We are in the buy zone of predicted "Rat Trap".. The idea Heartbeaters is to range buy and sell this coin as it side ways trades within either a symmetrical or Ascending triangle over the coming days accumulating her to sell on upper fibs when she breaks out.. Ascending triangles, if this in fact closes as a Heartbeat generally have max on the 0.618 fib and min below 0.236..
Symmetrical Triangles generally have an axis between the 0.236 and 0.382 fib.
We'll profit well here if this plays out as the triangle is reasonably tall at aroud 40-50%..
I´m crazy so I´ve already bought in and first orders are set.. time to let the ranger do the rest of the work.. Reassess the plan if price recedes lower than 0 fib..
Best of luck Heartbeaters !!
Symmetrical Triangles generally have an axis between the 0.236 and 0.382 fib.
We'll profit well here if this plays out as the triangle is reasonably tall at aroud 40-50%..
I´m crazy so I´ve already bought in and first orders are set.. time to let the ranger do the rest of the work.. Reassess the plan if price recedes lower than 0 fib..
Best of luck Heartbeaters !!
Comment:
This formation has also been quite affectionately dubbed the Genie Lamp.. Will the genie be set free to grant our wishes !! haha !! Lame but memorable !
Comment:
This formation is making me think... A new Criteria.. obviously I am going to steal from the greats of the past as we are always conscious of how other investors think, The Price Max Candle is red.. I am thinking we add this criteria to the identifications so reading left to right S = Red Candle and B = Green Candle at price peak/dip... I'm also going to denote \ = D, / = A and = = E so I can Tag them.. This will be either between max and min or across the whole wavelength of the Heartbeat.. We will decide this with trial and error.. maybe both will need to be considered..
So this beast we see above is the HLBLXDSSS - and is in the Electric Eel family so we all know that coins shouldn't go swimming with Electric Eels as they are Bearish Cup Smiths.. Gap is within the first Fib so we assume that is a close..
Spread your ranging levels out on the buy of this as we have seen the Fib floors can blow out on a couple.. This sucker is symmetrical so we assume she packs a big shock possibly sending us deep into the abyss!! Be careful out there Heartbeaters !! Wait for a nice Ferrari horse or other Cup Base Smith you might know of..
HLBLXDSSS / HLBLXDBSS - Heartbeat Lightning Bolt Left Hand Axis Cross with Decending Volume (two ways to look at the next designation) Max price had highest volume out of max and min ie. S but overall, including the Flatline either side The first candle was a Buy and was max.. we will adjust this with time.. New designation is SS as Max and Min price reading left to right were Sale (red) Candles..
So this beast we see above is the HLBLXDSSS - and is in the Electric Eel family so we all know that coins shouldn't go swimming with Electric Eels as they are Bearish Cup Smiths.. Gap is within the first Fib so we assume that is a close..
Spread your ranging levels out on the buy of this as we have seen the Fib floors can blow out on a couple.. This sucker is symmetrical so we assume she packs a big shock possibly sending us deep into the abyss!! Be careful out there Heartbeaters !! Wait for a nice Ferrari horse or other Cup Base Smith you might know of..
HLBLXDSSS / HLBLXDBSS - Heartbeat Lightning Bolt Left Hand Axis Cross with Decending Volume (two ways to look at the next designation) Max price had highest volume out of max and min ie. S but overall, including the Flatline either side The first candle was a Buy and was max.. we will adjust this with time.. New designation is SS as Max and Min price reading left to right were Sale (red) Candles..
Comment:
This is technically a HDSSS or HDBSS or lets just go overall then max min volume peak.. so HDBSSS... haha it just gives the impression of the electric eel but the center candle is touching the axis.. Its just definitely lop sided and that is why sometimes you have to use aesthetics to decide because the truly perfect Heartbeats have far more consistent results than lop sided ones.. that being said the lop sided ones which we see everywhere are super powerful at times but until we nail them down more successfully with probability let's be cautious, especially when galloping past on a horse they look like a bearish Cupsmith like the Electric Eel !!
