BITCOIN & ETHEREUM Report 1st April 2020

BITCOIN PRIMARY & WEEKLY CYCLES

I still continue to see BITCOIN going into the APRIL lows.

March Resistance will most likely continue for the rest of the week and then push lower from next week. However the resistance does disappear and it could move higher into 7875.

We still view BITCOIN is a BREAK & EXTEND pattern from March into April lows.

If we look at previous price action in BITCOIN, the downside targets normally reach in the 3rd week of the Month. Therefore we want to be looking for lows 20-24th April.

The ideal price action is for BITCOIN to move down and then swing up  - SETUP A

SETUP B

finds support then moves sideways into MAY and then drops down into the 2020 lows of 2966 and as low as 1766

ETHEREUM Primary & Weekly Cycles

Ethereum is slightly different, as it's being supported around it's MARCH lows and could swing upwards (SETUP A)

However, Support does disappear at the end of the week and with a view of going down, along with BITCOIN - SET-UP B

BITCOIN ETHEREUM REPORT 28TH MARCH 2020

BITCOIN PRIMARY & SECONDARY CYCLES

Resistance levels in  BITCOIN  (6613 - 7063) (previous Report)

After hitting resistance, I'm now leaning towards

BITCOIN moving down towards the 2020 lows.

The Break and Extend Pattern would ideally like to follow the trend lower into April's lows for the Next BUY Zone, which ever comes first.

Ideally the BEST BUY ZONE would be as low as 1786, but anywhere in between that and 2986

BITCOIN HASN'T MOVED DOWN INTO THE 2020 LOWS, BUT INSTEAD HAS STALLED AROUND RESISTANCE LEVELS FOR THE PAST 7-DAYS.

THOSE RESISTANCE LEVELS DISAPPEAR NEXT WEEK, AS WE MOVE INTO APRIL, SO THERE'S COULD BE A REASON FOR IT TO MOVE HIGHER AND UP TOWARDS 8199 (2020 50%)

HOWEVER, IF WE FOLLOW PREVIOUS PRICE ACTION IN BITCOIN IN THE WEEKLY CHARTS AND ADHERE TO THE DILERNIA PRINCIPLE OF BREAK AND EXTEND IN THE MONTHLY CYCLES, IT SHOULD CONTINUE DOWN INTO THE APRIL LOWS

NOW THAT MIGHT NOT HAPPEN FOR ANOTHER 5 DAYS.

THEREFORE, EVEN THOUGH BITCOIN CAN GO HIGHER, AS RESISTANCE DISAPPEARS, i'M STILL LEANING TO MORE DOWNSIDE

ETHEREUM PRIMARY & WEEKLY CYCLES

THE SAME APPLIES WITH ETHEREUM, IT MAY MOVE HIGHER INTO 177/186 (RESISTANCE)

HOWEVER, I WOULD PREFER TO BE A BUYER AT MUCH LOWER PRICES IN APRIL

(read previous report on Ethereum for a more detailed analysis)

ETHEREUM REPORT 24TH MARCH 2020

ETHEREUM PRIMARY & WEEKLY CYCLES

Primary Cycles bearish...(below 2020 50% level)

Secondary Cycles bearish - currently hitting resistance 50% level @ 148.44

Support around the Monthly lows.

3 possible patterns that may play out...(A,B,C)

A. sideways until April and then moves up into the next Secondary 50% level @ 171-7 and then down into the 2020 lows

B. another wave down next week into the 2020 lows

C. next BUY around the 2020 lows for a swing up towards the 2020 50% level

BITCOIN Report 20th March 2020

BITCOIN Primary & Weekly Cycles

break and extend pattern into the APRIL lows and also the 2020 lows at

2986 & 1786

Resistance levels in  BITCOIN  (6613 - 7063) (previous Report)

After hitting resistance, I'm now leaning towards

BITCOIN moving down towards the 2020 lows.

The Break and Extend Pattern would ideally like to follow the trend lower into April's lows for the Next BUY Zone, which ever comes first.

Ideally the BEST BUY ZONE would be as low as 1786, but anywhere in between that and 2986

BITCOIN REPORT 13TH MARCH 2020

BITCOIN PRIMARY & WEEKLY CYCLES

So much for BITCOIN being a safe haven.

Breakout of Monthly lows and I'm expecting BITCOIN to follow it's break and extend pattern into the APRIL lows and also the 2020 lows at

2986 & 1786

Resistance levels in  BITCOIN - 6172 / (6613 - 7063)

Keep an eye on your 5-day trading patterns

BITCOIN 9th March 2020 Report

BITCOIN Primary & Weekly Cycles

Primary Cycles remain Bullish.

If looking for short-term 5-day/ 10day high break outs, then around 8666 is your trend guide and random support level. (Previous Report)

BITCOIN, ETHEREUM, XRP Crypto Reports 3rd March 2020

Ethereum Primary & Weekly Cycles

Remains bullish with $199 as Support

XRP Primary & Weekly Cycles

Primary Cycles remain bearish, with price trading below the 2020 50% level at .2926 cents

Current Supported above the secondary 50% level at .2287.

I would think if BITCOIN (read below) and other Altcoins are in bullish trends, XRP will follow.

Look for 10 day high breakouts.

Otherwise, next long term buy resides around .1750

BITCOIN Primary & Weekly Cycles

Primary Cycles remain Bullish.

If looking for short-term 5-day/ 10day high break outs, then around 8666 is your trend guide and random support level.