This is just a latest version of
As you can see, we are back where we started.
Same follow/fail pattern keeps repeating over and over again. Selecting the latest low or high and plotting the lines on both chart - its that simple. It's a good and simple way to confirm...
Cant make it more simpler than this :)
I am using a 4 h chart but any time frame will do.
This is really simple way to see where the possible decision zone or price is.
If one (or 2) moves above/below the R or S line but the rest refuses to follow, there is strong probability for the change in direction.
In this particular case, if ETH and or LTC wont make it...
BTC is in the decision zone again.
If "A" fails on weekly, we will see "B" and if it holds, "C" and above are highly probable.
No need to freak out over lower time frame wicks. Weekly time frame is the key here. HTF trends are harder to reverse.
I am going to experiment with a split chart . Hopefully it's easier to follow. We will see. If something changes, I'll add updates.
Most of those Fibonacci price projections are from the previous TA I published last week ().
Those are still important and have a major...
For short term, those to areas/levels (green and red box) are really interesting for me, at least.
If the first resistance (red) level is NOT broken, there is a good probability this turns into a 3 dive pattern (see comment with a 4h chart) and hysteria fulled selling will continue for a while.
If red level gets smashed, the next important R is at the area...
Fibonacci price extensions are similar to Fibonacci price retracements. It is also support and resistance indicator that is used to determine possible support and resistance levels.
Again Fibonacci retracemnt, Fibonacci price extensions and Fibonacci price projections. Left side is just a zoom in to 15 min and right side shows a bit bigger picture.
I am looking...
Previous chart (), with exact same data had strange problems, where some values are double or not visible )
A short term outlook for XBTEUR ( Bitcoin ).
Pale pink boxes show are Fibonacci price extensions looking for possible support if move is to south....
LTC failed to push above 140 and took a dive expected.
If 133/134 develops into support - new attempt at 140. If this S fails, direction is to the south, 129 and 125 are back in play. Expect stop hunting - Stop hunting is a strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many...
I find those levels interesting because those are Fibonacci clusters - where multiple fib's line up. Marked with green arrows.
Expecting profit taking, if smashed, look at the next and or update analysis and see what's up.
This is just an updated version of s3.amazonaws.com
Of course, all this is just probabilities and if someone fat fingers a trade or whale bot pukes, it's all out the window.
There is a high probability for some resistance at 8919.5 and if this is blown, next can be at 9388.
Good chance is, this can cause a...
This is from 07.June where R level at C worked as expected.
It should be self explanatory so I'll keep it short and sweet. If 115 fails to hold, there is strong chance to hit 91 level that popped up from a rather sloppy and now invalid 3 dives pattern. As it's a bullish Gartley, expect upward momentum from D.
The red fat R...
This is actually from 2 weeks ago. I almost disregarded it after price shot over the last predicted resistance level but now it looks as we are back on track and probably go trough a correction. If this plays out like that, expecting similar move in BTC and the rest.
LTCEUR - 63.46 / 65.51 will set the mood for LTC.
A - 65.51 becomes a S then > 69.13, next R @ 74.36
B - 65.51 remains R, ping-pong 63/65
C - 63 fails, see you around 60.78 (lover W)
W - from W candles
D - from D
This is actually a 15 days old but I was unable to post it here so I posted it to Here are some interesting R & S levels for #XBTEUR
After 15 days, those levels are still in play and as important as ever. As of now, 4784.6 level is something worth mentioning.
Added EMA's using...