HenryVanEpps

HenryVanEpps

If we ignore the covid19 drop in march one could draw this trendline leading to the real value of bitcoin at 24k which may act as a magnet pulling it up. Interestingly, the macd is over 500 and when compared to 2017 if it gets over 1k then its most likely the top.

HenryVanEpps Updated 

Compared to the 2016 pump attached below, there will now be a 20% pullback. Then a big pump to 20k. Then a pullback. Then Pump to 60k.

HenryVanEpps

Scroll on the chart to the left and zoom in to see what i compare to 20k and 13k triangles and show the resulting outcome. This view from the left side fractal also shows a target of 40k and much higher if you keep using the date and price tool to extrapolate the graph.

HenryVanEpps

It is clear this is a mini 2017 fractal and according to the last breakout i've mapped the trajectory uaing the price and date tool. First to 22k then a small correction to 18k going into may 2020 halving and then another huge pump to 40k. Not financial advice.

HenryVanEpps

Not financial advice.

HenryVanEpps

Here you can see the different support levels of the moving averages. The green 200 sma would be worst case scenario but things are looking bullish as the 55ema is holding with the sma100.

HenryVanEpps

As you can see a candle close below the 200ma is normal in a bull market. a rebound to the upside is most likely here as the fud from the hash difficulty was misinformation because of slow blocks and estimate errors. New ATH are still in sight. However if this level breaks down a bear market could be in effect.

HenryVanEpps

Bitcoin has bounced off of the trendline from january and is about to breakout of this trangle for a 30% gain as it hugs the trend line as support it will retest the resistance at 10800 and pop out to over 13k.

HenryVanEpps

Should this trend hold and we break 8100 we can continue up above 9k. However if the trend breaks we could see a dump to 6k. Still long untill invalid.

HenryVanEpps

Should we bounce here at 8500 we could see a move up 10% otherwise we could retest the lows of the channel.

HenryVanEpps

According to the historical fractal down when we broke out of 5800, we will see a range from 7500 to 7800 as we exit the Blue box, if price jumps here instead of ranging then we enter the Green box when we cross 7800 and go up to 8700. From there if it doesnt break 8700 it could test the bottom of the Green box at 8300. From there it enters the Pink box where it...

HenryVanEpps

Still going to 9k lol nice try whales

HenryVanEpps

still in parabola channel as recent bounce at support proved thus 1 more leg up from here

HenryVanEpps

Compared to the 2015 chart in the comments it seems we will fully retrace a 30% pump and then continue the bull run above 20k

HenryVanEpps

what bitcoin did in 2015, look at my next chart to compare to now.

HenryVanEpps

There is always mind games and shakeouts before big moves and so this is the game plan for breaching 7,000 as the channel acts as support we should break higher after testing 6400.

HenryVanEpps

Looks like a clear S/R flip and parabola with nice macD technicals, we are going to 7400.

HenryVanEpps

Price is being lead by bitfinex if we can break 6300 we will see a candle over 6k on bitmex