JBHodler

JBHodler

A very clear structure and unless you are trading, there is no action here until we get the clear triggers These would be: - clear breakout + backtest (buy backtest) - capitulation to the target box The target box is lower than the CME gap but is based on having a wick and that all previous bottom breakouts have eventually been re-tested.

JBHodler

Bitcoins dominance can be used to help understand the market cycles and the mechanisms of money flow that happens within a cycle Last bear market Bitcoin made a reclamation move of 77% on Bitcoin dominance. This bear market the clear target is a 20% reclamation move of dominance. What does this mean? The ascendency of Bitcoin dominance is the indicator of a bear...

JBHodler

Seems almost to obvious but Bitcoin has had a brilliant record of going on a run, once it closes above the 7week moving average. Can it do this 5/5 times? I am ignoring the close in the 2020 top, as this indicator works best when coming from the bottom. Not only that, we have an inverse H&S playing out which can be seen better on the Daily timeframes or lower....

JBHodler

The VPVR range typically measures the volume of the most traded areas. The red line highlights the highest value area or "the floor" for the "value area". The value area is the bold colours, this demonstrates 70% of all traded volume. How does this indicator work? The red line is typically tested and considered "support" during bull market cycles... it is...

JBHodler

This chart represents the notable L1 smart chains which are all competing to be the "eth killer" and cement themselves in the top 10 cryptocurrencies. The date range should start from 21st July 2020 which represented the "market bottom" for Bitcoin and crypto. Each project did of course start in different places in rankings due to their market caps however... The...

JBHodler

Macro cup and handle on Trias here, considering the metaverse related projects look to be the next crypto bubble over the next 3-6 months, the infrastructure of Trias is set to potentially be adopted. Only rank 600ish on coinmarket cap, Trias looks set for consolidation and another upward impulse wave. Not financial advice, just what I see.

JBHodler

I've recently been looking into how Bitcoin tends to follow the moon cycles, which also tie in with 56-60day bitcoin cycles for local bottoms. You can see that BTC is playing ball with positive price momentum to todays full moon 6th October. I've drawn on the full moon today, the next new moon on 20th October and full moon 4th November. After the next couple of...