CaptainCrypto retweeted
Bitcoin has been telling us the colour of the weekly candle three days before it closes.
I tested a Thursday pattern with a 96% success rate across nine years of Bitcoin data.
Every Monday, Bitcoin opens at a new weekly price. If by Thursday close the highest price of the entire week has not traded more than 0.25% above Monday’s opening price, the week closes red.
This has happened 24 times since 2017. 23 out of 24 closed red.
The median weekly return was -4.3%, the average was -6.8% and the largest decline was -27.8%.
The only failure happened in May 2019.
Since then, the pattern has triggered another 19 times with 19 red weekly closes and zero failures.
And this is not the result of one perfectly chosen threshold:
Within 0.25%: 23/24 red
Within 0.50%: 38/41 red
Within 1.00%: 77/85 red
The logic is very simple.
If buyers cannot push Bitcoin even one quarter of a percent above the weekly open in four full days, they are not controlling that week.
Every Thursday, save Monday’s open and check the weekly high.
Bookmark this and use it every Thursday.
Congratulations 🎊
𝟗𝟎𝟎𝟎 𝐒𝐓𝐑𝐎𝐍𝐆, 𝐓𝐇𝐄 𝐏𝐀𝐂𝐊 𝐍𝐄𝐕𝐄𝐑 𝐒𝐓𝐎𝐏𝐒 🦊
This strong family has grown and reached to 9,000 members!🫡🔥
Thank you all so much for your support. As long as we have this strong family by our side, we will continue to push forward with full strength, improving step by step. Our energy is always at its peak because we receive this energy and support from you guys every single day. And, as we have always Promised, we have strived to deliver the best possible results.
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CaptainCrypto retweeted
𝟗𝟎𝟎𝟎 𝐒𝐓𝐑𝐎𝐍𝐆, 𝐓𝐇𝐄 𝐏𝐀𝐂𝐊 𝐍𝐄𝐕𝐄𝐑 𝐒𝐓𝐎𝐏𝐒 🦊
This strong family has grown and reached to 9,000 members!🫡🔥
Thank you all so much for your support. As long as we have this strong family by our side, we will continue to push forward with full strength, improving step by step. Our energy is always at its peak because we receive this energy and support from you guys every single day. And, as we have always Promised, we have strived to deliver the best possible results.
Join the Foxian Family
discord.gg/foxianorg
sei-network:native UPDATE
Price is currently trading within a falling wedge pattern, and a breakout will determine the next move. It is advisable to wait for a clear breakout before opening a new position. Resistance Area: $0.06600-$0.06700
$ETH/USDT UPDATE
ETH is currently trading within the horizontal demand zone following a strong rejection from the resistance trendline.
A strong rebound from demand could trigger bullish recovery. However, A confirmed demand-zone breakdown could trigger further downside.
$VIRTUAL 😶
nitter.cf/CaptainCypto/status/21…
algorand:native/USDT UPDATE
algorand:native has broken out of the descending triangle pattern with significant volume, signaling strong bullish momentum.
A successful retest and hold of the breakout level could provide strong bullish confirmation and trigger further upside.
CaptainCrypto retweeted
The next big retracement about to happen on Bitcoin?
USDT Dominance has been insanely accurate on this through last 2 cycles.
CaptainCrypto retweeted
𝗜𝗣𝗛𝗢𝗡𝗘 𝗗𝗨𝗘 𝗚𝗜𝗩𝗘𝗔𝗪𝗔𝗬? (𝗪𝗢𝗥𝗧𝗛 $𝟮𝟬𝟬𝟬) 💣
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