roaken

roaken

So a lot going on here. Using the curve tool without altering it to fit a curve (base curve shape), I found that BTC would be below the curve after all time highs (ATH), then shift to above the curve until the next ATH. This essentially is the Moving Average. Using a curve for ATH and ATL we get a range to expect for the future. Using ratios of Bear market (RED...

roaken

I charted this over a year ago, looks to be playing our perfectly. If there was ever an example of an Elliot Wave, this is it. Looks be responding to the final C correction at 165. I Sold at 325, bought back in at 170, so far so good!

roaken Updated 

So I guess stay at home orders world wide and attention online correlate. BAT just took the fastest curve to success ever. I'm doubling down.

roaken Updated 

Everything's pretty self explanatory, just expounding on previous price action between FIB levels. Only thing that's eyeballed is the angle of the bear market before returning to the grey line. I found it pretty cool that 100k BTC price was the natural target for both wave B and final price. Maybe 100k BTC will make it easier to price things around.

roaken Updated 

Here's a visual analysis of the previous market cycle and how we've repeated it up till now. Each color box matches the other in structure location. So if we're at Cyan, then there's still room to grow Notice our previous all time high didn't touch the top of the channel. I can image this next all time high will be a % lower as well. Like a setting sun pattern...

roaken Updated 

Looking at previous structure and applying same FIB levels to current structure It looks like 52k will be the end of this bull run for now. Pull back to .236 levels at 37k before eventually finding that 92k level 1:1 FIB extension, but maybe we'll see 100K as it's SUCH A BIG NUMBER. I doubt it, we missed 20k back in 2017, history will most likely repeat. Oh also...

roaken Updated 

Looks like a very clean Elliot Wave. That being said, looking for the ABC correction before moving to new highs. I'd expect a bounce at the .5 FIB level as well, but not enough to break wave B. The .618 looks prime for a bull market bounce with aligning FIB level on major all time high support level of $492.

roaken Updated 

Now that we've confirmed a new all time high, we can deduce that the previous low completes our last structure. We can now confidently draw some lines • FIB extension shows 1:1 of $72k BTC. • GREEN - drawing ice lines on lows and highs shows an ascending wedge pattern. • YELLOW - from low to high these lines show angle of aproach on previous structure duplicated...

roaken Updated 

BAT has recently incurred some steep buys w/ no follow through. Product is good, and more used now than ever. w/ Elliot Wave Extension tool we can see that the 1:1 ratio does not exceed to lower lows. I believe we can now look at this as a 2nd wave and expect and Fib Extension to higher highs. time will tell.

roaken

As you can see by my chart. XRP most likely will find it's top at $159. It's science.

roaken

I know how to chart sober. what about super stoned? Ok, can't explain this one right now... see if you can follow the bread crumb trails :)

roaken

Here's a quick chart I put together mimicking BTC's last recovery from bear market. One line of specific interested to me is the base line that I placed based off of the turning point BTC. I see a lot of confluence here and I think we'll see this line on a lot of peoples charts in the future as a new baseline support. What do you think? July 2020 until anything...

roaken

This chart is a continuation pattern chart. Simply points of confluence dictating the trajectory of the fork. Support pushes bull movement start. Final resistance at $220 after 2 resistance points along the way.

roaken Updated 

With the massive plunge recently, BTC pushed through its main support line that was keeping it "parabolic". This being said, BTC must find a new support line for this next wave, and there's no clear contenders. 2015-2017 shows a line that BTC continually beat on. BTC's last recovery followed the Gann Fan tool quite well. I've looked for similarities between the 2...

roaken Updated 

I've been researching Bitcoin's previous major structures, especially 2014 to find patterns for how BTC recovers from large motions like this. Chart Key: GREEN: Best Case Scenario YELLOW: Most Likely Scenario RED: Worst Case Scenario (Matching the 2014 bear market) 1,2,3: The 3 major waves before breaking the downward trendline GREEN BOX: "Bull Trap" Happens...

roaken

Running a Curve on our bear market plunge, I see BTC is forming a curve that may result in a bowl reversal pattern with hard resistance at 4231 and 6015. 3477 Support can also be found on BTC history as support and resistance and represents the first candle that confirmed BTC was bullish past 6k. Good sign to see this break out of this channel. December 1st Bull...

roaken

BTCUSD: 1 Day Candles, Log Using the fork channel tool and counting the major highs and lows I've put together this chart that may indicate where we are in the market cycle for BTC by comparing our current structure to the 2014 bear market cycle. I would note, the 2014 bear market was caused by major security threat FUD, while our current cycle is price...

roaken

Classic pattern here. Looks like it's played out and we'll be going down a bit further before the next structure. Following the indicators and day candles trend I'd say a flash crash or a neutral long and out are the most likely scenerios. Either way, no profit to be made and high risk of big drop.