NIGHT_NIGHT_5

NIGHT_NIGHT_5

Expecting The Vara Network to continue the uptrend into the Bat Pattern targets. Bat Pattern Targets: 0.25-0.30 Cents We also have a very large Inverse Head and Shoulders pattern. Inverse head and shoulders target: 0.18-0.20 Cents Support and consolidation is developing at the 0.09-0.10 cent zone along side the down sloping trend line of the triangle pattern.

NIGHT_NIGHT_5 Updated 

Back in Oct-Nov Vara posted a nice Inverse head and shoulders pattern with a price increase of 150-200%. Vara is showing another inverse head and shoulders pattern on the trendline support indicating a possible reversal zone. MACD- bullish divergence on the daily. RSI @ 43 Breakout Success Rate- 85% Price gain % rate- 50% Neckline- 0.0750 Target- 0.11-0.12 Cents.

NIGHT_NIGHT_5 Updated 

Vara posted a nice 6-12 hour bullish divergence into a support zone. If you check out the weekly candlesticks there is a tweezer bottom indicating a possible reversal of the trend. RSI @ 43 daily Shark Pattern Targets TP 1 0.15-0.17 TP 2 0.19 TP 3 0.25

NIGHT_NIGHT_5

Vara Network: Accumulation still in progress. Expecting a continuation to the upside for the shark pattern targets (0.15-0.19 cents) Support has developed around the 20 DAY EMA and golden pocket (0.0830-0.0850 cents) Additional downside support 50 DAY EMA.

NIGHT_NIGHT_5

Wave 3 still in progress! Expecting Wave 3 to be at least twice the length as the (Circled Wave 1). Targets up and around the upper (RED) trendline zone. $65,000-$85000. Acceleration will happen quickly once all the filed ETF's are approved. Notes: Going off of past cycles and with the Bitcoin halving coming up in April of 2024. It will be interesting to see...

NIGHT_NIGHT_5 Updated 

GRT or the "GRAPH" has posted one of the best bottom formations in crypto. 360+ days it has taken to complete this Inverse Head and Shoulders pattern! Looking for much higher prices.

NIGHT_NIGHT_5

UPDATE: Main Count- Wave (3) still in progress! Target zones for Wave (3) 45k-50k. (Golden Pocket Fib Zone .50-.618) Bitcoin SPOT ETF approval is on the horizon. It's a matter of WHEN not IF. BTC will accelerate quickly once approved. Long Term View: I'm seeing Bitcoins long term pattern as an ending diagonal with a cycle top zone around 85k-100K.

NIGHT_NIGHT_5

(Count #2) This is a variation of the last count posted.

NIGHT_NIGHT_5

(COUNT #1) I have yet to see this wave count showing a possible ending diagonal on the BTC Monthly. Looking at the MACD we have monthly bullish divergence between (yellow) waves 2 and 4. Monthly MACD cross is closing in. Negative momentum is near flipping to positive. Also check out this count in an inverted view (upside down). It looks more clear.

NIGHT_NIGHT_5

A couple things to look out for in the month of June: 1) U.S. Debt ceiling deal due by June 5th. 2) China to uplift cryptocurrency ban on June 1st. Analysis: Support has held. Daily bullish divergence with an impulse candle. We are looking for a very powerful move for wave (3) of the (iii). 40K BTC is in the cards by the end of the Summer.

NIGHT_NIGHT_5

03/Jan/2009 Chancellor on brink of second bailout for banks Banks have been bailed out again by the fed over the past week. This is why Bitcoin was designed. The system is failing. Bitcoins downtrend looks to broken. Liquidity will be injected into the economy to save all the banks. This is great for Bitcoin/Commodities and bad for the economy. Much higher...

NIGHT_NIGHT_5 Updated 

The 21.5K pivot zone has been taken out. We are now looking for Wave 2 target zones! Most common Wave 2 retracement targets are between the .50-.618. Roughly 19k-20K. Could see lots of buying power in this zone for a short term rally. Wave 2's can retrace up to 90%. Harmonics and Elliot Waves combined I'm seeing a lot of confluence at the .886% retracement zone...

NIGHT_NIGHT_5 Updated 

Momentum has shifted off the local support zone of $21,500. Still looking for 25.2K (Stop Hunt) Also looking at: Bearish Shark Harmonic Pattern Target at the 1.13 Fibonacci @$26,400. This pattern if completed will create a DAILY RSI bearish divergence.

NIGHT_NIGHT_5 Updated 

BTC has entered in a high probable 4th wave retrace zone between the .236-.382. 4 hour RSI indicator is exhausted into a local support zone. We are looking for momentum to shift into a 5th wave to up upside. Watch for 25.2K.

NIGHT_NIGHT_5 Updated 

Targets reached around the 25.2k area taking out an important pivot (Stop Hunt). This move was a lot stronger and quicker than expected making this the end of a potential 3rd wave instead of a 5th wave previously posted. The Fibonacci target of the 3rd wave extension was at the 3.618 ($24,700 zone.) We have posted some bearish divergence on the lower timeframes....

NIGHT_NIGHT_5

Alchemy Pay Bullish Bat hit and back tested the PRZ (Potential Reversal Zone) at the .886.

NIGHT_NIGHT_5

GRT USD Low risk high reward trade setup! We got a nice triple bottom around the trend line with great support under us! We are looking to break POINT B around the hump of the dragon pattern forming! Targets will come quick with we get the breakout of the hump! Target #1 - at the .886 forming a bearish bat pattern. Target #1- at the 1.13 forming a bearish...

NIGHT_NIGHT_5

We made the push up to point D (.786) completing the Bearish Gartley pattern that I have been tracking the past week! We got the quicker than expected retrace to the (.50) support zone "which" also back tested the symmetrical triangle we broke out of! This was a great opportunity to re load the bags for another potential swing trade to the upside! We are now...