As you can see we pinged the fib levels multiple times. I'm not biased bearish and I don't usually trade waves as there are other strategies that can even be automated. so I'd like to live and earn money, not just to sit in front of the computer for hours to find waves. but this one caught my eyes and I thought I must share it with you guys. but just saying if...
Just found this interesting to share with you. Golden fibs are calculated by multiplying (1+√5)/2 by the previous golden fib. the rest are calculated by multiplying 1.145,1.236 and 1.382 by the previous golden fib.
PS: maybe it's wasn't Maradona but nearing an ATH :)
the numbers talk. I used 1/spx to show you the big crashes better, so that means the greens are ex reds right? I myself got goosebumps when I noticed this first. Monday, September 1, 2031, is the confluence of two time series fibs. will it be another pandemic? not sure but I had no choice but to share this with you. like if u got chills too
The two first moves are likely to happen IMO but the strong move upwards depends on how the whole market works. and so far it hasn't been the best for bitcoin. Bitcoin is like a spoiled kid that when others don't give him enough attention, he destroys everything. so I will keep an eye on BTC.D
because I think bitcoin can expand the triangle a little bit and then...
this is just to keep track of what will happen when the Chinese 20-ton weighted rocket falls back on earth. Gann traders say everything with a huge mass has an impact on human behavior and that can be seen on the markets too. I would agree on the first part cause 70% of our body is made up of water and when the moon can impact on seas, so does it on our body. but...
a combination of Elliott waves theory and Gartley pattern. which is all the same thing that should be understood under the concepts of fibs ratios.
It should go up from the time-price green box region.
the movement of BTCUSDT has so far been in a way that's shaped a not excellent but very good bearish bat pattern which results in hitting the first target over 90% of the time. and that's 49488 which means it will return back down 50K and that could possibly lead to trapped bulls blood.