Hello everyone,
In my previous post I made an error in scaling the data. Now that we have a bit more of the trend available this updated chart should be a bit more accurate in terms of path. Target still stands: 11.7k
Lets see if it 'roughly' follows along. If not.. well than I have to dive back in researching again.
Greetings,
Vincent
In my previous post I made an error in scaling the data. Now that we have a bit more of the trend available this updated chart should be a bit more accurate in terms of path. Target still stands: 11.7k
Lets see if it 'roughly' follows along. If not.. well than I have to dive back in researching again.
Greetings,
Vincent
Note
Althought its really hard to match the scale of fractals. We're still following it perfectly. I advise you to seek a signal in indicators to double confirm a possible downfall soon
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*UseNote
We just made another drop which confirms the next falling mini wedge. Still going exactly as planned.Note
We've made the drop as predicted. But not as deep as my fractal showed (or it falls later).The market moves in indecisive territory and I need some more data to make new aligments. For now im back in Bitcoin and made a nice profit on the drop!
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So as you can see we are moving towards our 7.9 target. That range should be the bottomNote
If you like this idea please upvote it :) Thanks!Note
We are reaching the bottom of our fractal target 7.8kThis should be our turnaround point.
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Well well, what a surprise. We bounced off 7.9k.Feel the power of fractal analysis haha.
Congragulations on the people that followed along. Now onto our next target
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We have made a beautiful bounce exactly on target. Now we are not out of the woods yet. Our way up will be a bit choppy as you can see in my chart. We should be able to move back up to 8752 before we make another creepy drop.
Keep faith people, if we keep following this pattern our bullrun is in our grasp!
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Woah, top post on tradingview! Thanks for the love guys!Note
We are at the center of our fractal now (price is stuck). The direction of our new born fractal will be given soon.Note
The last time we visited this point of the fractal. A new bull run emerged. When a fractal cycle ends a new direction is choosen. That point is now.I have shown you the upside in my prediction but it can very well be a bearish fractal aswell. It's up to the market to decide where we will from here. Let's hope for the best.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
