Tag Archives: support

Bitcoin Support and Resistance

Bitcoin support.

Bitcoin resistance.

Oh no – not another bitcoin post!

Isn’t there anything else going on in the word of astro-trading?

Of course there is.

But the fact is, bitcoin continues to dominate the trading conversation.

And most of the conversation about bitcoin is focused on just how high it can go.

There’s not much market experience or trading savvy in the the conversation, though.

Most of the players and speculators aren’t talking about bitcoin support or bitcoin resistance.

They’re only staring into the stratosphere.

Why Bitcoin Support and Resistance Are So Important

Whether your focus is short-term profit or long-term security, it’s critical to have specific price levels in mind.

You need to establish some expectations of support and resistance zones.

bitcoin support and resistance
Planetary price lines can help establish bitcoin support and resistance zones.

A support zone, by the way, is a price range or a price level that provides a floor for trading activity, an invisible barrier that somehow prevents the price of bitcoin from falling any lower.

A resistance zone does the exact opposite.

It defines an upward limit, an invisible ceiling that keeps rising prices under control.

If bitcoin support or bitcoin resistance get broken with significant trading action that’s either below or above these boundaries, respectively, it delivers an important message to active traders.

So you’ll want to pay attention to those bitcoin support and resistance zones.

If you know what they are, you can make more informed trading decisions.

You can reduce your risk.

And you can also reduce your blood pressure!

Calculating Support and Resistance

As you try to figure out where those critical price levels lie, you can look at trading charts.

You can use your intuition, or just make a blind guess, a shot in the dark.

You may even have a complicated formula that you use to fine-tune your calculations, in an effort to use excruciating precision in setting up your forecasts and expectations.

Or you may want to use astrology.

As I noted in a post a few days ago, there are powerful astrological factors that can work wonders in identifying key bitcoin support and resistance zones.

I talked with Larry Pesavento about them yesterday when I was a guest on his Trade What You See program.

Here’s the video of our discussion during the broadcast:

Planetary Pairs in the Markets

Planetary pairs are one of the keys to effective analysis in astro-trading.

What are planetary pairs?

Basically they’re just two different planets that are used in combination to determine the characteristics of specific market action.

Different planetary pairs can be used with different stocks.

Ideally the planets involved will not only connect with the trading action, but will also relate in some way with the characteristics of the company as well.

But even if you’ve managed to select a good pair, it may not last.

Sometimes the trading energy for a particular stock will shift, and the planetary pairs will no longer describe the trading action accurately.

When that happens it’s up to us as astro-traders to examine other potential combinations of planetary pairs. We begin the search for what’s working now.

Picking The Best Planetary Pairs For Trading

Sometimes that search can be pretty frustrating.

We may look through dozens of planetary pairs, seeking in vain for the precise combination that fits the behavior of the stock we want to trade.

At other times the process of filtering through potential planetary pairs takes almost no time at all.

With a flash of inspiration, the perfect combination seems to appear magically!

But what is it that makes the perfect combination?

Fast and Slow

Ideally, you’re looking for one fast-moving planet and one slower-moving planet.

The faster planet will often help define trading trends, while its slower-moving companion helps structure key zones of support and resistance.

And fast and slow are always comparative.

Mercury is faster than Jupiter, but Jupiter is faster than Pluto.

Generally speaking, though, when you pick a fast planet you’ll be selecting the Sun or the Moon, or Mercury, Venus, or Mars.

For slower-moving planets you’ve got lots of options.

Transneptunians As Slow Planets

The Transneptunian Factors are particularly slow moving, which can make them extremely useful in constructing planetary pairs for market analysis.
TNP Transitions Planetary Pairs

We discussed this briefly in our recent webinar on the current Admetos action. Our focus was “The Hidden Transneptunian Transition Just Ahead” – the session provided an in-depth look at some critical factors other financial astrologers have overlooked. The webinar recording is worth downloading and reviewing in detail.

A Free Resource From TradersWorld


As a result of some focused research on the importance of planetary pairs, I wrote an article which has recently been published in Issue #63 of TradersWorld magazine. It takes a detailed look at the importance of this kind of planetary calculation, and why it’s so critical for astro-traders to include it in their work.

Thanks to the generosity of Larry Jacobs, the editor of TradersWorld, you can get this information for free.

Not just the article I wrote, but the complete Issue #63 in its entirety!

It amounts to 161 pages of great information on trading and market analysis – you’ll find it enormously useful if you want to expand your personal effectiveness as an astro-trader.

Just CLICK HERE to get your pdf download of the entire issue as an instant delivery.



How Low Will Gold Go?

The selling pressure in Gold continues to defy the pundits and dismay the Gold Bugs, and at this point there doesn’t look like there’s a clear-cut end to the decline in sight.

It’s interesting to note, however, that as we closed out the trading week Gold broke through eighth-harmonic Kronos support, opening up the possibility of even lower prices to come.


As this trading chart illustrates, the next level down is Kronos in the first harmonic. That’s a much stronger level of planetary support than an eighth-harmonic line, so we’ll be keeping a close watch.

At present our expectation is that we’ll see Gold hit first-harmonic Kronos support at 1178 on or about October 2nd, when the next big Sun/Kronos alignment takes place.

Stock Market Trading at the Neptune Station

Yesterday’s Neptune retrograde station didn’t coincide precisely with an intra-day high in the equities markets, but it did help define a significant top for stock market trading.


Neptune Retrograde Station & the S&P
The price levels in the S&P 500 at the exact time of the Neptune retrograde station on Monday, June 9, were in play at the closing bell on Tuesday, June 10, when the S&P hit its high for the day, confirming the strength of the Neptune station in defining a trading top.

When we were watching the action in the S&P 500 as the Neptune retrograde station reached its precise alignment just 10 minutes before the closing bell, we noted that the price was at 1951.03.

Although that specific price point didn’t have much time to make its influence felt during the few remaining minutes of the trading day on Monday, it proved to be significant as the action in stock market trading unfolded on Tuesday.

The S&P finished the trading day on Tuesday at 1350.79, level than one-fourth of a point away from the Neptune retrograde price level set during the previous trading session.

We’ll have to wait and see, of course, whether or not this will define a trading top on a longer-term basis.

But for the time being, It’s great confirmation of the power of the planets in impacting market action in the real world of astro-trading.

Mars Stations and Stock Market Trading

“Does this stuff really work?”

That’s a question I get a lot from people who haven’t experienced the astro-trading advantage for themselves.

The answer, of course, is Absolutely YES!

But that response doesn’t really tell us much, mainly because the question itself is so limited.

A far better question would be “HOW does this stuff work?” or “What kinds of effects do the planets actually have on the markets?”

The Mars direct station coming up next week is a case in point.

Mars stations are definitely market accelerators, and sometimes they trigger trend reversals. But each Mars station brings its own unique characteristics to the circumstances surrounding stock market trading.

If you take a look at these trading charts for the S&P you’ll see what I mean:

Stock Market Trading - Mars Stations 2007 and 2008
Prices fell in the stock market trading that took place while Mars was retrograde in late 2007 and early 2008. A brief bounce immediately after the Mars direct station on January 30, 2008 was followed with price congestion and a fresh price decline.


Mars Stations and S&P 2009-2010
The Mars stations in late 2009 and early 2010 defined a profitable period in stock market trading, with the direct station on March 10, 2010 signaling a break above previous resistance.
Mars station Impact on the S&P in 2012
A rising price trend in stock market trading during much of the time while Mars was retrograde in 2012 culminated with a pull-back just prior to the direct station on April 13, which was following by trading congestion prior to a steep decline.

Will We Hit Gann Resistance Today?

Today is the Spring Equinox, which is one of the most important dates in the year as far as the determination of market trends is concerned.

At least that’s what W. D. Gann thought, and he mentioned the date of the Spring Equinox in a number of places in his writings on trading methods and market forecasting.

That’s why we decided to put Gann’s theory to the test by back-testing more than a dozen market indices from around the world, as well as precious metals, currencies, and a group of individual equities.

We came up with some surprising results, which I shared in an online video a couple of days ago.

We also featured this research, along with a Universal Clock illustration based on Gann’s Wheel of 24, in the most recent issue of the FinancialCyclesWeekly newsletter.

In that article, I noted that for the S&P 500 Index at the Spring Equinox today, “the Sun’s position triggers prices of 1801, 1825, 1849 and 1873. We’ll watch for support and resistance at those prices.”

So far today, the S&P has been trading well above the 1849 mark, but has had an intra-day high of just 1866 and change.

We’ll have to wait and see if it hits the 1873 level or not. If it does, it will be a big confirmation of a potential sell-off tomorrow, especially if that’s the closing price or an intra-day high.

We also developed a high-probability trading strategy that can be applied to the markets right away.

You can review the results of that research, and discover the trading strategy for yourself, by watching a free 14-minutes video on W. D. Gann and Trading Profits at the Spring Equinox.

To see the video now, go to:


Gold Charts I’m Sharing With Yorba’s Listeners

When I’m interiewed by Michael Yorba on his Traders Network radio program later today, I plan to talk about a couple of trading charts that illustrate the power of Sun/Kronos conjunctions in moving the price of Gold.


Gold with 4th-harmonic Sun/Kronos
This chart shows the planetary price lines for the Sun (the green diagonal lines) and Kronos (the horizontal purple lines), with the first-harmonic lines a little bolder than the rest. Note what happens to the price of Gold when there are first-harmonic crossing points.


Gold Sun/Kronos Conjunct
Here’s a closeup of what’s happened with Gold since the latest Sun/Kronos conjunction.