Krown 2019 Apr 28 Flashcards
Google trends Kirby
Google trends search for bitcoin: perfect sell/buy monthly signals !!
STOCH RSI on W Crypto Crew Univ
STOCH RSI trendline governing force for priceaction for 900 ? days
https://youtu.be/xStxjNwFlUI?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=1530
MA on W how to judge BULL vs BEAR market
moon
20 SMA W SUP in BullM
20 SMA W RES in BearM
if break out with decisive VOL!!
21 EMA W ??
https://youtu.be/8iOiEqM-5dE?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=480
which MA was RES on the bearmarket at the beginning of 2019.
moon
200 EMA W RES in BearM 2018 Dec-2019 March
200 SMA W was SUP
https://www.dropbox.com/s/kxctpt6wm3mz6ne/Screenshot%202019-04-28%2023.20.37.png?dl=0
https://youtu.be/8iOiEqM-5dE?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=530
What was the SUP in BearM 2018 Dec-2019 March when (after) 6k got broken?
200 SMA W SUP in BearM 2018 Dec-2019 March
89 EMA W was before break (on the 6k level)
https://www.dropbox.com/s/kxctpt6wm3mz6ne/Screenshot%202019-04-28%2023.20.37.png?dl=0
Volume decline difference (BitStamp, Coinbase, Bitfinex)
moon
BitSTAMP, Coinbase, (Bitfinex) declining Vol with incr price in 2019 March, Binance not much, BITMEX not really
https://youtu.be/8iOiEqM-5dE?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=688
Which MA Governing the highs in 2018 ( good marker for sell)
377 EMA 8h Governing the highs in 2018 ( good marker for sell)
RSI on W in 2018 vs 2019
RSI W: i
n consolidation period (2018 July-Nov: BTC above 6000) > weekly SUP line
> later become RES: 2019 coming back to retest
Krown not an RSI person, but still prefers tp BB
https://www.dropbox.com/s/y8xfhy1g6qxrkq9/Screenshot%202019-04-28%2023.38.19.png?dl=0
BTC CME Futures
More weight on CME than on Spot markets, the question where CME closes w/r/t spots > gap filling
Weekend priceaction
not convincing, not by the profs, Futures are closed for the weekends; CME more important how it closes on Friday > weekend Bullish priceaction would be less important
Rising wedge
Typicly implies bearish nature (Vol signature declining) and bearish divergence or RSI formation (LHs vagy vmi wedgy like form)
CME close on Friday
Candle bellow the SUP (Trendline) with very low VOL (Immidiately bought up next day)
Beartrap; usually countertrend coming soon
https://www.dropbox.com/s/ecilddzzws9yy9n/Screenshot%202019-04-29%2014.42.49.png?dl=0
Holding SUP but rejected on the 200 SMA on 4H: how to think about breaking the RES ?
4H STOCH up > more chance to break up through (around RES and just turn around the SOCHs > good sign)
around the RES what to think
around RES and just turn around the SOCHs > good sign
RSI (D) in consolditation period
bearish neutral zone > rather bearish consol
RSI (W) in consolditation period is increasing but price little increase
nagy erofeszites and kis eredmeny > nem tul biztato
Ezt 2019 Apr 02 nagy BTC impulse UP elott mondta, what was anticipate by others >>
other readout: big powers are accumulating underneath which can move the price suddenly >>
prepare with breakout strategy
GBTC priceaction effect on BTC
GBTC leads and precipitates Spot prices
we do not see as strongly in 2019 Apr >> maybe CME is better now
10 SMA on 2W
governing RES for BTC 2018 Feb
not open and closed above it;
2019 March first time again to open/close above! > new bahaviour;
but 21/50 EMA 2W crossed down recently: paralell, no divergence, no convergence >> indicisive
https://www.dropbox.com/s/yrkblmk4rzdjsjt/Screenshot%202019-04-29%2014.53.45.png?dl=0
21/50 EMA 2W cross down
bad sign; getting away > more divergence from each other > momentum even greater very bad sign
later development:
but 21/50 EMA 2W crossed down recently: paralell, no divergence, no convergence >> indicisive
10 SMA on 2W open and close above + 21/50 EMA 2W crossed down
2019 March-Apr: cross down stronger bearish,
but test above the upper RES (in this case 89 EMA on 2W)
BB W open/close medium line
you mean above?
usually implies the test of the upper line of the BB
OBV upmove / in concert with a breakout of ascending triangle.
The Traveling Trader
safe trade with risk management; at least 2% move
https://youtu.be/3YJ7lsp1Kis?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=531
STOCs on 3D Krown
2017 Dec15: top after little top Nov21 pullback >> May 04 top >> July 27 top << all these governed down by a downtrendline >> now we hit it again, might break above? (2018 main bulltraps: May and Aug). edited alot : 3D STOCs: in BearM calls the TOPs:
2018 Jan, March, May, Aug (July 27).
can call the BOTTOMs too, if high/violant swings:
2018 Feb, Apr, in whole June staying down, Aug 10.
also called: 2018 Nov 24 bottom > price short swing up after but STOCs low > turned down again.
also called: 2018 Dec 15 bottom > price 3000; turn up untill price 4000 2019 Jan (but not hit the very TOP).
also called: 2019 Feb bottom: since > curved up > hitting top in 2019 Apr again
https://www.dropbox.com/s/t8moydr1ynntj2h/Screenshot%202019-04-28%2011.50.43.png?dl=0
important cross in 2019 Feb
50/89 EMA W >>. 89 EMA W still rejected in 2019 Apr
https://youtu.be/SWvLgeAbf1c?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=1160
important tests in 2019 Apr on M
10 SMA M and 21 EMA M > so far RES at 5200$
equity generally BULL or BEAR
21 EMA on M (BTC under since 2018 NOV) in 2014 July under fo long more than a year on BitStamp), tested 4 times > came up after the 4th 2015 Oct >> BULL; at that time did not play out as much, but beacuse BTC older now > has more weight than then
M general governer for 2019 spring
50 EMA M; broke down at the beginning of 2019 > if March close below > BEAR; if above > BULL
BTC new sign would indicate for breaking down in 2019 Apr (Krow)
200 SMA W < priceaction below this, but not untill (200SMA W: 3500$ at 2019 Apr, price 5000)
“alternative” signal showing the tops
Bitcoin NVT Signal, only on daily; in average it does stay up for a month, but it could be up for months too.. http://charts.woobull.com/bitcoin-nvt-signal/
good indicator for judging the bottom
Bitcoin Network Momentum when gains momentum > the bottom is over, and for the next rally it creates a SUP line >> the next major top put in when it breaks down bellow that sup line (good indicator if we reached the top or not)
the bottom is in when two things happen: gains momentum upwards (happening in 2019 spring) + breaks above the SUP line of the previous marketcycle) << not there yet
Bitcoin Network Momentum: value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoins price. It serves as a leading indicator of Bitcoin bull markets.
Sufficiently high levels of value throughput is needed drive bull markets.
Network Momentum, if it was corrected for Bitcoin
s expanding token supply, would essentially be Bitcoin Velocity. In other words an inverse chart of NVT Ratio. Liquid, Bitcoin`s first sidechain, went live 10 Oct 2018, taking volume off the main chain. Thus we can expect on-chain value throughput after this date to differ from previous baselines.
Network Momentum is a view created by PositiveCrypto.
https://youtu.be/SWvLgeAbf1c?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=1680
and indicator showing the bottom is already in (2019 Apr 07)
BCHAIN/MIREV QUANDL: the value of the mind BTC; Bitcoin Miners Revenue
Historical data showing (number of bitcoins mined per day + transaction fees) * market price;
when we chart it: the top of a cycle creates a trendline for the next cycle and it will be the bottom of the next cycle (we reached in 2018 Dec)
https://www.tradingview.com/symbols/QUANDL-BCHAIN/MIREV/
https://www.quandl.com/data/BCHAIN/MIREV-Bitcoin-Miners-Revenue
https://youtu.be/SWvLgeAbf1c?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=1900
Krown’s rule on short: never short anything…
had a Golden Cross + above 21 EMA D (Litecoin in 2019 Apr < very bullish, bottom already in?)
https://youtu.be/SWvLgeAbf1c?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=2020
Major market cycle characteristics for LTC in 2019 Apr
V shaped bottom, rally after with increasing VOL (despite of the Bearish warnings on RSI, STOCs)
https://youtu.be/SWvLgeAbf1c?list=PLya0RSwza9DQx3psP36G-7LxekpJvAjBl&t=2043