BTCUSD First TA of 2021!
Good day fellow traders!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
First of all happy new year! Today I'll be doing a quick introduction of my style of Technical Analysis. Since we are currently waiting for the upcoming short term patterns.
One of the techniques I have been using is obviously pattern formations. However I have taken it to the next level. Read my previous publishes from a year ago and you will discover that have I have been predicting this bull run ever since, calling this massive bull pattern: The Alpha Pattern / The End Game. Regardless not knowing it myself. That it would be this "accurate" to be honest. We have not only reached our target from then. The price is actually still rising.
In the meanwhile I have been learning how to use the most prominent indicators, combining them into an indicator and an oscillator. EMI1 & EMI2. If you have any questions about these indicators, leave a comment. Whenever I can I'll publish some prominent short term patterns in the crypto markets. For you to learn how to TA, I'll try to make it self explanatory as much as possible. But today it will be a bit different.
Long term analysis:
For today's long term analysis. I'll explain why I think that the bitcoin price could actually reach the price of decent houses, target: 250K USD region.
Looking at the previous halving, bitcoin went up approximately 2600%. That is 26x. Hence the reason I have been wondering. If history repeats it self and this is the first stage of this bull run. I believe bitcoin may go to 250K somewhere this year... I know this target sounds unimaginable. Of course history does not ALWAYS repeat itself. However, what if it does. 26x since the last "Halving" of 2020. That means the price could go towards 250K USD region. In addition we might see the same pattern forming once again, The DSI pattern. Obviously only time will tell...
Plan 2021:
- Analyzing current bull run pattern and short term patterns.
- Waiting for the next Alpha Pattern to form.
See you guys on the next TA and good luck!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
First of all happy new year! Today I'll be doing a quick introduction of my style of Technical Analysis. Since we are currently waiting for the upcoming short term patterns.
One of the techniques I have been using is obviously pattern formations. However I have taken it to the next level. Read my previous publishes from a year ago and you will discover that have I have been predicting this bull run ever since, calling this massive bull pattern: The Alpha Pattern / The End Game. Regardless not knowing it myself. That it would be this "accurate" to be honest. We have not only reached our target from then. The price is actually still rising.
In the meanwhile I have been learning how to use the most prominent indicators, combining them into an indicator and an oscillator. EMI1 & EMI2. If you have any questions about these indicators, leave a comment. Whenever I can I'll publish some prominent short term patterns in the crypto markets. For you to learn how to TA, I'll try to make it self explanatory as much as possible. But today it will be a bit different.
Long term analysis:
For today's long term analysis. I'll explain why I think that the bitcoin price could actually reach the price of decent houses, target: 250K USD region.
Looking at the previous halving, bitcoin went up approximately 2600%. That is 26x. Hence the reason I have been wondering. If history repeats it self and this is the first stage of this bull run. I believe bitcoin may go to 250K somewhere this year... I know this target sounds unimaginable. Of course history does not ALWAYS repeat itself. However, what if it does. 26x since the last "Halving" of 2020. That means the price could go towards 250K USD region. In addition we might see the same pattern forming once again, The DSI pattern. Obviously only time will tell...
Plan 2021:
- Analyzing current bull run pattern and short term patterns.
- Waiting for the next Alpha Pattern to form.
See you guys on the next TA and good luck!
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