Was analyzing the chart and came across this fractal. It foretells a return to the 0.886 retracement of the down move which brings us to 8706.
A dump to 7xxx should proceed right after.
Proper risk management and tight stops as always
All the best!
Organic growth seems nowhere in sight as BTC continues to make parabolic moves fuelled by questionable means. Some say the entire market is simulated and just being held up by Tether and Co. Rampant manipulation and wash trading keep Bitcoin a niche asset which is far from worldwide adoption.
Here is my analysis, you'll see the use of a Schiff Pitchfork and...
BTCUSD has just had another fall from yearly all time highs, looking for a move to 6500 area soon enough.
Price has completed 5 waves up and is in the process of correction. Support/ Resistance areas have been determined by Fibonacci. I expect to close short at 7880.
Future updates are on the way, stay tuned! :D
I am ready for the buy-in of a lifetime on EOS.
I already own plenty and am looking to add to my hodl. Harmonically EOSUSD is bearish . Get ready to buy the bottom.
Make sure your risk management is on point, only you are responsible for your actions, the market is just doing its own vibration...
Believe me, each chart has a story to tell. Listen to it,observe the chart, it will reveal its secrets...
(Enjoy my charts as art, appreciate me as a trader, but do not perceive me as a financial manager, i do not take responsibility for your hard earned captial.)
The universe is conspiring in your favour always..