The first 29 June timeline (red line) marked on the chart is our most important timeline, which is likely to fall, and I expect a lower floor to occur in this timeline.
The second 3 Jul timeline (black line) It is not yet clear how this line works, but if the previous line forms a lower floor, this line can be bullish.
Take timelines seriously
Trying to find out where the next major time resistance zones may lie by using the break below 6k, and the break above 5k for the time fibo measurement. The 1.618 trendline falls precicely on the local high (end of June), also the 1.272 falls on the candle that broke above 6k. This makes me beleive the next time fibonacci trendlines will play a role in bitcoin's...
POLY showing signs of a bullish reversal at the end of the horizontal fibonacci, if the price can sistain above the the 0.618 fibonacci trendline then it should act as a classic support level which could make a nice entry zone. The moving averages indicate that a bullish trend is likely.
Disclaimers, not intended to be financial advice, do your own reasearch...
Looking for the wave cycles for LSKBTC to find potential entry points, if the botom of the fibonacci continues to act as support untill December 2018 then this could be a good accumulation zone to buy into. The other highlighted fibonacci levels can be used as sell targets if we see a bullish reversal and uptrend.
Any thoughts and ideas are...
Time for a new market cycle. Fibonacci ratios are used for significant price levels and dates. Harness human psychology and the patterns of the universe.
If we have to believe the trendlines and time fibonacci there will likely be a repeated spike in two days time, yet the market shows signs that we may still return to a bear market after the spike. Estimated buy target is 10278 SAT.
Depending on what side of the triangle (bottom / top)
the price is closer to while approaching the 0.764 fib-time,
you can start scaling into the respective trade.
Make sure not to buy into a potentially premature breakout at point (E).
Targets are based on projections of the widest distance within the triangle, down / up from the apex.
For the up-target the...
We might be cought in sideways within the red channel for another 20 days.
I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago.
The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ).
The question is what will happen after the yellow box? The red box...
A good example of how price and time follow some FIB based patterns. Notice how the 38.2% retracement was achieved in the 3rd FIB time zone. Also note how we are approaching the 5th time zone and bouncing around the 61.8 level.
Carefully adjusted fibchannel and timefibs.
Allignments of price and fib channel are marked by yellow lines (scale out to see more allignments)
0.618 - 0.764 time fibs mark a potential breakout area.
Next weeks I expect moves within the red diagonals, less volatility, smaller trend angles on downmoves, short: sideways.
So moon rally likely to start in august.
![GER30: 2015 DAX® Trade Idea [Longterm]](https://s3.tradingview.com/n/nJb1Mg0P_mid.png "2015 DAX® Trade Idea [Longterm]")
![BTCUSD: [ SIDEWAYS ] - Fibchannel + Timefibs](https://s3.tradingview.com/j/JxbyuYhA_mid.png "[ SIDEWAYS ] - Fibchannel + Timefibs")