I see BTC going back to its ATH , and if price breaks above I see it heading up to the next fib level which is 75,525 ish- on this monthly fib circle.
Price has reacted and respected all previous Fib Circle levels.
My sell break and buy break areas are listed there.
If it breaks my by break at 63993 it will go to the ATH at around 64,745.0 Here price will...
Nice week and profitable deals 💲
This BTC logscale weekly chart is a combination of Fib Channel , Fib retracement, Fib cycle, 2 Gann Fans and Time cycles !
Fractals of significant movements from 2014, 2018 and 2019 !
Nice support on 2.618 on the chart vs BTC
+ global downtrend already has been broken
Chart vs USD needed only for possible ressistence and price targets
Very possibple in near future, if market won't crush
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
Hit the reset button, to get closer (applies to your crush too)
The levels in blue that appear to be lines are actually Fibonacci circles (if you zoom out) with a trend line that starts from the 2015 bear market bottom and acts as support in BTCUSD's uptrend towards 20k and also acts as support in 2018 bear market. The price has been hugging this trend line for...
The blue ascending parallel channel starts resonating with the price since all the way back in Mar 2020 could give ADA support as long as it stays within it.
Notice how I've placed the bottom of this channel above the price in Jul-Aug 2021 to denote it was acting as resistance and in doing so, the mid-line of the channel is more in confluence with the price all...
Using Fib circles we can see that 2.618 was a strong ressistence for previous high and for last dump it appears as a support.
If use 140MA it can be seen that it also appears as support for now.
And similiar patter as in September before main bull-run.
Need to hold 140MA.
Btw, using circles localy - all coorection could been...
A chart demonstrating how price can move along the edges of the circle both bearishly and potentially bullishly
Green bars pattern is the assumed movement of price, which is inverse to the bearish move along the same fib circle previously
I know there is and will never be one magical trend line, fibonacci tool, or technical indicator that can predict with 100% accuracy when a bull run may start, when we've reached a bottom, and when a bear market may officially start, but bare with me here. These fib circles are drawn from the top of the 2018 bull run, to the top of the 2019 run. If you look at the...
so i cleaned up the last post i made in my mind and took this route instead, using the last full market cycle to measure my circles from. quite interesting to say the least. we either fall 50+ % to the next pink band down, or we fight to reclaim the blue band. there really is no other way it can be, if these macro fib circles continue to be respected as flawlessly...
so bare with me here, i connected several different macro points to come up with a little grid. between august 16th and 24th it looks like we will be kind of forced into a major decision to either fight to reclaim the blue band at 40k, or we continue slowly down the downward channel until dropping quite demonically, about 50% to around 12 to 15k as the ultimate...