- Everything is in the chart.
- So my own deduction ( and only my own ) is : " Actually BTC not dipped so much "
- They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety.
- BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic...
i think i was playing with pitching the circle here (tilt your head), and considering it could be pitched in two different (probs more) ways. then did pitchfans of triggernometric triangles and copied and pasted them to diff reversal points.
trying to learn thru play...putting it all together slowly and messily :-) maybe i should just get a coloring...
Posting this mostly so I can find it later, and some thoughts/guidance from actual mathemagicians would be wonderful :-) . these types of thoughts are constantly dancing around my unmedicated adhd brain like "too many notes" all the time...coupled with a math career cut short right at trig and i'm just confuuuuuused but intrigued and would love to talk to other...
Be aware, there's a reoccurring theme in stablecoins lately, and doesn't seem to be getting better yet. Many crypto/assets are down more about 50% in a few weeks! Now would be a good time to partially close some shorts issued against stablecoins, or if you sold lots of crypto and hold stablecoins which are still lucky enough to be stable: USDT, BUSD, and a few...
Price enjoys to move around the Fibonacci circle in dips like this, it usually ends with a massive dump and allignment vertically with the circle ring in play (1)
0.382 retracement from top is the target drop point for price
On this chart it can be seen that Fib circles correspond to opposite peaks within the current uptrend (red ovals)
I'm not sure of the correlation and causation of this, but it is pretty cool to see
Price will likely continue up through the channel placed
A more of an artistic piece
showing the climb of price then retreat back to the same fib level within the circle
they looked like mountains
so I decided to draw some mountains
Green oval best entry point for COTI
Today, I want to speak about Bitcoin's Long-term Analyze ( Monthly Time frame).
First, For long-term analysis , it is better to use logarithmic charts (Do not forget, if you want to use fibs , you have to turn on Fib Levels based on log scale ). I was able to find 4 Major pivots on the BTCUSDT chart, these pivots were able to make a Symmetrical...
Scouting a weekly play for next week, Big Diamond Patterns, vs Diamonds made from Fib Res Speed Circles, in the Pattern Trading Definition of a Diamond, leave more Diamond Patterns in their wakes. Diamonds are for Theta Burn..
i am not very optimistic with xrp in general, xrp suffers to hold its value in the past from my point of view
as i was seeing downwards chartpatterns i like to introduce you a possibility in the short term.
Here is a long term analysis of the altcoins market cap. We are sitting on a pretty strong horizontal resistance, but we are being pushed by this fib circle which was never broken before.
As its a 3D chart this will be resolved rather quickly, but as you see many fakeouts in history where we break a line, just to have a massive move on the opposite side in the...