Bitcoin and the anatomy of the seahorse pattern, starts off with a nice w double bottom formation. Breaks out from its counter trend, then forms a head when retracing before continuation to either direction buyers or sellers become stronger. Profit taking at these points also a factor not to be overlooked.
Using the bars pattern from cardano's last cycle and overlaying in the general similar areas of first break outs from previous cycle show possible scenario and price levels and timelines.
XRP looks like it wants to make a break out from its second cycle fractal pattern which from the fractal it copied from its first cycle was much smaller in scale. Macro Diamond Pattern lets go fishing!
BTC finding a nice bounce off the 200 moving average in the middle of the summer lulz all while major stock market indices and gold are at all time highs. Once profit taking initiates from these markets the money flow will enter BTC pushing its prices up in the near final phases of this bull cycle.
DXY is sitting right on long term macro support trendline with one more lower support level @ around 99.99 also where the 200MA will be at. Once long term support breaks down there is a free air gap all the way down to 96.08. This outcome will be optimal for further upside growth and higher price levels for BTC/EURO/GOLD and other major indices as it shows money...
Shiba Inu is setting up for a nice mid term swing trade, while the king coin BTC pokes at making a trend reversal to the upside most of the top ALTS lag just a bit behind and should ride up once bitcoin makes its major moves stair stepping up and out going into phase 2 of this current bull cycle. Cypher pattern D phase 100% in play "the money shot"
This is a fresh chart update of BTC's cheat sheet idea and tracking TA, following 2013 to 2017 Bars pattern along with key macro trendlines. April fools edition!
By adding the arches for perspective makes similar to a bollinger band, bitcoin appears to be following a fractal pattern close to 2015 but stretched out over a longer time period. Cycles within cycles the micro forming the macro fractal. Observe the bar pattern simularities. Now it forms and finishes off its pattern with a the smoother climb up and out over time...
Nvidia has formed a macro elliot wave pattern, Bitcoins chart fractal overlay displays similar macro peaks and valleys.
FET has formed a macro inverse H&S, weekly chart showing a break out from the neckline and is already half way up its measured move along with a nice upwards momentum.
Besides using the Fibonacci retracements in charting, the particular days that fall on the actual fibonacci day itself appear to be very good for catching big swing moves for entering and exiting on trades as marked for example. The 3rd 8th and 13th have shown to be entries and exits on the same day even.
Helium had a near similar breakout and has been inflated with gas lifting it from a long bear hibernation period along with most of the ALTS. Helium is also been merged with and riding on Solana's blockchain is another reason it looks so similar besides the price. If you missed getting in on SOL, HNT would be the next best thing to get in while its still low after...
Bitcoin is closing in on the 666 day bar mark of the beast which also happens to coincide with intersecting macro trendlines on April 13th, 2024. A passing over of comet 12p nicknamed "The Devil Comet" a Solar eclipse on April 8th along with a lunar eclipse still happening in various timezones and places. All happening on fibonacci days! Marked from june 2022
Chart Art! The Greys sales seem to have BTC in an inverted choke- hodling the 200MA well in their grasp! On a TA side all major moving averages converging into the green, setting up to be possibly one of the greatest bull cycles to date. Happy and Prosperous Trading!
As Bitcoin moves into phase 2 of its new Bull Cycle by placing the Bars pattern along with key macro trendlines in the right places from the past you can get a general idea with key dates where the price levels could possibly make it to in the future mixed along with the right chart indicators.
XLM Stellar Lumens weekly chart indicators showing possible signs of making a big move to the upside at any time. XRP ripples chart near exact comparison. Green arrow indicators set at market downtrend exhaustion levels on cypher b coinside with commodity channel index's bottoms and reversals shaded in yellow circles.