So my favourite bullish fractal has re-emerged. I am long from 10,329 with an initial target of 11,100 to switch to shorts. From there when we go down to test the support; we face the key decision of whether we go up for a double top or break down again. The last two times this fractal has emerged we have broken down on the retest of the triangle support. I have...
Bearish: Fisher Transform Showing Sell Signal (4 hour) Red diamond top reversal Forming Large Descending Triangle 20/50/100 MA cross below 200MA (4 hour) Breakdown of large green bearish ascending broadening wedge with retest of support flipped resistance now complete. Daily bearish aroon cross Daily pullback to BB 20MA mid line Bullish: Daily klinger bullish...
Find out more in the video presented on the probabilities and price points you must consider. Feel free to follow me for more videos like this Thank you Scrembo
Bitcoin seems to be going sideways . It seems in everybody's best interest to see if we will break 9.4k for the downside. LITECOIN BULLS NEED TO SEE THIS: CALLED THE BOTTOM HERE ON ALTS AND BTC If you would like to see more videos like this, feel free to like or comment below this video. Do you think Bitcoin will test 20k this year? Or even 100k ? ...
As per my previous analyses - we have broken to the down side of our 'potentially' bullish fractal. The last time this happened we created a new bearish fractal. In order for the fractal to be valid we need to see a bit more of a drop before a retrace back up (and even into) the previous bullish triangle pattern. This would create a descending triangle and is...
As per my previous analysis; I have closed my longs from 96xx at 9850 in profit. The reason being is that it looks like we are set to test 9685-9725ish again. As you can see from the below screenshot; we have actually formed the same fractal as we have been trading within our fractal - just at a much smaller scale. This indicates that we will likely head down to...
Overheating I look forward to returning to the trend line support Sell zone: 12500-12600 Stop: 13100 Target: 10500
The bitcoin price, up around 200% over the first six months of the year, is still just half the all-time high of almost $20,000 per bitcoin reached in late 2017. Currently we get supported by the $10,000 and aiming towards the next resistance lines & zones. Find out more in the video presented on the probabilities and price points you must consider. Feel free...
Caught the knife at 9525 on a short exit. Gonna ride back up and reassess.
I have been trading this bullish fractal since first noticed on the 16th of July and have just closed 95% of my shorts from 11,077 for >1000% ROI (Bitmex and Deribit). I have started opening longs from 9650; and still have buy orders placed as low as 9460 in various intervals; though I believe we might only go down as far as the green support line at 9560. I have...
As per previous analysis linked below; we have been following this fractal since July 16th and it has played out as expected ever since. Currently we are still in the descending wedge; which is technically bullish - however looking at the slightly larger picture we are forming a head and shoulders which will take us to the bottom of our triangle pattern. We still...
Bitcoin seems to be taking more than normal time to bounce back. Last few days have been tough for Bitcoin, and it has been the same for the last 24 hours as well. We are at critical double trending support lines + $10,000 psychological barrier, how are we going to reach ? Find out more in the video presented on the probabilities and price points you must...
I previously had both a bullish and bearish charts going at the same time and decided to combine them into one new one (they also had a lot of updates - so its great to start a nice fresh one with the latest information). I recently called the bullish fractal which has so far played out nicely (link below) and we have been trading it since. At the moment we are...
posible ascending triangle that will contain the price for a few months this year. $11.600 top $7400 bottom that will be rising every week.
If you have been following me then you might have seen that I recently floated the idea of the diamond top reversal double tap. Although I am currently monitoring the bullish fractal; I am aware that last time the fractal came along it failed and fell through the support. If this happens again it fulfils my idea of the diamond top reversal double tap (linked in...
Here is my updated analysis on the bullish fractal I have been calling for the last few days. My first attempt was pretty close and was based on very little information, I then had a bit of analysis paralysis and updated it twice before reverting back to the original. I have now decided to update again based on taking some time away from the computer and having a...
So it turns out my original analysis before I changed it, was actually pretty spot on. Looking for a bottom of about 9150ish followed by a strong bounce. Will be laddering longs from 9200-9000 in intervals, with a stop below 8900 (if we go below this then the idea is invalidated). If the pattern plays out it will have a great ROE as the expected target for the...