Sporia

Sporia Updated 

Its very rare for the nas100 to be oversold like this on the 4hour last 7 years we have a couple of moments that resulted in average moves of 9.8% to the upside. 3.72% January 2015 13.71% August 2015 6.30% September 2016 15.58% March 2018 Average 9.8% SL - 11200 TP- 12000

Sporia

Interesting things happening in this chart , Crypto Market Cap "Excluding BTC". The head and shoulders pattern is clearly playing out and the technical target of this pattern would be at 303 billion dollars which happens to line up perfectly to the 0.618 Fib. At the same time we have a very rare signal flashing in this RSI indicator I use , it's based on the...

Sporia

Not posted a TA about gaps in years , not traded a gap in years , once we blasted off in December 2020 and hit 50k range I thought no chance we fill the two gaps (yellow circles) , gaps are a thing of the past no longer get filled..... 536 days later we fill the 25k to 27k gap and no we have one more gap to fill at 18.3k , this could be the bottom filling this...

Sporia Updated 

The weekly RSI on USDT chart has hit a new record! We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind. I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this...

Sporia Updated 

2D setting up a springboard to possibly 35k medium term , bullish divergence building up for weeks now . SL swing low at 26850 TP 25% at 0.382 and rest at 0.5 fib. Longing mass fear is the play.

Sporia Updated 

Today we shall give a go at timing the Bitcoin cycle once more. This year I have been correct in my perspective going as far back as January 2022. I had been eyeing the Bitcoin cycle bottom in May , check it out below. Even executing the best trade of my career yet, riding that short down straight into capitulation. It's been a good year so far so the...

Sporia

This could very well be the new Chainlink channel before breaking the 8/1 Gann Fann and going to all time high. So as you can see from the two yellow circles this channel is becoming pretty important for link. Last time we hit the bottom of this channel it was the Covid crash March 2020. 791 days later we had the same thing happen capitulation crash to the...

Sporia

Should we wait to buyer at lower prices? becuase you woke up this morning and read the news Food crisis? World War 3? Nuclear War? Monkeypox virus? Bitcoin ponzi scheme? Take a pick they all seem interesting meanwhile we stand right now in one of rarest times to buy Bitcoin yet everyone is scared or waiting to buy lower. The Mayer Multiple is at 0.67...

Sporia

What amazes me about the whole cycle is how close both topping patterns played out. 1. The double top pattern with a lower higher on the daily market the top and a massive drop. 2. This phase of the pattern was not exactly the same. 2017 we had a 98% bounce and in 2022 we had a 41% bounce but it did take around the same time before starting the next leg with...

Sporia

A reminder to everyone that Bitcoin Mayer Multiple is at 0.67! that is a very rare buying opportunity. www.buybitcoinworldwide.com Now is the time to load up on Bitcoin as of May 8th 2022 we turned purple a period in Bitcoins cycle that has only happened 5 or 6 times in all of its history , indicating that we are extremely under valued. There is even extreme...

Sporia

NAs100 hits 1.618 Fib perfectly , this could be the local bottom for now but setting up for a much bigger fall later on. The bar pattern from 2007/2008 crash is looking very similar right now and we could be setting up for a much larger move down . I have overlayed the bar pattern from the drop in 2008 , a 50% drop would hit the 0.618.

Sporia

Interesting confluence with this Fib circle , layed out levels using it , also extended the 200 weekly moving average, time to buy.

Sporia

The link marines have a sour taste in their mouth , they are confused on why the link is not going up . If you go to the official chain link twitter you can see with every official link post showing the project's massive progress is met with a wave of angry investors asking why the price is falling and calling for the end of Chain link . All we need to do is...

Sporia

Have a quick look at the TA below first. This ascending channel is going to be the key to pinpointing the bottom of the bitcoin cycle. What we have is a "W" pattern formation on the daily which if completes has a breakout target to the top of this channel. Now my perspective on the next 60days is that Bitcoin will make a move down to the 200weekly sometime...

Sporia

Never been interested in XRP until today ,there is something interesting going in the charts. This historical trend line for XRP is playing a big role in keeping up the price , If it does hold targets to the upside would be massive. First target 12 Dollars Second target 42 Dollars I think this trendline will break come May 2022.

Sporia

We have been here before , August 2019 to be exact. Traded the same type of triangle down to a 7k Bitcoin at the time. Take a look below (First TA so rough around the edges ,also ignore the x50 it was a different time lol) Just like 2019 I think there is more a chance that we come down than up. Fib Circle 2.36 Fib Time Zone 2.618 Last week...

Sporia

Wouldn't it be amazing if there was an indicator out there that would pint point Bitcoin cycle tops. Does such indicator even exist? Well what you see in the chart is in fact the best indicator ever created and everyone is quickly to forget what the Pi cycle indicator was telling you three days before the cycle top. Now I know what your thinking November 2021 ...

Sporia

Bitcoin showing mixed signals lets look at the whole picture . First of all we have been inside a symmetrical triangle now for a couple of days and we are coming to a conclusion , this is going to be one of the most important triangles of the year because if we do indeed break down from here it is very likely that we will visit 200 weekly at some point most...