Gunslinger2005

Gunslinger2005

Take these with a grain of salt. H5 is projected target of breaking H4 with camarilla pivot points on all time frames. We can see the yearly breakout target is around 115k. The chart proposses 3 paths. The yellow one suggests there is a new low and retest of H3. The green suggests we remain about H4 and continue onwards through the year. meaning we have a shorter...

Gunslinger2005

Reasonable levels and possible reactions from them. Might see sideways on yellow path. Faster bullish on green. More correction on red. Personally I think a test of L3/purple pivot point and bounce upwards is reasonable.

Gunslinger2005

potential short term reversal area. look to see H4 broken for more upside

Gunslinger2005

Presented in log scale. Backtesting bitcoin on the previous 9 years can see that 8 out of 9 instances of the yearly central pivot point being test after the year has closed and a new yearly central pivot is in place. The one time in 2021 where price did not fully strike the central pivot still tested upper cpr channel and was a magnet to pull price back towards. ...

Gunslinger2005

Potential for a move to the H# yeaarly which is the projected range high based on previous years price action. After that I would look for a healthy correction and a test of the yearly purple central pivot and L3. I do not think a purple central yearly pivot has even gone untested once in bitcoins history. From those areas I would be interested in buying again....

Gunslinger2005

These levels can help provide a frame of reference and points where btc might range, break to new highs, or pullback deeper towards. current resistance will be H3. if H4 is broken look for possible extension to H5. Same with L4 to the downside. ranging between H3 and L3 also possible

Gunslinger2005

How will price end up near end of the year do you think? here are some levels that can help confirm directional short term rise or downside continuation

Gunslinger2005

ranging between H3 and L3. breakout potential beyond H4 and L4. weekly camarilla pivot points

Gunslinger2005

Expect ranging between H3 and L3. and once H4 or L4 is broken expect heavy upside or downside. Range break this month is fairly likely due to the time spent in consolidation.

Gunslinger2005

L3 to maybe provide support for continuation. Look for downside under L4.

Gunslinger2005

Honestly It looks more likey this L4 break with targets of L5 and maybe L6 is legit. However if Bitcoin manages to be a hero and reclaim the L3 to H3 we could possibly see it break to the upside.

Gunslinger2005

I could reasonably see a pullback to that daily L3 area or weekly H4. However I think the upwards trend is in tact above that area on a daily closing basis. Also if we take out the previous local high and H4 I could see it taking us higher. this are daily and weekly camarilla pivots

Gunslinger2005

I see some potential for bullish continuation from the levels on the chart. invalidated with a loss of L4.

Gunslinger2005

some short term overview of where and from where we may see btc move within its current structure

Gunslinger2005

potential price action on chart. ranging yellow line more likely imo.

Gunslinger2005

daily and weekly camarilla pivot points. some possibilities in the near term for where we might pop to and correct from or correct to.

Gunslinger2005

daily and weekly camarilla pivots. points of interest where btc COULD correct to in near to mid term... unless it breaks away now

Gunslinger2005

Something interesting to see. compare this month camarilla monthly pivots to last months. also look at the oscillation and divergences. Last month price opened in the middle, went to L3 with bear divergence and then went to H3. So far this month it is doing the exact same thing. What does it mean? it means I would not worry until that L4 is taken out for more...