I've been studying fractals on LTCEUR for a couple of months and for what i see, I believe the cycle it's on its way. You can check the fractals reflected by color, supported with same curve in different scale and proportional lapse time. If everything goes has its going, December will be a comeback :P ... Finger crossed. Cheers..
Hello!
In this chart I'd like to show that you can find nice fractals everywhere, because fundamentally markets are driven by human mass psychology and since this mass psychology doesn't change, the patterns also repeat.
But are they always to be trusted? No. One has to look at a lot of different factors and check if the situation now is similar to the situation...
About the last fractal, according to the latest KRAKEN:ETHEUR reactions, I think I did a confusion between the yellow "2" and "4" with the double bottom of the "2"; so I replaced yellow numbers in this new configuration and hope this time it's good! :-)
Hello there, Are your boring waiting for Cardano for a long time? sure some say yes!! i lose!! yess.. ofcouse this what we say in to Financial Instrument. lately lot of info about this coin so week and i also regonaise what them said. Accually for this Coin. for newbie i said be carefull
why? What we need to do? CArdano Already one step infronds of us, Cardano...
Wedges:
This is from my previous updates for new viewers:
“Fractals (didn't have time to update it but u get the idea)
Most traders don't look at pivots. But as you can see in this chart, weekly and monthly pivot really worked as a pivot and strong resistance in each correction.
I have shown a fractal from earlier drop before. Now I see that this fractal is...
These are the areas I am looking at for support and resistance for the next few days. The recent Fib sequence lines up nicely with Volume Profile nodes and recent swing highs and lows giving us some nice areas to get in long or short.
This is a 4 hour chart of XBTUSD. This chart looks very nice right now. We have been on a bullish trend for 2 days now. Amazing. Since my XBTUSD Fractal chart worked out really well, I wanted to show this one. I have taken this fractal from $3600 to last years high, over $19k. (fractals just give you an idea of possible trend patterns, fractals are never perfect...
Once again, as soon as we learned a new pattern, we(@iDC_INC on twitter, @idcinc on steemit) were able to find it immediately in the bitcoin chart. It's not perfect, as the AB leg briefly goes a little lower than it would have ideally, but it's pretty damn close. This is just to serve as extra confirmation of the bull trend we've been anticipating, and that seems...
I have an update as to what my thoughts are on the most recent price action movements of Bitcoin. In my post on may 27th I had forgotten to add that the manner at which bitcoin broke through the fractal resistance line would likely dictate how the short term movements foreshadow bitcoins movements over the mid term. This is derived from fractal analysis which i...
This is a continuation of my previous idea which was given to me by the Bitcoin God in a vision, so you know it's good. I cleaned up the chart & used the bars pattern tools to overlay the small fractal over the larger pattern. Given the fact that the original fractal formed in only 10 days vs going on 130 days or so for this larger correction, it fits remarkably...
