Geometry, the one to rule them all. This chart meant for intra-day trading. You have to look at the Fibonacci levels but also the Fibonacci angles.
Good luck!
Good luck!
Comment:
Magic squares? What are they. Find out more in prior charts!
Comment:
Comment:
Comment:
EW approach
Comment:
9600 is 38.2% correction from this bulltrend.
Comment:
Retest of 10200-10270 is possible
Comment:
A new lower low would mean 9500
Comment:
We hit 38.2% retracement from top! This is support and think we will bounce to retest 10200 now.
Comment:
We broke 1x1 gann angle (45 degree)! Trend turned bearish.
Comment:
The blue angles are important support lines.
Comment:
Seems like a diamond, trading is a bit indecisive
Comment:
Bitcoin is above 1x1 line now, trend is bullish!
Comment:
This looks like a bullish correction, bounced on 61.8% fib, trend above 1x1 (45 degree gann angle).
Comment:
Breaking up the square give TP 12750-13000
Comment:
ETHBTC and BTC inverse relation
Comment:
ETHBTC look bottomed now, BTC could come down now
Comment:
1x1 Gann angle staying nicely in tact so far.
Comment:
BTC nearing the 0.886 vertical time extension, important time level.
Comment:
I'm really interested what will happen at the 1 by 1 top.
Comment:
And 1x1 angle broken we are below the bulltrend.
Comment:
We bounced on the 38.2% uptrend angle.
Comment:
Below 38.2% angle bulls losing support.
Comment:
The 11.4% angle is our last support. If we dont bounce here most support is lost.
Comment:
When 7K breaks targets are 6666/6000/5300/4800
Comment:
BTC again on the Magic Square 11.4% trend line!