Jjesterr

Jjesterr

Not financial advice, nor is this a firm statement. This is based on personal bias only. Notes: Vertical Purple Lines: 1yr marks from January to January. Horizontal Yellow Lines: Major Resistance. Diagonal Line: Major ATH Trend.

Jjesterr

Notes: °Vertical Purple Lines: Represents 1yr from January to January. °Horizontal Yellow Lines: Major Resistance. °Blue Diagonal Line: Major ATH trend line.

Jjesterr

We've been riding out support, and we've been hitting resistance. It's time for a market decision. What do you think?

Jjesterr

Take this with a grain of salt.. Previous Trending pattern bullish. Continually bouncing off the 4hr 20MA Ribbon. You can even see that the Fibonacci levels are acting properly as support/resistance indicators. Based on my chart, we're currently in the stage of Nirvana (FTR 4-4.618). The next target is within the Nirvana w/o Substrate level (FTR 10-10.618). IF...

Jjesterr

Take this with a grain of salt. You've heard of the golden pocket in Fibonacci? I present to you the state of Nirvana. If you understand the concept behind Nirvana you can transpose those ideas into the financial realm. You typically have your 0 to 1 Fibonacci levels to measure pull backs, but I've taken this and went beyond that standard measurement to measure...

Jjesterr

Is this a Ascending Triangle or Parabolic move? What's your thoughts on this?

Jjesterr

It would appear our triangle has full formed last night creating this continuation pattern. Our price target is 50k, which is also the Daily 100e/ma. However, I strongly believe that it will be bought back up very, very fast between 45k to 50k. This could result in the scenario of the 2017 ATH in a previous post that I made regarding a Candle Pattern signaling...

Jjesterr

Hear me out -- this is only speculation based on pattern analysis. As the saying goes "The Trend Is Your Friend." What is shown is not guaranteed to occur exactly as shown, nor will what data is displayed will be accurate. This is only an idea, again, based on pattern analysis. Reviewing nearly the entire timeline of Bitcoin on the MSC - We can draw many things...

Jjesterr

Taking a look at the STFM we can easily see that we're in the accumulation zone right before a huge break to the next True ATH. Put your seat belts on, hold on tight! Chart speaks for itself. Not Financial Advice. Price Action Not Guaranteed.

Jjesterr

Drop to 52k before going up to 69k. Chart and Indicator speaks for itself. Not Financial Advice. Price Action Not Guaranteed.

Jjesterr

Not Advice. Price Action Not Guaranteed.

Jjesterr

Not Financial Advice. Price Action Not Guaranteed.

Jjesterr

We hit the 61.8% -- are we going to bounce up? Maybe. Will we possibly test the bottom EMA, which is also the 50%? Maybe. We are in a "double bottom" setup atm on the 1hr/4hr. However, it's not considered a double bottom until the pattern completes, so wait for it. Not Advice. Price Action Not Guaranteed.

Jjesterr Updated 

The chart and tool will speak for itself.

Jjesterr

We had a bull flag on the 30m/1hr time, and that broke up nicely. On the 4hr to daily we have an ascending Triangle, if we break up we have a target of 2k. Not Advice. Price Action(s) Not Guaranteed.

Jjesterr

"Get ready for the 4th!" Anyways, I think a fall back to the 61.8% would be a reasonable scenario before a pump up to 10 cents. Not Advice. Price Action Not Guruanteed.

Jjesterr

Not Advice. Price Action Not Guaranteed.

Jjesterr

Taking 3 different Fibonacci retracements, we already reached and bounced from the first one; that leaves the other two. Will we continue the same pattern until the final fibonacci before a big move upwards? Not Advice. Price Action Not Guaranteed.