Skip to main content

Alt Season (2021)

Alt Season (2021) - Remaining Growth From The Current Price


Near Target    Mid-range    Far-from Target

Comments

Popular posts from this blog

Bitcoin (March 18-30): Integrated Gann Fan Analysis & Trades

https://invst.ly/6-gn0 In this chart you can clearly see how the time & price are related when the fall happens in early Gann angles (1/8 to 1/2) & then the price pulls back as a bear flag & then takes time until it reaches the Gann 1/1 (45deg angle). That severs as a resistance and the price moves along this line until it completes the correction cycle i.e. ABC. Then the price breaks out and results in a swing i.e. bull run since it is over 45 degrees & chances are greater that BTC will either move sideways or do a bull run. Based on this, I decided to go long.

Bitcoin Arrives at the Next Swing Zone (Oct 18): A Major Move with 6 Months Long Trend Ahead

Throughout the year, I have been following just one Fibonacci time zone prediction that worked very well. Whenever BTC arrived closer to these zones, something has to happen for some reasons: (a) Previous trend was losing steam (b) Extended cosolidation June 24 was the best example though when BTC closed below support (6K) & recovered in the following day. Thus, the swing zone prediction worked very well and the declining trend put a rally that gave significant profits. The rally failed an till Oct 18, the zone held the support & never closed above 6135 (on GDAX). If you see my previous analysis, whenever BTC lands on the support, I kept on finding evidences of volume/momentum divergences. What do we see now is that BTC holds the support with regular and hidden divergences against the volume and momentum indicators. Recent events, drop on Oct 11 to 6135 & breakout on Oct 15 of 6800 both turned fake. Here is a chart annotating the four fake drops, which held the ...

Bitcoin: The Golden Ratio

The price movement of BTC has several highs and lows. Timing the future is often unrealistic and many investors, who don't know math very well, stay away from a technical analysis. Often they totally ignore the power that such analysis may bring. Here is an example of BTC from Dec 2017 to March 2018. BTC is in fact following the golden ratio. If we would have known this before, we would be have been trading more effectively than we did in past. You can recreate such a map in your platform and then trace ahead the expected swings. I would advice to consider 5-10% error always due to news. As soon as this golden rule is broken like 15% error, you don't trade with this. While I am waiting for a breakout at 11.8, I thought to share this idea. Crypto Short