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Centered Oscillators

Has Bitcoin made it to the top yet??Hi! In this analysis, I present the arguments to show what many renowned traders already claim: Bitcoin is only at the beginning of an uptrend. Why do we have a strong uptrend? In the red lines of the Bitcoin graph, we have the historical tops. Below, I configured the CGO (Center of Gravity Oscillator) with a period of 200 days, using a Fibonnaci retraction that goes from 100 to -0.382. In this indicator, we can see that we still have a lot of room to rise. Why haven't we made it to the top yet? We have a very interesting indicator developed by David Puell called "The Puell Multiple". Basically in a nutshell, it identifies when miners are taking an abrupt and very unusual profit taking. When we have a peak on this indicator above the red dotted line, we clearly have a top. In the marked rectangles we can consider a possible exit point. In the fall we had a few months ago, we can see that it didn't happen, so we still have a new top to discover.
BNC:BLXLong
by andre_007
John B. says 90% chance for a brake outI'm looking at TXMD again. Still bullish. Only TA, no fundamentals this time: The Bollinger band is an interesting tool that tells us now -as price is at the lower band (oversold) and in a situation when the band is very contracted (squeezed)- that likely a brake out will follow. Add a positive divergence to it on the MACD and on the the RSI along lately (in relation to the price) and you get the idea: we are going UP. But don't get too excited too soon when price moves, as last time (see my link below) traders sold off at about the 100% profit mark. And as supply/demand determines price...we fell back. Now the opportunity is even bigger. I'm expecting a 10x on this one long term. Speaking of time frames, the chart we are looking at is a 10 year period. We are now at all time lows (and as just mentioned above, at an all time narrow squeezed scenario), so the odds we are going to the moon are quite good. Some fellow retards on Reddit talked about this before, that it's going to $24. I'm not sure why that number, but I can't say it's impossible. BTW, I like the stock ! Pro analysts consensus is above $5 (for 12 months), my own mid term PT is still $7 (for the next 2-3 years) and right now the stock is worth about $4 IMO.
NASDAQ:TXMDLong
by janfoux
5
Ethereum in clear uptrend(ℹ) Perhaps the best way to analyze the value of an asset is with Bitcoin, and not with a government-owned coin that only loses value over time... The long uptrend we're in started in January/2020. We can consider that we are in wave 4, and in this wave 4 we are in an ABC correction, where the drop was rejected, corroborating the beginning of wave 5. By plotting the Fibonacci projection, we can reach the price of 0.10 BTC per Ether at the 61% target, and 0.14 BTC at the 100% target. Pitchfork demonstrates rising bottoms and possible tops. In the Center of Gravity Oscillator configured with a 21 week period, we can see a weakening in the falling movements. Added to that, on the fundamentalist part we have the rapidly expanding DeFi ecosystem, and the crypto market as a whole that will sooner or later swallow up the traditional market, protecting us from corrupt politicians who throw money into the hands of a few bankers who pay bribe.
Long
by andre_007
Correction Almost Complete!Money Makers! If you look at my previous ADA post, I CALLED IT PERFECTLY!! This project is now at the bottom of the channel and looking to move higher. Its been consolidating for quite some time and it can possibly drop another 8% to the bottom of the channel before trying to retest the top again, which would be a 70%+ gain on investment if you HODL long enough! The MACD is squeezing and building up to make a strong move and the RSI has been hanging out in the oversold area but on its own support. These are great signs that a big bullish move is coming as long as BTC decent dump! Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice. Simplicity Wins
Long
by rnaofs
1
BTCUSD $56-58k action area Likely BuyBTCUSD tagged April highs and immediately began a zigzag retracement down, which may be near completion. A common target for a retrace is -38.2%. Expect either a strong bounce and move to new highs, or a drop to -50% to -61.8%. If below -61.8%, expect further breakdown. Check previous post commentaries added below main entry to anticipate. We took most profit above $66k and have been awaiting the -38.2% retrace for adding all in. Looking to add around $56 to $58,000. I've been posting preemptively so you can be ready and not need for me to post again If 13 CCI crosses up thru a Down trendline that will be the Long signal. If that happens, the next plan is to watch for any CCI short signal, which would be CCI crossing down thru an Up trendline, and a sell
BITSTAMP:BTCUSDLong
by nicker
BTC.USD D Still Long CCI tlbEncouraging price pattern but not totally in the clear. Any move below 41260 wud have me out. But pattern possible now could mimic move up Jul 20 – Aug 1, ~11 days, w 52,000 in sight I’d expect at least that many days, 11-15 days (with some drop around 6 days). We r in day 3 up now, and I’d expect minimum move up to ~52000 mid Oct, then a drop back of 40% of move up from Sept 29, then a really big but torturous move up to 65,000 early Nov, then a time consuming down/up/down/up/down in a 12,000-20,000 range, then a fast burst >~80,000. That’s already a lot of speculation, albiet experienced. If sort of correct, I’d then expect a long drawn out wide-range consolidation, then more up, possibly big Unless things change considerably I won’t need to post again for a few months. Benchmarks are here Best wishes!!!!!!!!!!!!!!!!!
BITSTAMP:BTCUSDLong
by nicker
4
WIN curved channelThis is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters. Even if I'm following WIN for some time, this is my first draft attempt to find a channel for this chart. Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
by heroselohim
6
BTC Short Setup followed by a LONGAll the signals I use for a short are confirmed here unless we make another move up soon. First, we got rejected by one of the most important resistance levels. Then we have the 3rd bearish div on the 4hr RSI, decreasing momentum, the volume spike levels are dropping, and the OBV is flattening out. Try to find a good entry and good luck but... be careful! The only support I would be careful of is the 4hr 50EMA/1hr 200EMA(they are pretty much the same). I say this because the last short idea I posted I specifically wrote in the comments to close the short at the 1hr 200EMA, and that is exactly where it bounced; because of historical TA, those levels cause large bounces when BTC is very bullish so be careful! If the 4hr 50EMA holds, we will test the 58.4k resistance level again. If the 4hr 50 EMA doesn't hold, I expect the dump to go down to around the 4hr 200EMA. I would close my short just on or barely above the 200EMA or at least close 50-75%. If the 4hr 200 EMA holds then I would long ASAP once it is confirmed because it will probably then go to test the previous ATH.
Short
by PureHopiumTrader
6