Orriginal

Orriginal

Been posting this chart for the last few years and drew that Circle that PA hit, back in Feb..Way befppre PA arrived there. I also drew that dashed Arrow line at the same time ad, as we can see frm the Daily chart beow, PA is bang on that line. Why is it importnat that you know this ? Because those Circles and Dashed lines are transposed from teh 2017 -...

Orriginal

PA has finally risen above that Fib circle ( falling diagonal arc) that has rejected us since Early June. PA is currently retesting this as support now and we will hopefully manage to remain above. Should this fail, we have the lower trendline of the newly formed rising channel to use as support. Should that fail, we have the 236 Fib circle (Red) and the next...

Orriginal

The Chart Clearly explains itself Since before Bitcoin PA went into its current channel, it was under a Huge Arc that resisted any move higher...strongly, Every single ATH, Every one, even the most recent This is Easily seen by the Blue Arc And as you can see, maybe THIS is the real reason why PA is struggling to break higher....It just cannot break over that...

Orriginal

At the beginning of June , I wrote this ""On only 2 occasions have we had a GREEN JAN, RED FEB, RED MARCH, GREEN APRIL And Both of them were on the way to ATH. (Boxes ) On both those occasions we also had a GREEN MAY, though the gains were minimal and one was followed by a Green June and the other by a Red June." We just got the GREEN June and so this draws my...

Orriginal

Bitcoin is once again getting rejected off the Fib circle just above. This is also just under a 618 Fib extension and so a combined rejection zone. Beneath this, we have support on that Bold dashed line. This is a Local line of supprt but has strength. And so, we find outselves in apennant again and that apex is around 22 July. PA tracts before the apex. As...

Orriginal

PA has been trying to get over that bold trendline since Feb 2024. It is the same line that PA used back in 2021, to bounce up to the Cycle ATH in Nov 2021. And we have begun th e week just on Top of it, as we can see in the Zoomed in version of the chart below. This week is a Big one in many ways. We also have the Month close today and currently, we have a...

Orriginal

It is Very clear when you look at these 4 charts TOTAL - TOTAL2 TOTAL 3 _ OTHERS The Top Left chart is the TOTAL chart and is the only one that includes BITCOIN and it is the ONLY one that is above all of its MA's All of the other charts are heading into resistance on one or more MA's ALT coins are sailing in to headwinds. THIS DOES NOT MEAN THEY WILL GET...

Orriginal

PA is approaching TOP OF RANGE again It it get rejected, it is another LOWER HIGH that may lead to another LOWER LOW If we break through, we may watch a higher high but we need to see if we get a Higher Low afterwards to confirm change of Trend The Falling channel has a number of boundaries. PA has the ability to move higher. This appears to be a Bullish move...

Orriginal

As the title says, BTC PA has fallen back in channel that offers a potential low in the High 80K should confidence fail. PA also lost support on the Local 2.618 Fib extension. This is a shame and poses potential problems reclaiming that. I will say, that I do not consider this a long term Bearish beginning but it could certainly add to the "Calm" Summer I have...

Orriginal

What i want to draw your attention now, more than anything is simplay that DXY PA is on the line of Support created in the 2008 Crash Thisis Crucial as if it drops belwo, that is the $ on the international stage loosing the strongest line of support it has ever had If we look at the stage now, you will also see that the DXY was loosing traction BEFORE the...

Orriginal

We talked about this possibility on Friday and now it seems to be happening We have support and we will hopefully Hold on that Fib extensiona nd risong line pf support. The madness in the world right now , however, may decide to try and crash markets If you decide to sell out, AVOID THE $ Me , I will remain Holding for a while longer

Orriginal

This will be the main chart and 3 indicators that could be telling us something. Main chart is the Heiken Ashi. Each candle starts in the centre of the previous one and so we get rid of noise and get a good understanding of possible Trends. And Right now, CALM is not the word ! Candles are getting smaller and smaller. However, we do seem to be forming a bullish...

Orriginal

The Growing question is just how much does the American Federal Reserve interest rate changes effect Bitcoin. We can see how in 2022, it appears they did but from late 2022 and early 2023, it doesn't seem to. Bitcoin began its rise even while rates were being put up. The Fundimental Key points may have had more impact but again, there are moments were we can see...

Orriginal

Those Fib circles are showing their strength again. See how PA is pushed by them 99% of the Time. And right now, we see PA ina tight Squeeze between horizontal Local support and that falling red 236 fib circle. The Apex of that Bearish pennant is near the end of this month. And, Today, depending on how Markets react to the FED Rate decision, PA could break away...

Orriginal

This is the old fractal chart and I have faded out the Fractal from 2013 to 2017, Everything ese remains unchanged since Feb this year. We hit the expected price range indicated by the circle and we are still in that area but I expect, once the month closes and we have a small red month candle, then we can start printing Green again. The daily version of this...

Orriginal

Quick post to show you very simply that the Odds are against a push above that Blue ATH right now. The chance of a Dip is higher than the chances of a push higher. That does not mean to say it will not happen, just be ready in case it does not happen Charts do not lie.

Orriginal

For the last 3 weeks, Bitcoin has been in a tight range and each candle has been small body and long wicks, showing indecision and uncertainty This close up chart shows how these 3 weekly candles have occurred at the intersection of a Fib circle (blue) and This alone could explain these "wicky" candles... The Bulls have been fighting hard to keep PA up and to...

Orriginal

Bitcoin weekly / Daily showing a Dip to sub 100K possible but is avoidable. On the weekly, we can see how PA is top of Range, just below the arc that has rejected everything since 2011. There is more resistance overhead than support below and the first Real line of support sits around 103,599 , 101K then we go to 98K. If we loose 98K for some strange reason, it...