In my previous analysis, i was expecting that we will see a drop from 45880 True Reversal point and it dropped from there.
It's the Magic of A1000x Fingertip strategy.
We will see lower lows in the BTC graph. The next true reversal point is 39600 and I am expecting the same pinpoint accuracy from there.
About my True reversal Point
I call these points a True Reversal point because it's not the support or resistance nor Fibonacci Zone. Support and resistance do not work majority of times and Fibonacci levels are the bunch of levels and if you are lucky then any one of them will work. My Levels are only one figure and it's compulsory for Market to respect that level and they are unignorable. These levels are designed to push price with pinpoint accuracy. That's why I call it the TRUE reversal point. Sometimes the market does not reverse with pinpoint accuracy but that's okay if the market moves a little bit up or down before reversing.
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we will close the Septembet around 43k and next month we will see new ATH in btc
ATH_Buyer
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sell my alts this point?
Aadil1000x
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@ATH_Buyer it depends on the coins. People are calling this alt season because of very low dominance of bitcoin. But what i am seeing is that majority of coins will drop with btc.
Pretty sure your reversal points are at around fib 0.618, just at different timeframes and emphasis on "around".
I started a month ago, and I'm learning to unlearn to focus on fb retracements after some lessons already...
People should be more careful about not getting trapped near fib reversal zones, and this is why your levels are probably more accurate :)
alinejadmori
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👎👎👎👎👎
ClearOpenDoor
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I agree, fibonacci can help but it's not exact. Support and resistance levels work until they don't. Excellent!