History Doesn't Repeat Itself, but It Often Rhymes. This idea is based on the fractal from September 2019 / March 2020, at that time markets crashed. This is not a financial advice. Always Do Your Own Research
It's very early to confirm that fractal is repeating, but for now, the first two stages are very similar. Will update it along the way.
I saw this fractal that I wanted to share. Looks very identical to our current path. Maybe a quick leg down, to get some momentum, and then towards 55k. Cheers, Jani :)
I am proud to present this idea. We are seeing the forming of one of the most important patterns to grace our charts. This will pump to 26k from here. Get your moon boots on! After 26k we should see a pullback to the origianl all time high of 20k before a rise to 40k. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains!
Here is what we can expect from BTC in the future. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains.
We are throwing the same pattern we did before we saw parabolic movement. If you agree throw me a like and follow me for more concepts and ideas that keep you in the gains. I will update this idea with closeup shots of the movements we can expect.
If you take a close look at ethereum you can see many correlations to bitcoins price and volume action. Based on historical data, Ethereum is on the path to surpassing all time highs by the beginning of the new year
BTC Finished 4 parts of this fractal and is about to enter the 5th stage, which will be one to remember if traders behave in a similar manner. Considering the fear index (40), BTC is almost in a stage of extreme fear, and the price is above 10000. That means that people are afraid that the price will drop a lot lower. 9 / 10 times BTC does exactly the opposite of...
Just found this one. Will be following it for reference.
What's coin on guys? Don't be surprised if the last capitulation is yet to come. It seems to me that I rushed this fractal bit earlier, but if you watch it carefully, you see that last capitulation didn't happen till this stage. You can also see that this time STAGE 5 spiked a lot deeper, because of the Corona event, and a lot of stops have been triggered in that...
This move reminds me the first leg of 14K bullish move. it Can be confirmed somehow!
30 minutes hollow candlesticks another fractal bar pattern repetition showing us a different scenario. strong support area (purple rectangle). stable volume. Heads up!
* Whales are playing their games and giving u that bullish hope every weekend, when there is low volume and its easier to push price up * but weekend pumps are getting weaker * dumps are getting stronger during the week * do you think pumps on weekends are more valuable, then dumps during the week? yea bitmex volume is bullish, but its 90% fake ;) * YELLOW...
Well, there is always a possibility for fractal to playout, despite all indications that bottom is forming right now. My play is long, but I keep this fractal as a friendly reminder that panic selling could happen any time.
Looking at the previous major falling wedge and others, false breakouts are common. My target is the $2k area. If I'm wrong, then $16k is possible.
Keeping this post at the Macro level ****************************************************** There are a few things that we need to watch in order to gauge where we are at and what are we to watch\look for (to accepting that the continuation of the Bull trend is in play). At the "Micro level" TA is still difficult and complex as many scenario's are in play. With...
Observation: As per previous post, the hidden bearish divergence is most likely holding back the current follow through. Hence the main resistance of 10600 (initially) is looking difficult to pass. Beyond this, I anticipate a lot of volatility between 9K and 10500 (blue triangle region) I have factored in a number of key milestones into this post and only if and...