Orriginal

Orriginal

The chart really does say it all You can see the Arc, above PA that has rejected PA Every ATH since 2013 It created the point of rejection on 6 ATH in Total and presented a huge problem if it was not broken. And I can assure you, that arc touches Every ATH. Just recently, this same line rejected PA Twice, with strength. The Zoomed chart below shows you where we...

Orriginal

Even though I have mentioned that we maybe in for some RED days this week, this chart shows how, ultimately, we are in a Bullish momentum still. The CUP pattern that we have printed ( adjusted since I last posted this) , Goes from ATH line back to the ATH line. We also see how there is this APEX that PA has fallen into that has its peak at the end of this...

Orriginal

Before we go anywhere with this, we MUST remember that a "TREND LINE " requires a minimum of 3 points of Contact to make it Valid. The more points of contact the better. All of these Trend lines in this chart are therefore Valid. But what needs to be questioned is maybe the PA trend between the lines...... And because of the Scale of this, we are using only 2...

Orriginal

After 6 consecutive Green Weeks, Bitcoin maybe about to Turn around and Cool for a bit. BUT DO NOT PANIC We have opened the week with a sharp drop back below the 2.618 Fib Extension. This in itself is a major move if unsurprising Last week, we talked about this possibility by looking at the Daily MACD. MACD Rising above the Signal line is a Bullish...

Orriginal

First Off - Sorry for all the lines on the chart but EVERY one is very relevant to what is happening right now. The Dashed Blue Horizontal line is the current ATH line. possible Resistance. The 2.618 Fib extension has not yet been tested as support. This could happen still, at any point till end of month and is around the 98K usd zone. PA has Ranged through the...

Orriginal

Anyone that knows me fully understands that I DISLIKE ETHEREUM A lot...Foe many reasons - So, please read this but understand, I am not going to paint many Rosey, Bright images about it....Mostly because there are NONE For a start, the staking model giving Voting abilities DEPENDING ON HOW MUCH eth YOU HOLD..... is NOT decentralised Crypto And the simple Fact...

Orriginal

The main chart is the Daily BTC PA and the BTC DOMINANCE ( BTC.D ) super imposed below, for the same period. When BTC.D Drops and BTC PA remains stable, we see ALTS increase in Value, Mostly. On the main chart, you can see that in Nov 2024, Till Dec, we had a mini ALT seasons and we are having another now But will this last ? If we look in more detail at the...

Orriginal

As many of you know, I have been referring This cycle of Bitcoin to that of the 2013 ->2017 bull run. And while PA has Fallen off and below the Fractal itself, we do still have one Very Major thing to see and it is a Good one. So, the chart above has an arrow. This is pointing to Sep, Oct, Nov 2024. See how PA pushed up to the "Neckline" of the Range and got...

Orriginal

Bitcoin has reached above the next Fib circle. You can see how PA reacts to these by looking back For me, I can see PA sliding down the 618 Circle we currently sit on until we reach that dashed line that shows the lower line of support of the rising channel. We reach that around 17 May if we range sideways, slide along fib circle. It could also be said that the...

Orriginal

CRYPTO MARKET DOMINANCE CHARTS These are 4 hour charts, showing PA from Mid April to now. BTC.D - ETH.D OTHERS.D - USDT.D RED line = 50 SMA BTC.D - Dips, Showing money flow into other Assets. PA has fallen below the 50 SMA and yet the price has remained static above 100K. The fact that the Dominance chart is dropping is more a sign of the increase in ...

Orriginal

Just a quick post to explain how Ia m looking at this weekend with Bitcoin and I will use the MACD as amajor player here. The BTC chart above is Daily, we can see the "Cuo " pattern, we can see the Long term rising Libne of support, we can see the red 236 Fib circle we shot through and the up coming 618 fib circle, that may or may not be trouble. And that 2.618...

Orriginal

A Simple Rule of Thumb can be followed when BITCOIN DOMINANCE moves up or down and it can save you a fortune if you use it properly. BTC.D - BTC - ALTS increase - increase - Decrease increase - Decrease - Decrease Rapid increase - Stable - Stable Decrease - Increase - Increase Rapid Decrease - Decrease - Decrease /...

Orriginal

There are some charts we should always refer to in times where we feel change may be upon us. The chart above are Bitcoin Dominance ( BTC.D ) - Ethereum Dominance ( ETH.D ) Others Dominace ( OTHERS.D) and USDT Dominance ( USDT.D) ( I use USDT as it remains the largest Stablecoin by market cap) The RED line in these Daily charts is the 50 day SMA In most of my...

Orriginal

Thsi is a VERY Bold statement but there is a saying that we need to understand CHARTS NEVER LIE This chart is the 4 hour charts of Bitcoin - Gold DXY $ - S&P500 There are a number of things to see here. The First and strongest sign is simply that Bitcoin has risen over the last 36 hours alongside the $ Rising. This in itself is a huge sign. 80% of the time,...

Orriginal

The FED tells us that borrowing will remain as expensive as it was before, No change and so now, we see traders relax and BTC PA rises. Bitcoin is now showing Huge strength, bang on time The Blue Dashed line above is the current ATH and we may end up near there in the next few weeks, providing we keep momentum. Before this, we may see PA slide down the top...

Orriginal

Bitcoin is continuing to head towards that red 236 Fib circle while being Kept below the 2.618 Fib Extension This could see PA Drop back to the 92K area where it will bump into the Cup shape it has created. This Cup has strength . It has been tested 3 times previously and on each occasion, PA Bounced well off it The overhead resistance and the Daily MACD are two...

Orriginal

For now, I am going to say YES but maybe not completely. If we look at the shape of the Fractal and what BTC PA is currently doing, it could be said that we have just completed 2 ranges in one go..the little one that Took us below the fractal and the other one that is next up the Fractal line. But it is the next 8 weeks that will define this fully and for now,...

Orriginal

Bitcoin PA taking a breath of Air having pushed up off the lower trend line Currently facing short term resistance as mentioned in the Daily chart just posted. The Weekly MACD has yet to Croos its signal line ( red) There is currently little reason to expect this to not happen. PA currently sits Mid point of its rising channel with strong support below....