math indicates a trend change starting today 5.28 running to 6.2 with a pivot down, then pivoting back up until 6.6. if the forecast comes in, i will published the month of june
last move by bitcoin has really put it on a completely new trajectory, once we finish the correction, which appears to be bottoming out in the 1850 range, we may not see sub 2k for a while, we are into day 3 of corrective wave, usually the corrections last a few days, a little up and then a few more days of correction, but again
using the recent spike low on the 22nd of may, i have projected price and time pivots based on 1/12th harmonic scale to account for the diffusion of time. the arc and the intersection at the resistance levels are expected pivot points. if price is remains in between resistance levels, you can use the intersection of the semi circles to look for pivots if your scalping.
so, im gonna say it, i was watching bfxs order books when bitcoin settled in the 2k mark, and there were basically no bids at market, plenty of traders with bids, but all substantially below were the market was. then boom, price surged $40, no apparent reason, and bitfinex lead the way, again, hmmm. odd. if you have not gone to bitshares site bitshares.org its...
ethereum, hmm, its geometry is irregular, but i see a pivot down to .06 area starting late in the 5.21 and then a quick move up .088 area, i will be happy to post a longer term forecast if your interested send message.
I have the first meaningful stop for bitshares are .00012. this geometry is a center of mass calculation that is based on bts since its first trading dates. bitshares fundamentally has many great things going on with it as well. and hey, their german. but in all seriousness this will be the first meaningful stop i believe before new all time high. we are over...
these arcs show dynamic support and resistance. i was mucking about when i put this chart together and did not expect to find these levels tying together recent price action so i thought i would publish. the exciting thing i see is the next top from here should be in the 32 range. essential once the support arc is 90 degrees, the reversal, once it is underway...
once you know where to anchor, can go deep in the past to know the future
i noticed a lot of symmetry in ripples movements, in that while xrp has had tremendous gains, the turns are somewhat predictable in the sense as the swing highs and lows have a consistent period to them, while these pivots are not exact to the day, it would worth noting in your chart to be cognizant of good trading opportunities.
This will not climb straight up the angle from prices current position, but we should see a new all time high tomorrow afternoon in the 248 area if i understand the math correctly. chart is noted as to where and when i see price making new all time high. cheers.
nearly every date from swing low, to swing high, or top to top, bottom to bottom, comes out to a count in time that works out to be a perfect square. my prior chart i called out 5.15 for pivot down, but for that count to be valid, we needed to see a red candle no later than 5.16 which we did in fact get. in this update, i have gone further back in time to add...
never know which way a pig on acid will run, but if my math is correct, its highly probable to see correction starting on 5.15, so im calling trend change on 5/15, which is what i called out on my daily btc chart this week. i believe bitcoin still has at least one more thrust in her before the top on the 15th. we will see if this proves out, its really a matter...
extending the nodal point on diagram, are proving to define price activity well, until price moves out of the bounds of the square, the geometry is valid. to know direction, simply note if we have moved from low, to high, in that instance, next pivot will be high to low. if we have moved from high to low, next pivot will be low to high.
this is on 2 hour chart, we have strong support here, and math indicates a reverse in current downtrend starting on the 10th indicated by vertical bar at angle intersection
i do not do many intra day charts, the intersection of angles are nodal points, this is 5 minute chart. a note about the intersection points, price does not have to track along the angle to the intersecting point for a turn to be valid, also the turns are in sequence so if we are coming from a pivot low, next will be a swing high then swing low. to know...
ive noted the chart for key resistance and turn dates. imo and in the medium term, bts is headed for new all time high, bts, while like all the alts took at beating on 5.8 along with the other alts, has held up very well. and there are fundamental reasons why i believe a new all time high will be reached. but its volatile and if you can hold spot, margin trades...
we could see a turn even starting today 5.9, but if not a trend change is likely around the 15th +- a day. This is based on county from weekly chart of uptrend historically from 2013. btc has not extended an uptrend beyond 6 weeks without a correction, we just started week 6, and the math indicates a high in the 1850 area is possible before a correction, but a...
have a time and price forecast with angle intersection