bitcalib

bitcalib

W pattern with rejection after. This also is congruent with several other factors not shown in this chart.

bitcalib

From where we are now, I anticipate a pump to at least 17.1 and could go up to 17.4k then down to complete pattern. Immediate long opportunity and then a short that could ride a larger drop

bitcalib Updated 

If this Market Maker pattern plays out in symmetry to the left side, which is more visible even on the 5m chart, then there will be several long opportunities and several short opportunities with opportunity to either reverse positions right into the next drop or retrace. There is also a large red candle on the left side, seen on linked chart of 30m timeframe,...

bitcalib

levels are all off, but oh well, meh. But let's see the pattern play out and price drop to 19.4k and lower, perhaps sweep the lows around sub 18.5k

bitcalib

possible 3 drop distribution pattern playing out, let's see what happens

bitcalib

measured move to 21.2k take profit. See linked idea/chart

bitcalib

See linked chart BTC fulfill cup and handle on 30m with a measured move pointing to 21.2k

bitcalib

Possible Head and Shoulders could play out here. Obviously too early to be confident, just something to watch. 19.2k is a previous support level and 20.1 - 20.2 is recent resistance/rejection level. This also speculates that the pattern would be symmetrical with the right shoulder more or less identical in slope and size as the left. This rarely happens, but is...

bitcalib

if hold neckline as support could see pump to 21-21.5k quickly

bitcalib

Measured move off the potential H&S on DXY points to the 0.786 fibonacci retrace level off the high of the recent rally. This 0.786 fib level also corresponds with a historical resistance flipped support level that would be retested and if it holds could indicate a continuation to upside. I expect DXY to hit 115-116 range (which is the 0.5 fib level on reverse fib...

bitcalib

Measured move off the potential H&S on DXY points to the 0.786 fibonacci retracement level off the high of the recent rally. This 0.786 fib level also corresponds with a historical resistance/support line that would be retested and if it holds as support could indicate a continuation to upside. If this plays out, it would likely correspond to a short term rally in...

bitcalib

pattern continues and BTC continues bullish momentum through 5 days before and 5 days after new moon on 28th. Begins crash to 16k shortly after

bitcalib

BTC should show bullish energy for 5 days before and after new moon on 28th. This could mean hitting a local high between 23 - 25k and rejection to bottom at 16k in early august.

bitcalib

if H&S forms and plays out, then BTC could drop down to support around 21.5 - 22k and see a bounce heading into New Moon on the 28th which reliably the time frame where local highs are made and price is generally bullish. We just exited the 5 days after the full moon where we reliably see local lows print, so I don't anticipate sustained bearish action, maybe some...

bitcalib

if bear flag plays out, would be catalyst for larger move down, possibly to 21.4 if goes beyond measured move off flagpole, expecially if DXY breaks out

bitcalib

BTC down to 21.4 and possibly 20.8 and even to lower low like 12k - 10k eventually DXY set to pump as well as USDT.D ready to move up

bitcalib

If DXY pumps as shown here, BTC will dump considerably, perhaps to 20800 or lower before significant relief. This setup is also in agreement with USDT dominance and BTC chart

bitcalib

This is just part of a confluence of indicators that seem to point towards a dump in BTC along with pump in DXY If DXY pumps, BTC will dump, which is typically correlated with rise in USDT dominance. USDT dominance has often bounced between upper and lower bollinger bands and is currently at bottom band, poised to pump up to the top...at the same time that BTC...