When we want to see the big picture, we see a large harmonic pattern covering the bull and bear .
Although the current price levels seem to have found support at 19K levels, I predict that this decline will continue until 12K. The reason for this prediction is the internal fractal patterns. If we want to explain this on the graph;
I think that the...
BLX Bravenewcoin liquid index may for the first time retest a previous top if 25500 the 0.618 FIB EXT from the ABC top is lost. There is absolutely no support (BLANK SPACE) going down to 20000 (the 0.786 level) except perhaps the weekly WMA200 line at around 22000.
The blue neckline from the 2020 pandemic Inverse H&S will intersect 20k & 22k & thus this line may...
In my previous articles, I pointed out the current status of BTC. I expect an apology from those who insulted me for saying that BTC will fall in my previous analysis :)..
I think the current chart is trying to complete the head and shoulder pattern.
When we look at the past accumulation regions, we can see that the previous picture is similar to this one....
mainly posting for record. drew it before breakout. if above purple line or .618 retrace all bearish play off table and target of second fib white line above all time high fib in play
Here's a longer term idea I'm playing around with and my reasoning for it:
When price broke $13k, it tested it 3 times prior to breaking through resistance and on higher time frames, never retested the level as support. On top of that, price rose really quickly after breaking out, unlike the normal start to a bull run where price rises slowly and then accelerates...
BTCUCD
Projections for the different zones. Here I noted "Bullish/Bearish/Peak", however these zones will be dependent on the trending price direction. Also these zones (as you can see) have volume support levels. Peak line can (and will eventually) become support before our move to $90K+.
As long as it doesn't stay below the regression channel, I don't think it's anything to be afraid of. I also have a belief that it will go as up as the flagpole. Transaction volumes do not seem to cause much decline anyway. I don't think there can be a long decline with this volume. There is a accumulation in the 0.618 region. Maybe there could be a retreat here....
Hellooo...My Dragon Friends
I see BTC will make some correction, with my pattern movement.
closing weekly last give us sign, BTC will make some correction too. we can see Shooting star pattern.
i make decision to sell it with SL at 67000.
Lets See
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Hellooo...my Dragon Friends
my last week transaction already have profit.
This week i see BTC have Bearish Divergence at RSI and stocastic.
becarefull for deep correction down.
Lets See
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Hellooo...My Dragon Friends
I see BTC already break the trend line, i going up.
may be can create SHS pattern...
Lets See
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Hellooo...My Dragon Friends
i see my BTC movement still follow my old direction.
still going down, go to 36.XXX
Lets See
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Hellooo...My Dragon Friends
All Movement at BTC is not sure, WHY???
BTC candle still movement at the support trendline,
wait until break and will going down, and test another support again (at the orange square).
break the orange square will going down more.
Lets See
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