$95K, A MUST SEE AND READ TO UNDERSTAND
Here I left out smart money moves despite the BULL SIGNALS.
Some have made some reports on a 3WK TF which is a possibility according to their analysis and very true, 3WK TF reads totally BEARISH but first we deal with 1 and 2 weeks timeframe.
I’ve used this form of analysis which estimates the coefficients of the linear equation, involving one or more independent variables that best predict the value of the dependent variable. Linear regression fits a straight line or surface that minimizes the discrepancies between predicted and actual output values. There are simple linear regression calculators that use a “least squares” method to discover the best-fit line for a set of paired data. You then estimate the value of X (dependent variable) from Y (independent variable).
Linear is at 2.09. Highest is 3.37. I’ve measured price range from 2.09 to 3.37 which gives us a 60.57% more to move up.
Then I’ve added price range to BITCOIN current price at $59,266 and extended the price range to 60.47% which gives us a price BULL RUN to 95k.
Even though it reads 95k, it’s just a Linear. I’m still staying with 85k because 85k is measured by PIPS with ATR.
I had to come up with a 3WK TF since others have painted it totally BEARISH by using price structure so I had to come up with a measure.
We in reality don’t know the outcome.
I say BULLISH and others say BEARISH. We wait!
Red BEARISH PLOT is too far out away from making its way to the candles which if it did come closer to the wick, then it reads for a huge crash. 3WK TF still reads safe.
If this idea has brought you some hope then some LIKES will be much appreciated.
I work hard so none of us fall into BAIT TRAPS.
Some have made some reports on a 3WK TF which is a possibility according to their analysis and very true, 3WK TF reads totally BEARISH but first we deal with 1 and 2 weeks timeframe.
I’ve used this form of analysis which estimates the coefficients of the linear equation, involving one or more independent variables that best predict the value of the dependent variable. Linear regression fits a straight line or surface that minimizes the discrepancies between predicted and actual output values. There are simple linear regression calculators that use a “least squares” method to discover the best-fit line for a set of paired data. You then estimate the value of X (dependent variable) from Y (independent variable).
Linear is at 2.09. Highest is 3.37. I’ve measured price range from 2.09 to 3.37 which gives us a 60.57% more to move up.
Then I’ve added price range to BITCOIN current price at $59,266 and extended the price range to 60.47% which gives us a price BULL RUN to 95k.
Even though it reads 95k, it’s just a Linear. I’m still staying with 85k because 85k is measured by PIPS with ATR.
I had to come up with a 3WK TF since others have painted it totally BEARISH by using price structure so I had to come up with a measure.
We in reality don’t know the outcome.
I say BULLISH and others say BEARISH. We wait!
Red BEARISH PLOT is too far out away from making its way to the candles which if it did come closer to the wick, then it reads for a huge crash. 3WK TF still reads safe.
If this idea has brought you some hope then some LIKES will be much appreciated.
I work hard so none of us fall into BAIT TRAPS.
Not
2 HR TF: candlestick with top, bottom wicks and body size has been confirmed as a genuine HAMMER on a volume chart.
Primary bullish: DRAGONFLY DOJI
Secondary bullish: HAMMER
Not
STOCH RSI has crossed the 67 on a 1D TF. Once the BULL MOMENTUM crosses the 67 when moving up, It’s rare to see it decline then one of my setups has confirmed a BULLISH DIVERGENCE on 8/13. Not
Checked my long snd short positions waves. They both follow MA as guidance, I went back into year 2021 and compared it with today.
This is one of my top secret analysis which is part of my algorithm which helps me understand today’s trend with histogram. I’ve used a 3WK TF and long position wave shows has not ended.
It’s following my MA guidance moving upwards.
Why has BITCOIN struggled ever since it made ATH? There a few reasons why. This one reason is because my short position wave has been moving downwards.
What do I learn from this? If my MA guidance with my long position wave has plenty of space to move up even though my short position wave is making a downwards fall. BITCOIN can’t come to a crash or to say huge correction.
If we were to correct with a huge dip, then long position wave with MA guidance would have to be like an overbought RSI. If this was the case then yes, I’d go BEARISH and would have called off all bullish ideas and mark them as void.
I wanted to share this and to also assure myself by being diligent and not throwing out there AIR WORDS acting like some MOON BOY.
Not
Today we had a 2 hr TF genuine HAMMER. Didn’t activate because I compared it with TA and wasn’t ready to flourish but now is. Hammers work great when compared to an oversold market
Not
Closing out into a morning star pattern on a 1HR VOLUME. Not
TRADERS: let me encourage you on a few things.
While many of you are thinking the worst of your investments.
I won’t regret writing up my analysis into an idea because it’s plain and clear what we have coming ahead and it’s ok not to take my words for this because after all, you know me very little and due to my lack of experience referring into to a professional, I’ve learned much in this past year.
I’ve got some pros and cons to share. I’ve shared them before but this time bullishness is being answered through price action.
Sadly many sold for FEAR. I don’t blame for those who did but what I drew out in this idea was to counter other 3WK TIMEFRAMES putting fear into your lives. It may not look as if this idea will get filled but will.
Today daily close has over turned the BEARISHNESS.
I’ll update soon on what to expect moving forward.
Not
I’ll leave you with this thought until my next update.
Go into a 6D TF but you must go under a volume chart.
On 8/10, BITCOIN closed with a candlestick almost forming into a dragonfly DOJI. This is considered the most bullish candlestick than the hammer but on a 6D TF, there is no doubt BIT will hit a new ATH.
You can’t void out the facts and wicks to the chart. The wicks tells us a story predicting what comes headed our way. No way possible we’re headed to destruction.
Neither can anyone say, well the 6Day TF isn’t used. Why wouldn’t it? If we use weekly timeframes then what’s 1 day before. Makes no difference and if anyone still insists we don’t use 6D timeframes then why has a 23hr timeframe worked than a 1Day timeframe. They serve purposes as well as for guidance.
To even say, it connected with a pattern called BULLISH HARAMI. This is almost so unbeatable.
Not
Sharks are pushing up the price and there is some whale movement finally seen.
These are the money movers despite whatever TA reads.
I would not be surprised if BITCOIN moved up 5k in one day. It’s barely 8/15. We still have until 8/28 to see BITCOIN near 70k.
Not
8/28; Will BITCOIN still hit 70k just like JULY? Will we see a magnificent SURGE by the WHALES?
What excites me, as I’m seeing their volume, it doesn’t read like a JOKE although I still need more confirmation despite what’s been unveiled to uptrend.
Emir iptal
Cancelled 
"You hear the wind, but where does it go?"
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
"You hear the wind, but where does it go?"
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.