this is a god like pattern exist not only on the 15mins 1mins but also on 1 second chart!!!!!!!!!!!!!!!!!!! we will pump very hard on the 4 hrs.
Then this is a ABC to the upside. EZ
who says the market is unpredictable? Fractal is a beautiful mathematics concept for predicting the market. www.mexshark.com prntscr.com
I think this is a fake out and just finished the pullback, pump inc.
In order to get rid of those noises from the low liquidity market, I introduced these combination to catch the trend, and swing with the whales. Cheers!!!
I don't know what it means yet, but we will know next week
Since the market is so choppy and almost killed every scalping's profit, I am going to long this daily confluence. Daily doji + 6 indicators bottoming, If it goes below 8.5k, I will close my longs. If this go down, I need to rebuild the whole trading system from scratch.
Since I realized that the momentum analysis fails these days, I am looking for something more solid. I will add more cycle patterns on my website : www.mexshark.com and below: a. The chart above showing 5 bars up 4 bars down I assumed the sixth bar will take this down. Observation: result:
This is a classical fake out + diagnosis pattern
I am looking at another 50% growth of BTC, From the fractal perspective, this is highly possible. All we need is a solid launch panel... Let the time tell us where it goes, And happy trading :P
Let's see what will happen next. This parallel Smart RSIC support is more like an interstellar story... lol.. After two years, will it still play its role? Hmm, The time will tell.