HI guys,
So lets take a break of counting under 4h charts. Too much micro count lead to at more margin of error because fractals mean pattern in pattern in patterns.. to the infinite (e.g. : 1-5 in a 1-5 in a 1-5/ ABC in an ABC in an ABC, etc.). Lets just keep it very simple for this time. Since i started counting every micro count under 4h charts I literally see charts and graphs in my dreams.
One thing is sure, if we going for a new cycle BTS is projected to reach at least 2$. Fibonacci tell us to use ratio to have rational projection. I simply use last cycle last low and his high to have a ratio and apply the same logic at our current price.
I wasnt wrong telling cycle ended in August :
I was wrong on some count after that but overrall got nice call and target reach %. I though I was getting crazy calling end of cycle/ end of correction for now almost 2 months, but I am still right in regars of my first post backin August. I get mad at myself trying to find the exact pattern that followed those bounces after we touched, what I am convinced to be the bottom of the correction, knowing that overall on macro time frame I was seeing the exact same thing.
I wont invest the same time I did during last month to count pattern under 4h until we have impulsive waves or seeing something that could indicate that Im wrong on calling this upcoming 'new cycle' not a new cycle. It drive me crazy to go back and forth on 15min/1h etc. for 1 cent or 2. I like clear, detailed and strongl backed projection that small time frame charts doesnt provide. We had almost 2 months to get good entries, now lets get back to real and detailed projection.
I know that I might be wrong like I did in the past. I learned from these. I got better, spooting bearish trend and the bottom :
the first bottom here :
the 2nd bottom here :
Spotted the3rddbottom there :
The last bottom there :
And provided an another good entry here :
So lets be real and stop this micro counting shit. Find the entry that you are confortable with and we gonna count the impulsive wave together.
So lets take a break of counting under 4h charts. Too much micro count lead to at more margin of error because fractals mean pattern in pattern in patterns.. to the infinite (e.g. : 1-5 in a 1-5 in a 1-5/ ABC in an ABC in an ABC, etc.). Lets just keep it very simple for this time. Since i started counting every micro count under 4h charts I literally see charts and graphs in my dreams.
One thing is sure, if we going for a new cycle BTS is projected to reach at least 2$. Fibonacci tell us to use ratio to have rational projection. I simply use last cycle last low and his high to have a ratio and apply the same logic at our current price.
I wasnt wrong telling cycle ended in August :
I was wrong on some count after that but overrall got nice call and target reach %. I though I was getting crazy calling end of cycle/ end of correction for now almost 2 months, but I am still right in regars of my first post backin August. I get mad at myself trying to find the exact pattern that followed those bounces after we touched, what I am convinced to be the bottom of the correction, knowing that overall on macro time frame I was seeing the exact same thing.
I wont invest the same time I did during last month to count pattern under 4h until we have impulsive waves or seeing something that could indicate that Im wrong on calling this upcoming 'new cycle' not a new cycle. It drive me crazy to go back and forth on 15min/1h etc. for 1 cent or 2. I like clear, detailed and strongl backed projection that small time frame charts doesnt provide. We had almost 2 months to get good entries, now lets get back to real and detailed projection.
I know that I might be wrong like I did in the past. I learned from these. I got better, spooting bearish trend and the bottom :
the first bottom here :
the 2nd bottom here :
Spotted the3rddbottom there :
The last bottom there :
And provided an another good entry here :
So lets be real and stop this micro counting shit. Find the entry that you are confortable with and we gonna count the impulsive wave together.
Comment:
Note that the green arrow has not target. Its just the expected direction. Will indeed develop more on a precise target furhter
Trade active:
Just a little update here. The yellow square was to highlight the triple bottom that repeatedly happens to end of cycles :
I didnt played this one since i strongly believe its short lived and will bounce like past behavior. I still entered at lower price lvl than BTSUSD will be after this retracement so im sticking with my position
My short/mid term view is a bounce to 1800 sats levels
I didnt played this one since i strongly believe its short lived and will bounce like past behavior. I still entered at lower price lvl than BTSUSD will be after this retracement so im sticking with my position
My short/mid term view is a bounce to 1800 sats levels
Trade active:
exceptionally im going under 1H since someone left a comment so i will chart him here my micro :
Comment:
in fact it will follow my BTC projection about a projected bounce. BTC already started his impulsives waves of C recently
Trade closed: target reached:
I said : I didnt played this one since i strongly believe its short lived .
short term wave 5th target reached.
bounce on going. next mid term target i said was 1800sats :
short term wave 5th target reached.
bounce on going. next mid term target i said was 1800sats :
Comment:
triple bottom have been made. So i still support strongly my new cycle projection
Comment:
weekly short term/mid term update on BTS tomorrow. take care guys.
Trade closed: target reached:
end of this post. Key elements have been said. Now report to new post for targets.