aamonkey
Long

These 2 WHALES told me BTC is about to PUMP

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Below you will find the chart with log scale so you can see both whales in one frame.

By using the curve tool to form support and resistance lines we can see what I call the "Whale Fractal".

It is basically a fractal from the past which played out in the last correction in 2014.


How Does the "Whale Fractal" work:

The base of it all is that markets move in sine waves.

This means they constantly go up and down.

When a sine wave starts to go up again the prices have to curve up again and this is what we are seeing right now.

The gradient of the sine wave at the bottom is obviously 0 and now look at the last triangle (or the curve).

And as you can see the gradient is also 0 right now.

This fractal consists of 3 falling wedges followed by one descending triangle (with an H&S pattern inside the descending triangle ).

These triangles start very steep and get flatter over time.

I expect the next Bull Run to start when we get to the fin of the whale (crossover of the two curves).

The whale fractal is basically a combination of sine waves and squeezing buyers and sellers (which means bearish momentum is gone).


This is very interesting to me:
What is very interesting to note is that both the descending triangle and the H&S pattern are both bearish patterns.

However, in the whale fractal , they are actually signaling the beginning of the fin of the whale (which means an incoming reversal).

Both of these bearish patterns will probably shake out a lot of people and this where the market pops off again.


Where others see a bear and depression I see a whale and profits.

This, of course, would also work in the other direction (Dolphin Fractal ) which would be the same fractal but just flipped upside down indicating downside momentum.

If you think this information is helpful, please support my posts by your LIKEs! It will motivate me to write more posts and share with you my ideas about the markets. Thank you!
Comment:
Comment: Nowhttps://www.
Comment: Now
Comment: 2014
Comment: ETHUSD with a whale last year:
Comment: ETHUSD in its current correction:
Comment: Now here is the whale fractal for the total market cap.

We just broke out of a HUGE falling wedge pattern with an ABCDE correction inside.

I expect the market cap to drop a little in the short term forming the last triangle before we see an 85% gain in the total market cap.

Then I think we are going to retrace back to the breakout area before we go and form our next wave.
Comment: There we go:
We have similar ideas. I’m thinking cycle had a truncated W5, and BTC reached WII of super cycle where your cycle W4 is. Otherwise, fantastic chart!
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this is great long term analysis. Check mine at a shorter time frame

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T.A. does not mean jack shit in this new emerging market. No one knows how high this market will move. We are making history... not predicting based past fundamentals/patterns that repeat themselves in traditional markets . E.W. theory will fail in a developing market.
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Gotcha loud and clear. Short all in.
+3 Reply
This BTC channel show entire BTC lifecyle



The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures
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aamonkey weslad
@weslad, Very true
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Good job man
+1 Reply
aamonkey weslad
@weslad, Thank you very much.
Reply
DID YOU AGAIN FORGOT TO TAKE YOUR SCHIZOPHRENIA PILLS?
+2 Reply
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