When The Direction Is Unclear, Change Your Perspective (BTC)

2021년 7월 11일

The initial descending wedge I noticed in my previous BTC idea

turned out to be part of a much larger wedge on the daily chart, which is quite hard to notice, unless you flip the chart upside down.. If your bias does not change, then you're looking at it wrong.. BTC is 'bearish' to those who haven't changed their perspective while looking at the chart.. And by doing so, a hidden trend is revealed... If this pattern played out in a normal situation, you'd expect the exact same thing to happen as indicated by the chart, however, notice the scale, it's inverted :)

Now... When you flip the chart back to normal, it reveals a pattern that really should be 'obvious' but it's quite difficult to remove the 'bearish bias' that most have, which is preventing them from seeing the large wedge on the daily chart...

Now that everyone is fearful, Smart money is acting greedy with regard to BTC...

BTC is deceiving us all.. It is silently mooning... Big money needed time to join the market...And their time is running out...

Get ready for the 'dump' (Actually means pump given the inverted chart)...

I've included an initial expected target upon breaking this major wedge & will re-assess once we've reached it. Stop-loss also added in event pattern is invalidated.

Previous BTC ideas below:

Good luck everyone, & good trades be with you.

*Ticker symbols below, ignore these*
BTCUSD SATSUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD BLX $NASDAQ:BLX BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT

2021년 7월 12일

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Having a look at some of the weekly indicators, which are showing signs of potential bullish reversal!

2021년 7월 12일

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Here is a similar look on 3-day chart:

2021년 7월 12일

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Daily chart major bullish div on daily fisher transform


MacD daily bullish div


Stoch RSI showing both major & local bullish div.


Same situation with Ultimate Oscillator


Commodity channel index multiple bull div's


RSI double bull div

2021년 7월 16일

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Weekly fisher transform bullish signal

2021년 7월 16일

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2-week MFI hovering on support

2021년 7월 16일

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3-day MFI macro bulldiv + local indication of bullish reversal

2021년 7월 16일

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3-day CCI hinting to bullish continuation

2021년 7월 16일

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3-day RSI bullish signs

2021년 7월 16일

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Daily MacD

2021년 7월 16일

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Daily RSI

2021년 7월 16일

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Daily CCI

2021년 7월 16일

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Daily Fisher Transform

2021년 7월 16일

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Daily MFI

2021년 7월 16일

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12hr MFI
12hr CCI

12hr RSI

12hr MacD

2021년 7월 17일

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Renko confirming this ideas bias

2021년 8월 30일

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2022년 7월 31일

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Related charts are scattered throughout this idea: