. Depending on when and how fast it breaks down, and assuming it continues to the bottom of the smaller channel it gives a target of around 3150-3180 'ish'. This is...

GeeWillikers Updated 

Little look at BCHEUR on the daily. Has stalled at the 100 MA. FOMO is a powerful thing but I'm gonna wait and see if we get a retrace to the 618 or 786 fib from this breakout move before considering a long trade. Around 500ish in USD. Hard fork should hopefully drive it until the 15th providing BTC doesn't shit the bed. Targeting 550, 670 depending on how BTC...