Wow, November a great month for everyone who was involved in finance on the bull side.
Note: Fractal on December 2nd, which is today. Lets see what it will bring. Since, I don't see any fractals for the rest of December.
How does the December is looking? Well if you look careful at my chart, I want you to notice the similarity in the formation of the fractal that may play out again that we saw back in 2019 in early May.
So let's try to make my case in short form as possible:
1. Similar fractal as 2019 that started in April 2. Long term MA crossed in Nov, 2020, similar to 2019 MAY, except it is a deeper bull market. 3. If fractal is true, then it means that 20k BTC is going to be broken, and this is just a stalling and coins shifting hands that are getting ready to push BTC to new ATH. 4: Volumes allso matching the fractals. 5: 50EMA is still below price and trendline is not yet broken, so whatever is happening now is not a bear. Thus, those that hold now are going to be rewarded. 6: If you think btc at 20k is FOMO, then if we look back to 2018, you can see we are not even close to FOMO prices.
Wohoo, now, I got a lot more lines than usual, but I hope u see what I am trying to say here. I hope it plays out similar.
___REVIEW____ Since, i have once again lost all of my fractals and TA from October and November, we need to look at both of them to see how we have been doing. --------------NOVEMBER-------------------------------------------------- ---------------OCTOBER------------------------------ ----------------------------------------------------------------- As we can see, we have accurately estimated price projection for the October, from October though we expected for November the price to stall and push higher. When November came, price looked like it is heading into range, and even a possible correction.
However, with a pleasant surprise crypto market took off. You know me guys, I am long on the future and future is crypto!
Looks like, as I post this, We are landing on a fractal. And if my analysis i correct , we should close higher by Friday, but lets see, this could be a bear fractal and it would suck.
**LEGENDS** BLUE = Bear/Resistance || Yellow = Bull/ Support Lines: Fractal dates are moments of interest, where price and time collide to create oscillation. the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks! Future belongs to the brave, and crypto is the future. _Ajion
Before I loose all of my eye sight, I would like to thank you for causing me to go blind by trying to read your chart. I thought I would go blind by spanking the monkey, but no. And after I get to the end of the chart, I realize that it is Jan 11, 2021 and the chart is of no use to me, and we have had a 20% melt down in the market. I am going to push for charts that are current, of use to my future good fortune and that self-destruct if they are past their shelf life and/or too visually complicated to actually read.
I kinda believe that this asset might be ready to pop, as many of the other alt coins have, but this one has not. I also like this coin because it is somewhat unique in its un-tractability and the fact that a certain spineless exchange recently de=listed the coin because the SEC glanced in their direction and they crapped their pants. Currencies allow exchanges to generate revenue for themselves, yet this particular exchange abandons the coin like a cheap $2 hooker would for a bag of crack cocaine.
Please find the time to chart the future of this asset if you can. Don't worry about me, I'm getting laser eye surgery.
Thanks for the charts.
Ward Weaire
Toronto, Canada
Ajion
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@WMWToronto, You win! Best comment of 2021! Thank you, you made my day! cheerz.
flyfreebaby
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you know the saying - cannot see the forest for the tree. so much data on your chart i dont see anything.
@RobertTheNerd0, Not sure, will need to do TA, then we will see what chart is indicating.
IamPhoenix33
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@Ajion, I second that request for an XMR analysis ... cheers 🙏🏼🕉️❤️
Ajion
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@IamPhoenix33, Love to do it guys, but i am about to release an web app for traders, extremely busy, this is why i haven;t done any ta lol Just hodl if you are in the green, the market is different now.
OmariRoland
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Theres a saying that goes "sometimes less is more" I respect al traders and analysts. This my friend is a bit too much. "KISS" Keep it Simple stupid.
I kinda believe that this asset might be ready to pop, as many of the other alt coins have, but this one has not. I also like this coin because it is somewhat unique in its un-tractability and the fact that a certain spineless exchange recently de=listed the coin because the SEC glanced in their direction and they crapped their pants. Currencies allow exchanges to generate revenue for themselves, yet this particular exchange abandons the coin like a cheap $2 hooker would for a bag of crack cocaine.
Please find the time to chart the future of this asset if you can. Don't worry about me, I'm getting laser eye surgery.
Thanks for the charts.
Ward Weaire
Toronto, Canada