reynar

reynar

Preface: I know some may not understand where do those circles come from... But if you look at my previous works they tend be accurate - keep reading. This is still a theory in the making 'tho. I'll start with "classical" theory first, then I'll be talking about my own method. If you like this analysis make sure to "like" - it helps :) "Classic view": i) 6350...

reynar Updated 

TL;DR I am expecting a slight pump (motive) wave inside the correction that we are in right now. (see 'c' to 'd' purple line). This MAJOR correction started when BTC fell from 10k and it *COULD* end at $4.7-5k over the next coming weeks. But we shall talk about this point when we reach it. Right now, we are in a 3rd subwave of correction which should be followed...

reynar Updated 

Buyers beware !!!! 5000-5400 satoshi range seems like a decent enough entry. As close to 5000 as you can get - the better. But those volume spikes keep me guarded against this one. It seems very risky. I would recommend watching this trade throughout its journey or with a good stop/loss in place. Read on for more details: MTL -1.79% looks like it is ready to...

reynar Updated 

Check previous chart for a more "zoomed out" view: If the last week has been an ABC correction, TRX 7.09% might go for a 3rd Wave Movement. We have two short term resistances to pass right now before going up. Watch those FIB levels! (left side of the chart). Resistances (short term): 612 and 650/660- satsoshi . Support: 560 and 530 (hopefully it will not...

reynar Updated 

WPR is becoming more and more publicly acknowledged. I think it might be ready to show us what its got. But first... It might correct a bit more. Purple count might also be viable, but I believe it to be a bit unlikely. If PURPLEcount is proven correct, then the bull run is ready to start. If YELLOW line is proven right, then the 3rd motive way is delayed a...

reynar Updated 

You may be unfamiliar with how I draw those circles. It is my own brainchild and its hard to describe here (see related ideas) But, it worked like charm for the last month and so I continue to perfect it. Basically, what to understand from it: The price will move within on of the inner/outer circles. The high point of each circle = resistance ; now it's...

reynar

If the last week has been an ABC correction, TRX might go for a 3rd Wave Movement. We have two short term resistances to pass right now before going up. Watch those FIB levels! (left side of the chart). Resistances (short term): 612 and 650- satsoshi . Support: 560 and 530 (hopefully it will not touch 530 again. If it does, then this rise can be much lower...

reynar Updated 

First a small intro: THIS IS JUST A THEORY FOR NOW. CONSIDER THIS A TEST OF THE THEORY. I'm letting the chart on a larger scale, to expose the rather unsettling movement in the left corner. Notice how the price moved PERFECTLY between the intersection of 3 circles. It is.... scary, a bit. I came to this idea by thinking about satellites. You know how they work? 3...

reynar

As you can see, BTC has been trapped in that section of the the ficb Circle for some time. I expect to touch the RED ARC at some point in the future. If it happens soon, we will be down to 7800. Otherwise, we will have more sideways movements. It might drop to 7600 also, and that would cause it to became a little bit more bearish and a little bit more...

reynar Updated 

As the title says... BTC is currently encapsulated in a Fib Circle. I expect to move around the Turquoise & Blue Circle for a while. Breaking 9000 and staying there would be a good bull run confirmation for me. We shall see how it develops. For now... it will bounce between those circles.

reynar Updated 

For a ZOOMED OUT view - see related ideas. If the last week has been an ABC correction, TRX might go for a 3rd Wave Movement. An ABCDE correction might still form, making it go back 480 sats. If that happens, we have more waiting to do, unfortunately. We have two short term resistances to pass right now before going up. Resistances (short term): 530 and 560...

reynar

For more details, see linked idea. This is just a zoom-out to see the bigger picture.

reynar

I believe BTC -0.15% will form a pennant at this level between $7500 and $8300. Falling below purple line is a bad sign. LEGEND YELLOW: Uncertain scenarios are painted with yellow lines Possible critical areas are in yellow boxes. GREEN: Bulls taking over the market and taking the price upward. BROWN/ORANGE: 1) Possible corrections if pump happen OR...

reynar Updated 

TRX jumped out of nowhere earlier today. (I've been told in the comments it got pumped because of a listing) Spectacular and all that. But a jump this big, this fast always has a consequence : running out of steam very fast. MACD 2H looks as surprised as we are, right now. :/ So, I'd say TRON is looking for some Snickers right now, to be ready to make the next...

reynar

LEGEND: RED - Resistances YELLOW - possible support/resistances LIGHT BLUE - Trend Support It looks to me like BNB has finished a 1-3-5 Motive Elliot Wave yesterday. I'm currently expecting a correction to a maximum of $11 - based on the current trend support. Right now BNB seems to be forming a triangle. But I'm not sure yet as to *where* is the end of it. I...

reynar Updated 

First a small intro: THIS IS JUST A THEORY FOR NOW. CONSIDER THIS A TEST OF THE THEORY. I came to this idea by thinking about satellites. You know how they work? 3 satellites triangulate their signal to find an intersection and 4th one is the reference. I thought: "Hey, could I apply something similar to charts?" The business part: TL; DR; Based on this...

reynar Updated 

Update to the previous chart: I've noticed the current channel we are in. I'd say we are gonna hit the bottom again at some point. MACD on 12H is diverging and 1D shows signs of divergence. Also, if it continues to fall, the above mentioned ABCDE correction would be proven wrong. Then, we would actually be in a 3rd Wave, and two more waves might be incoming.

reynar Updated 

Bitcoin looks like it is finishing a 5th Wave Correction right now. But where is it gonna end, and what will it do afterwards? That is the question. We are seeing major support at $7200, but if that fails, we will move on to $6900, maybe even touching the $6700 support that is all the way up from October. If this last support (6700) fails... Prepare for some...