RoxVen89

RoxVen89 Updated 

We have formed bull flag on daily chart. RSI is holding strong around 50. We are building momentum for huge up move just after halving.

RoxVen89

Decision time for BTC. BULL or BEAR! Short term MA from PI Cycle indicator is support. Price has to bounce off it otherwise Bull run is over.

RoxVen89

Daily chart shows a lot of weekness. Weekly chart slowly turning bearish. BTC has to bounce of 52k and break 68k, otherwise it will cat bouce to 65k and fall hard.

RoxVen89

Chart is self explanatory. 50-52k area is vital for market. Price MUST hold in order for bullish market. Fall below and failed retest will start bear market for next year to come.

RoxVen89 Updated 

BTC is stil far from long term MA on PI Cycle indicator (green line), now about 85k. BTC only have had parabolic runs after breaking and testing this line. Honestly I still don't know what to think about this bull run. Are we going to have much longer run till MArch 2022? Or we can expect some insane moves in december 10-20k per day towards 200k till end of the year?

RoxVen89 Updated 

BTC price formed ascending triangle with top line at 63,5k price. After todays break up we should expect one more pullback till 5 November and after that ultimate push towards new hights (probably at least 73k-75k). 60,5k-62k is good place to set your buy orders for longterm till end year.

RoxVen89

RSI in downtrend almost breaking down 50, MACD below 0 in downtrend, lower hights on chart. My area for long is 50-53k where price should touch short term PI Cycle MA (red line).

RoxVen89 Updated 

Daily RSI and MACD suggest we might see some downtrend in next few days or at least some sidemoves between 55k and 65k (probably till end of october). BTC is still below long term MA (green line) on PI Cycle indicator and seems like it's preparing to test yet again short term MA (red line). BTC will not make parabolic move before testing from both sides long term...

RoxVen89 Updated 

As You can see BTC developed/is develpoing bearish divergence on 15m chart. Short term we should see pullback to 48-52k area mb from 58k mb from 60k. Long term bulls still in power.

RoxVen89

Bullish megaphone pattern emerged on BTC. 49k-50k should be good place to short for the last leg down before price breaks pattern on the top.

RoxVen89 Updated 

Chart is self explanatory. PI Cycle indicator already predicted all tops of bull runs up to 3 day accuracy.We didn't have any major correction in last months so we may expect top soon. Probably in next 2-3 weeks.

RoxVen89 Updated 

Call me crazy but BTC may top in mid April as it can't do proper correction (at least 40%) and cool down all indicators. RSI bearish divergen and Pi Cycle Indicator over 90% suggest it clearly. It looks very similiar to last month before top in 2017. So either You all start selling to cool off or run will be probably over in next 30 days, but before that, price...

RoxVen89

If so, we should expect quite strong pullback soon to 20MA on 1W. Or maybe this bullish run is so strong and will be shorter than previous and won't let it happen?