Pasayten

Pasayten

Bitcoin likes ascending triangles. Recent price action doesn't fit past bitcoin cycles. A macro pattern I would watch for if for some reason the current run up continues.

Pasayten

poosible scenarios with parabolic curves

Pasayten

6k equilibrium which forms multi-year consolidation triangle

Pasayten

Three thoughts on BTC possibilities. 1) Inverse Head and Shoulders 2) Descending Triangle 3) Adam and Eve

Pasayten Updated 

Momentum, sentiment and TA suggest that BTC will continue downward. In the interest of playing both sides I looked for possible bullish cases for upward movement. Looking at ichimoku (standard settings) there is a path up through the clouds on several different time frames. It would take everything lining up and breaking a bunch of resistance. It would be the...

Pasayten

That candle structure though.

Pasayten

I played around with Ichimoku cloud and 50/200 on the 4hr, 6hr, 12hr and daily. Looking for alignment across timeframes. Observations Price below the Kijun, Tenkan, 50/200 ema on 4hr, 6hr, 12hr Price pushing down through 6 hr cloud. Could exit 2/26 or could bounce off bottom of cloud. Upcoming bearish Kumo twist on 12 hr on 3/1 Price staying flat would run it...

Pasayten

Ichimoku cloud. Path that lines up on most time scales.

Pasayten

Playing with cloud possibilities on different timeframes