Timing the market

تم تحديثه
The original idea was made in the first half of the year downtrend. I decided to continue this ridiculously simple idea because it was definitely quite accurate and helpful in maintaining self-confidence during the depression phase. Hope and optimism bring their own challenges.

Orignal idea:
Bitcoin madness in comparison


Dated new All-Time-High @ Mon 11 Nov 2024
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On the one year candle chart we can count one year red and three years green (white here).
From this simple perspective, Bitcoin has entered the second of three positive years.
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This will probably either be my worst or best idea ever.
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Technically it broke All-Time-High yesterday, it was a lot faster than expected and therefore a success in what this idea was meant for: maintaining mental stability for holding a market position.
Daily:
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Weekly:
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Somethings to look out for:
- close to a new potential price discovery
- current high funding rates, open interest
- technical indicator resets even though price discovery is mostly psychological
-- concerning 4h, Daily and Weekly timeframes. Higher timeframes like the Monthly, Three Monthly and Yearly are mostly still green light.
- Moms, dads, uncles and their dogs buying or not. Listen around.
High Volatility is to be expected.
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Updated Volume Pattern idea chart as the date comes closer and it may or may not be of importance.
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Weekly +5d till close snap with updated chart and set date
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Daily +6h till close
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Weekly +2D till close
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Monthly +13D till close
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Yearly +2M 14D till close with volume pattern
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Daily with new red D below resistance
*changed signal ema value from 5/30 to 3/12
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Daily - Hit the long term curved resistance line
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ATH on 2024-11-06 03:05:00 UTC
Four(4) days before dated target of 2024-11-11. Ain't that something!

Weekly +5D till close
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Today is the day. It indeed is ATH.
Weekly
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Daily
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