It was hard to imagine that the May 12th Fractal was Elon Musk's Tweet About BTC. But that my friends how future works. We don't know what it maybe, but it is coming and you need to have a plan when it does!
If any of you followed me - know that i always concentrate assets before the possible bear correction. It helps with the mental stress and it helps managing...
ETC D1 chart Consolidating within a Triangle pattern.
Its close to the end of the pattern,
we can expect a bullish breakout breaking upper Resistance soon.
When upper Resistance is broken,
Set a Long Target at around price 80-83
First, I want to thank everyone in crypto community - you rock. Your conviction in the technology is what is making this all happen. Take a look at yourself in the mirror, you are awesome! And awesome people deserve awesome life :)
Sorry for not really posting at the start of 2021. I have been extremely busy pushing ajion.co/future to a beta...
Pattern: Fibonacci Channel on 1D.
Signal: Buy short-term on the 1D MA20 (light blue trend-line) which has been a confirmed buy level since April 23. Buy long-term within the 1D MA50 (dark blue trend-line) and the 4H MA400 (yellow trend-line) which has been a confirmed buy zone since January 03. 1D RSI on Support (Double Bottom).
Target: 400.000 (below the 2.5...
We might be headed back to retest the 67 line for a retest. On top of a double bottom which shows on the 4 HR, the 1 HR shows bullish momentum and a reverse head and shoulders pattern. Higher highs and higher lows are as bullish as you can get. Those will start to show in the bigger time frames. We are still bullish in the weekly. We need to recover the daily...
Price is now at the descending trend line & structure resistance. Price previously, formed a double bottom formation at key level support, & broke the inner wedge pattern. I will be watching for a clear breakout of the resistance structure & descending trend line where price is currently consolidating at for confirmation to take a Long position.
An idea regarding Fibonacci
I believe the price within the arcs of the fibonacci circle move in waves
With 1.618 being a bearish wave in this case, with a bullish transition to another ring.
There seems to be a clear relationship between 1.618 and .618 its probably simple for someone more knowledgeable in this field which I am still learning.
Explains on chart....
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(ETCUSD 1W Chart)
It remains to be seen if the 69.480-91.012 can cross over.
If it falls from the 69.480 point, a short-term Stop Loss is...
Been following this chart for weeks, support held well at $66 looking for price to head to the next pivot point on the fib at $93. We could see a rejection at $78 ? This will be interesting to see if the cryptos bull run will return in full stride.
Please comment and give feedback.
I'm still bullish despite this setback. Notice similar capitulation wick right before rebound which was part of previous structure. Also notice how it backtested for the firs time ever and held critical historical support (previous ATH) and how it made a higher low by doing so - most altcoins made a lower low (ETH included) at the same time! This means potential...