Fractals from day and 4 hr charts. Look for price to fall to target.
Looking for price to continue up and cross above channel and then fail for a nice short if this is a 3rd fractal forming.
Looks like price may be at a high point in a 3rd wave fractal. It may began a dive into the channel.
Looking at fractals and playing with fibs. Will check back in a few months to see how it played out
Using the Boss Method patented by Brandon Kelly ( Tradingview profile - bdkelly1203 ) to chart LTC I believe it may be coming up on the end of a cycle. If this is correct then LTC could potentially become even more bullish over the long term into 2018. Of course this is Crypto and it could easily fall, however after successful Lightning Swap with BTC more price...
The Pattern: It appears that a pattern is emerging in the corrective cycles of Bitcoin. The magnitude of the highs and lows align almost completely, except at a much faster speed than before. The Numbers: Following projections from the bar pattern of the rally from 3,000 - 5,000 - 3,000 - 6,000, we can guess that this cycle will be 5,500 - 8,000 - 5,500 -...
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BTC currently trading between two primary SR lines @ 5510 and 7370 and finding resistance at 6600 as shown by two recent bullish fractals. Ichimoku cloud has recent TK crossover and a hidden bullish reversal signal has appeared as well. That said, price, chikou span and TK lines are all below cloud. If it fails to break 6600 level again, could head lower to...
This is my prediction for BCH longterm. Crypto currencies run in a fractal pattern (BTC to $180, then correction to $80, bull-run to $1000 in late 2013, correction until summer 2016, then to $7800 a few days ago - rinse and repeat). The same goes for BCH, but un steroids.
More than a year ago I published a chart on tradingview and forecasted that Bitcoin will have a Megabull that will hit past $10,000 USD (chart is below). Almost nobody at that time believed it could happen. I even got some hate mail calling my prediction a "joke" and some other hateful terms. However, fast forward to today and now we are few weeks or few months...
Short fractal opportunity possibly forming on UJ on 1 hour time frame. Price may try to retrace a couple times before falling. You could enter a partial now and enter more if a retrace.
We had bearish impulsive move and now we are in consolidation. Selling the break of that structure seems like a good idea. Please trade with care.
Using fractal analysis we can see that BTC will begin a steady drop to SMA100. The drop matches the timeline of the fork which will be blamed for this fall, long orders should be placed at 6500, 6300. Profit targets are round numbers such as 6800 and 7000.
The chart speaks for itself, great low risk high gain short setup in this crypto, only a move over 330 would cancel this setup but the ods are much higher of a large breakdown as shown in the chart.