So I kinda had an idea, If you look at the first crash (green triangle1), the top of that crash turned support for the bounce of the following crash. If you look at the top of the red triangle1, it turned resistence for the run following the red triangle1 breakout ( marked with thick red line) This would be the worst case scenario, dont think we could go lower or...
potential move back here, see chart.
Bitcoin has been forming fractal patterns of symmetrical triangles, right now it's forming another one, the volume is increasing, but the bearish sentiment remains, let's hope it breaks out on a positive way, but the TA shows a bearish scenario.
Was just testing out fractals on BTS. Charts started following it, so let's see what happens!
Long term zig zag correction down to 10K for NAV but not before bouncing off 17K back up to 25K and then a steady decline down to 10K before another moon shot. I think fundamentally NAV shows high potential, its team seems dedicated and actively progressive, it also has a solid community.
So far ETH/USDT is repeating a very similar pattern to late December-early January. White lines are possible points of s/r in this move, Burgundy lines are repetitions of previous s/r points that have so far played out. Blue boxes are low bid buys, green box is breakout buy. Logically we would see resistance/profit taking at around 2000 however a fractal...
Crude has been following this 2006-07 fractal for quite a while now, partially sustained by the weakness witnessed in the greenback. Chances to see weakness, before renewed straighten, seem to be implied somehow in an atypical head and shoulders to be negated after the next rollover. Then to be monitored further for assessing the exponential move it followed at...
Tron's just kicking back after the massive hype out at the beginning the year. We just need time to recharge and build up strength for the next round and it will come eventually. There's nothing especially technical here. You'll see Tron likes to repeat the same patterns over and over again; a weird kind of sail shape, which appears either isolated or on top of...
If BTC follows the current fractal and bearish pennat we could see a downward movement to 8K.
I was cleaning up my charts when I happened to notice a pattern on Bitcoin's price movement. To top it off, the pattern coincides with certain lines in the Fibonnaci channel I charted for you all last week. You'll see that the RSI lines up pretty well with the fractal as well. In addition to that, my major resistance line has been convincingly broken (pink...
I just had a look on daily chart and thought, that current pattern form out like the one from 25th till 3rd January(marked in yellow)... because why not? :D
The best entry point to BUY = Medium term Hello!!! I expect a drop of about 7000 dollars for 1 Bitcoin. I can not say exactly when this will happen, maybe the price will fall right away, but maybe first it will reach $ 19,000 / In general, we look and wait, it's better to place limit orders or wait for the impulse to go down. In addition, a little later, at...
Possible up on the W pattern in a downtrend might be just retracement, then continue down
SPX seemed to track 2013-2014 period in 2016 and early 2017... Let's see if it reconnects