really looking like s now. Next logical target 0.786/0.886 or even more precise: 3.618/4.236 b/c that was triggered on 2.618 --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Lets keep it simple: We've got a complete cycle hitting 4.236 fib + fake high missing local 1.13 fib + markets in panic We had a small H&S pointing to T1: Hit Whats next? Expecting a bounce after hitting 0.5 fib @ 7.69 possibly forming a bigger H&S Hitting 0.5 again after the bounce will trigger the bigger H&S and will quickly lead to 0.618-0.886...
Off the low in June, we got a full algo ending on 2.618. Right now price is retracing from the december rally and about to lose the trend for 2nd time, so most likely local 0.886 will be tested (in case the move off the low has been impulsive) If it was corrective however with an overlapping B most likely, 0.886 wont hold and Matic might finish this 5-legged...
Here we are 85% off the recent high, price gets narrowed inside a tiny range most likely implicating a strong move to follow. Up or down, we shall see but a conservate target of 0.618 would mean 3,5x Have we seen a similar movement before? Hell yeah, End of 2022 and even 2021 on a HTF MA's flattening out, patience! --- If you like my content, if it helps you...
Either it goes from here or its gonna go down hard. Invalidation 1.0 fib --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Just short the f out of it with super close SL --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Either it bounces here right on 0.886 with super small SL or it continues down If it bounces: 0.886/1.272 next If it doesnt: it will get cheap --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
strong move to follow, similar to the Ziliqua wedge (which failed to continue) Lets see where it breaks out here --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Let's be honest: It was a pretty tough spot for maxis and bag holders to let go in an area so close to surpass the downtrend line while getting spammed on twitter about how close a ruling in the court case might finally be. If you managed to sell near or around top: congrats you got 25-30% in your favor now! Which will be just a live changer by itself because...
We've got a nice reaction off 1.618 corrective fib and the terminal bar's low should be level for invalidation and especially the 1.0 fib level. If invalidation, most likely gonna visit 0.886 of total move since low around 0.002641 () As long as no invalidation is triggered, target remains 4.236 @ 0.0038 with possible expansion towards 8.236 --- If you like...
Bigger flag: BREAK DOWN Retest of lower boundary of bigger flag: FAILED Small flag: BREAK DOWN Retest of lower boundary of smaller flag: FAILED Will 0.786-0.886 hold aka will it deviate back into range? If it doesnt: Bottom of channel next logical target --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer...
Looking at this tiny price action for quiet half a year within a 35% range. Once breaking up 0.236/0.382 are first targets, 0.618-0.886 for later A break down would be kind of bad tho --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
That would be the best for alts and altseason to happen --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Could lead to retest 0.618-0.886 locally, ideally upper trendline, before continuing lower Once triggered 0.886, 1.272 comes right as next target. Dip below 0.5 and instantly continue descent --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Rising wedges tend to 1) fail break out to the top before 2) r/s flipping the lower boundary and finally 3) blatantly crashing down, right? And people really expect it to fail out a 2nd time to the top after this massive volume BTC had the past weeks? Hold my beer pls ---- No financial advice, do your own research, don't be stupid
but seems the original count/idea seems still valid- If 1.0 level holds, expecting correction to end 1.272-1.618 and then blasting towards 4.236 or even 8.236 Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Bytecoin has been once of the very first cryptos and has been kind of abandoned sadly. But its been around since 2015 and lately has reversed trend that corrective 1.618 fib. If BCN manages to reclaim 0.236 like many other have already achieved, theres more room to the upside and if volume kicks in, this could go incredibly high. RSI turning from overbought...
Ideally locally it will hit 8.236 before retracing to intermediate 1.618/1.886 and holding local 4.236. Thereafter possible contiuation towards intermediate 4.236/major 0.886 Hold my beer pls ---- No financial advice, do your own research, don't be stupid