filbfilb

Bitcoin Repeating Pattern.

BINANCE:BTCUSDT   Bitcoin / TetherUS
The recent price action seen with Bitcoin attempting to break $9k (B) is a carbon copy the same as we saw when Bitcoin was attempting to break $6k (A).

There was bouncing between the 61.8% and 87.6%, before eventually breaking through and then extending out towards fib level 4.272 at $8.5k.

If we extrapolate that for the recent move at $9k then we get something like $18.7k (C).

Anyway thought i would share the similarities between the two.
I would not recommend trading off this chart for obvious reasons but i remain bullish .

filbfilb
FREE Telegram Channel ⏩⏩⏩ https://t.me/cryptotraider

FREE Weekly Newsletter 🏆 http://www.decentrader.com

GET MY INDICATORS; https://decentrader.com/indicator-page/

Follow on Twitter @filbfilb

Comments

So far everything fits even more
+4 Reply
Trev625 ReallyMe
@ReallyMe, bro stop it you weren't even close. You can post your stuff and that's fine but don't be saying you "called it". Your point A on your Jan 4 chart was put at $200 in June 2020. You just moved your A to Feb 2019 at 3k. All you did was put 3 lines on the chart and now you're going back and moving them to fit.
+5 Reply
ReallyMe Trev625
@Trev625, I don't know about you - too bad you have zero own ideas, so nobody can see if you're just got a big mouth and nothing else - but like any reasonable trader, I update my analysis according to market behavior. Therefore one should look at the most recent chart in June and not the one from January. It doesn't make sense. Nobody can be exact about the future in numbers. But you can be right in the patterns - understand how the market moves. That's what trading is all about for me.
The reference to my idea of January 4, 2019 should show that I haven't changed my mind about the crypto market movement since the beginning of the year and stick to my analysis.
Exact numbers are not important. Understanding what is going on is the most important thing to me. YMMV
+3 Reply
Trev625 ReallyMe
@ReallyMe, I literally can't be wrong. See all I have to do in the future is move the dotted lines to match the bottom of the next movement. Then I can post wow I was right and no one believed me.
+1 Reply
ReallyMe Trev625
@Trev625, Go ahead and share your hmm "whatever" with the community. Too bad you haven't posted anything yet.
+3 Reply
Trev625 ReallyMe
@ReallyMe, That doesn't change anything. Whether I have posted anything or not doesn't make my arguments invalid. You posted your Jan 4 chart. People said that would never happen. You then moved the lines to fit the chart and wrote on the chart that people said "oh no, never ever". Of course you should update your analysis based on market conditions, but people said that about your JANUARY chart. Which if you go to your JANUARY chart and press play you see was completely wrong! The people you're talking about, the ones that said "oh no, never ever", WERE RIGHT.
+3 Reply
ReallyMe Trev625
@Trev625, Before going to such lengths to explain what others are doing wrong, you may want to try to do an idea of your own and watch how it develops over time, and how precise you were a half year later with hindsight. That does change a lot, believe me. ;-)
+2 Reply
Trev625 ReallyMe
@ReallyMe, I've been in bitcoin since 2014. I am not trying to show what you are doing wrong. The thing that irked me the most about your post was how you said no one believed your chart. Which is true, no one believed your Jan 4th chart. But then you post this like "Wow no one believed me but I was right all along. I called it from the very beginning." when you definitely didn't.
+2 Reply
ReallyMe Trev625
@Trev625, I can understand that that irked you. And I can understand that you want so much that I was not right. But wait first, today you still can not know if I was right or not. We are in the middle of it. You should know that, if you've been in Bitcoin since 2014.
+1 Reply
Trev625 ReallyMe
@ReallyMe, Okay see you in June 2020.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out