In the anterior post i was showing one side of the market. The one, you must have been confused on why i said to always have both scenario but saw my action not following my mouth. There is time when you need to sit and wait for data. Im staying objective the best I can and projection are not prophetic. Its not because calculation gives 2.8k that the market will go there. All these data must be put together to fit and thats why I became ambivalent to see price behave like this : Is there something else that may be in play ? Do i have treated the data the same way ? Thats why i present to my followers today the other scenario, these questions can just be answered by working and returning to drawing table
- Target : 26k (see factors of validation)
- Pattern : Fractals ABCDE
- Factors of validation/invalidation : BTC must respect the form and retest resistance near 8.8k for major D. 1D continue to move toward positive spectrum until & signal crossover centerline. Invalidation if price break lower support for a sustained period of time (be aware of a potential wick at point E)
- Opinion : Probable. Higher probabilities if BTC get rejected at major D to give more time for accumulation at E & if 1D crossover centerline. Highly probable when 1D & signal crossover centerliner
1)1D log- Fractals ABCDE - original post
2) 1D standard - Standard and standard fibo retracement
Im already +100% profit in 1,5 week. Im still playing safe but chart looking pretty good.