TIME
ABSOLUTELY SCRUMPTIOUS Bitcoin Price and Time Analysis Hey guys! Happy mid-December and welcome to the start of another exciting week in crypto. I hope these times of wonderful volatility have been good to you all. I promised you guys a Bitcoin analysis a few days ago over on my highly successful ETH chart that I'll link below, but I didn't get round to it because I didn't really have anything to say which hadn't already been said by some of the other great analysts here on TV. Now we've seen a nice move upwards, I think I got something a little different for you guys.
If I can stop you getting distracted by the pretty colours for a moment, I have a quick explanation of why I'm analysing the chart in this way. Many people overlook that time plays as much into technical analysis as does the price. Look at any price chart and it's got 2 axis, not just price. The reason I'm telling you this is that the top of this bull flag is a major trendline from the past month. Of course time relates to this, otherwise it could have hit that level in the past and not been resistance, as those lines wouldn't have lined up! Follow that dotted line with your finger... Yes, you see, it hits it exactly and makes a triangle shape plotted by price and time. Because many people are looking at this trendline over a decent amount of time, I think we can take this one step further and factor in the time taken with our fibonacci lines.
Now, I love fibonacci and I noticed that this bull flag we've currently formed has a very curious shape, and how it's noticeably different for the different exchanges. But I noticed something very interesting on this bitfinex chart when you connect the lines to the top of this bull flag using the circle fibonacci tool.
What do you notice? Firstly, this chart looks absolutely beautiful and I want to eat it like a whole load of flavours of Christmas-y ice cream that have come to party over at Bitcoin's house. But secondly, the circles overlap with a lot of the key levels that many traders are currently talking about, and it might give us some insight to the timeframe if/when we reach them. I've highlighted these levels in yellow on the chart. One could imagine an Elliot wave type structure forming through these points at key levels that many traders are waiting for. This isn't to show that it must hit these exact levels, but just an idea to show a possibility of WHEN they might be hit. I didn't think I'd need to explain the levels simply because it seems like everyone is eyeing them for bitcoin at the moment and you need to give the time piece of the chart some love as well <3
Let's see where this gets us! I'll be studying this type of analysis in the future so stay tuned by following my page because I have much more to come. If you saw my ETH analysis you'll know that it's been going really well for these more radical kinds of analysis which nobody else is touching. So you should follow me on Tradingview and hit like if you want to see more. I'll be updating this chart often with some new input and to see how this develops because I think this is a very interesting and underused method.
Enjoy the holidays!
-Etch
ETH trade:
XLM trade:
CHFJPY Buy @113.3CURRENCY: CHFJPY
ENTRY: BUY @ 113.3
MONTHLY TREND: BUY
WEEKLY TREND: BUY
DAILY TREND BUY
ANALYSIS: Alignment on Monthly, Weekly, Daily Trends, Enter at 8 Hour Bollinger
VALID PERIOD: 64 Hours or if daily trend shift
STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative
GBPUSD SHORT@ 128.2CURRENCY: GBPUSD
ENTRY: SELL @ 128.2
MONTHLY TREND: SELL
WEEKLY TREND: SELL
DAILY TREND SELL
ANALYSIS: Alignment on Monthly, Weekly, Daily Trends, Enter at 8 Hour Bollinger
VALID PERIOD: 64 Hours or if daily trend shift
STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative
Bitcoin's Three Market Cycles: Time & Price ObservationsWhy did I make this??
I'm sick of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION.
Also sick of Twitter and YouTube shillers making money of people's hope. It's PATHETIC.
Lastly, I'm sick of whenever BTC rises or falls seeing said Twitter and You Tube shillers immediately linking the rise and fall with something that was said in the news that day. Here's some news for you: A MARKET CYCLE DOESN'T GIVE A FUNK WHAT IS IN THE NEWS.
I hope this chart presents the facts clearly. If you see any mistakes or anything interesting you wish to discuss, fire away.
Thanks for viewing.
Don't be so sure for SELL - USDJPYThis is price level where USD can stay and grow up from this support.
So be careful about your SELL position. Because you can see how strong resistance level it was Before.
My best recommendation is to wait, don't sell now.
Strong support for USD
Time for Correction
BCHUSD Support will be penetratedAs you can see I'v already spotted the resistance area on chart.
Don't be fooled by indicators.
Now The gann square is here.
5d 10d measure time.
1/2 is from my silly use of gann line. IDK what it is so it's a mysterious spot.
Seems it just a cycle. Then we should know that The gann angle is a measure tool ;-)
It's must not be the resistance speed line. The speed line is just divide price by some ratio.
But gann square is called the time & price calculator.
I'm still not sure what 1:1 line means and how to correctly put it.
Nose of plane has ended it's descend. Consistent altitude now.Our pilot was able to end Bitcoin's rapid descent into oblivion. She has leveled out now. Altitude is consistently stable. About to ascend once again. This time more feasibly doable. Steady now girl. Steady.
Thanks to all who remained aboard and have help our pilot right this plane. Now enjoy your ride. It won't be fast. It may not be exciting. But we'll get there eventually. Safe and sound.
Happy holding my crypto friends.
Great time to buy Hydro before reaching its ATHJust sold my house and will sell my 350000 hydro when it reaches 10 dollars. My wife left me.
Mesin Waktu Bitcoin. Apakah sejarah akan terulang kembali ?Berdasarkan Grafik yang kita lihat, Bitcoin telah keluar dari Symmetrical Triangle, namun harga tidak mengalami perubahan signifikan.
Jadi, saya mencoba menggunakan mesin waktu untuk melihat pergerakan harga di tahun 2015, persisnya pada saat ini Bitcoin berhasil keluar dari Symmetrical Triangle.
Hasil nya adalah sebagai berikut :
Tahun 2015
Di tahun 2015, setelah Bitcoin keluar dari Symmetrical Triangle nya, harga bergerak Sideways selama beberapa pekan, baru kemudian harga perlahan – lahan mengalami kenaikan.
Jika kita menggunakan pattern waktu dari th 2015 untuk digunakan pada masa sekarang, maka Bitcoin baru akan mengalami kenaikan pada tanggal 20-25 NOVEMBER 2018 . Secara fundamental, hal tersebut masuk akal karena pada bulan Desember 2018, Bitcoin Bakkt akan dilaunching. Selain itu, akan ada pengumuman dari SEC terkait beberapa proposal Bitcoin ETF. Terlepas dari apapun keputusan SEC, sebelum memasuki bulan Desember 2018, harga diperkirakan akan mengalami fase akumulasi.
Resistance saat ini : 6800
Support saat ini : 6000
Apabila harga ternyata bergerak melewati Resistance / Support sebelum November, maka analisa ini menjadi tidak lagi berlaku.
RDD ReddCoin to BTC AnalysisI beleive a breakout at the end of 2019 is likely due to the macro energy buildup behind ReddCoin, represented by the two sine lines and the horizontal fibonaccis.
Disclaimers, not intended to be financial advise.
I am not holding any ReddCoin at this time, but I am considering entering in the upcoming months if the chart starts to show signs of a bullish reversal or uptrend.
Biffy