MichaelB.Hensley

MichaelB.Hensley

While setting my low buy position using a Bollinger Band method inside of the current price channel, I tossed up a fib retracement as well as a cyclic cycle tool... Given the accuracy of the fib test levels, and cycles matching up.. It looking like we are going to test the current fib and trend support and very early on in a negative cycle... With a very weak...

MichaelB.Hensley

The relative strength index is showing a further weakening of BTC, as it approaches its previous high. If it fails to break and close a candle above this price point we may see the formation of a double top. A double top signal during a huge breakout, has historically been the turning point for the BTC chart. While there is both a daily candle trend line, as...

MichaelB.Hensley

Usually, when we see bitcoin moonshot and then go in to a hard pullback like this - it has usually come to the peak of its cycle. Is that what we are going to see again?

MichaelB.Hensley

The EOS saga, here we go again. Follow along and let's see how we do.

MichaelB.Hensley

This chart is nearly bottomed out. Given the moving averages, previous cycles, fib retracement, and proven support/resistance levels - this is what the game plan is. Good luck!

MichaelB.Hensley

This is a strong chart, and this is what looks to be a good strategy vs. the fib retracement / previous cycles / moving averages.