I updated an idea I posted at the beginning of the year, but I wanted to make a separate posting to make it clear.
I looked back at the candlestick pattern from 2018 to the beginning of 2021 and replicated it on September 2022 to June 2023 (the BLUE pattern)
The price prediction played out pretty well in the following months up until right now, November 4, 2023....
The history of maximum movements under the EMA. The purpose of the study is to study the maximum values of the decline from the 3-year moving average. As you can see, the asset three times in its history had a deviation from the 3-year EMA of more than 20% and each time made a correction to the 0.618 fibo zone.
Let's see if history repeats itself as some say.
Considering that nothing is in favor of any market, we followed the previous decrease model.
From my perspective, I don't see any sign of growth right now.
BINANCE:BTCUSDT
Blessings family of traders, may you are well and in peace, and hopefully having some nice profits today. I want to share you what happened exactly 1 year ago during the last Full Moon on September 2020. Understanding our past is key to have a better use of our present possibilities under similar circumstances.
Again, let's go quickly thorugh the basics of Moon...
Humans are very adept at overcomplicating, over-complication more often than not leads to failure.
The single most valuable tool we have is the past itself. History gives us accurate fact based information and has an uncanny knack of repeating itself.
BTCUSD Daily
Looking at Traditional Pivot Points and the reoccurring price action between Pivots “P” and “R1” and highlighted by a Bar Pattern.
As defined by TradingView
“Pivot Point analysis is a technique of determining key levels that price may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is...
The world witnessed December 17, 2017, in which Bitcoin's price briefly reached its all time high over $19K. And shortly in less than a week time, on December 22, 2017, it swiftly fell around $11K, a record fall of over 45% from its peak. The interesting thing is: the Pi Cycle Top flashed right about on the ATH in 2017 cycle. The same has reoccurred the second...
Hi Guys!
Don’t be afraid of today’s red market .
This is just temporarily .
Investors have to take their profit after significant bounce up.
Although we may expect to have a small correction on BTC, in general, we started building the 5th wave on the Elliot Wave pattern .
Please take a look at the chart.
At the end of 2011 we had a start of the 1st...
Hi there!
I just wonder if history can repeat again and make a similarly steps like in the past.
Also I have to confess that I made this chart only to kill the time. Hence you have to take it with a pinch of salt.
Whether it's possible to goes according to this trajectory I have no balls to say.
I suppose the BTC -1.59% have to get 60% of dominance before we...
If bitcoin repeats its history with the fall of 2014 (-86%), it is possible to return to a minimum of $2627(-86% of the top) in 2018-2019.For further growth requires compression of the spring.
