April started !! With so many harmonics and possible Circle Fibs It was hard to get what would be the bottom with estimates varying between 6.7, 6.6 and 6.5K. My "first" estimate was a long time ago for 6.5K, you can search on my ideas for that, but with market dynamics I really thought It would "forget" old estimates and revert/bounce on a recent estimate. It is...
Bulls are getting some time but anyway you need to monitor both sides, this is the grand bearish map since ATH. There is even some indication that the Bear market has ended here but you never know for sure. So if Bulls somehow get weak and lost the dashed 1.0 Circle Fib bearish market will return.
Bears got a little bit oversold are they coming back soon to resume carnage or Bulls will take over ? Well if Bulls get a chance it will go to 9.4K and possibly 11K. I have a feeling Bear market has not ended so as always setup your risk management with a stop loss.
This is my daily update for Bears and the reality is here with every bull attempt getting heavily refuted. On the last bear leg market was a lot single sided with too much short positions that a huge bull spike happened to shake it before resuming. Now market is divided which makes a bear run stable. So this is my emotionless short words view for a long Bear...
Btc is right now doing some bounce, where this supposed support come from ? In fact there is a real support there, it was so subtle that got forgotten, now let's monitor a bit because volatility is way high right now. If it break down this brand new 1.0 Circle Fib them my friend expect doom !
This idea is not about longs or shorts or prices, it is about timing, timing on market is almost unknown field but I am using some empirical studies with Circles Fibs to master it. I have a very large Circle Fibs giving key timing about events, sometimes it is a minor change of direction sometimes it is major moves so time has come again for a key moment.
The recent Daily Bullish was to show the possible return to mean but is on a need for zoom in. BTC crossed the 1H MA50 so there is still hope and if market can go unexpected ways and paths that's one I would say have low probability. But this is just a plan and possible setup to keep on mind in case it happens. As always I put everything on chart so you don't need...
Looking at Daily you can see the last attempt to return to mean was rejected but crucially no new low was made. So there is still a chance market could return to mean to test it from the downside and that's the 9.2K bull target last hope. But a new low could be in progress so this a matter of risk reward, you can set a ratio high enough that you will loose near to...
Those bearish traders think I was crazy about market going up, so this is just for you bears. This is a more extreme view where bulls will suffer the most. But if you look at daily or even weekly you will find market by all means are still bearish ! I have put every possible bear target on chart so you don't need to loose to much time reading when an image worth a...
BTC got to our target early than expected so I have used the wrong circle extension and that happens as tracking time is very hard. Now there is a battle on 8K where it can go deeper into 1.0 Fib (7.8K) or resumes bullish from here. If it resumes from here our next target is 10K in the next 6 days with good probability to go 11.1K as well. But if it goes to 7.8K...
Looks like ADA is back on track. Let's see how this unfold, target on chart !
Dash is looking good on picture after completing the 1.618 Fib cycle and got it tested two times. Now it is looking unstoppable ! Targets on chart. Setup a proper risk management and always use stops !
BTC got into a triangle formation. Because there is no triangles in circles our perspective can only show possible breakouts. Inner TF shows bearish while outer ones shows both, so it is hard as always to predict where it is going. This is my opinionated view where I think it will be more harmonic and healthy for it to go short a bit before going up. How do you...
BTC got a bit short but not enough to show a bear market, instead it is mounting a pivot on what looks like the start of a wave 3 inside a big larger wave 3. I am putting together both bears and bulls target and that's not about getting right whatever market go. I am not here to tell the future, this is about a setup perspective where someone could setup a trade...
BTC failed to make so far a new high and as expected bears appeared again. It is now testing our support curve where some good moves will follow. If it's able to hold it can go the bull target of 9.6K or else go to our bears target on green flags.
BTC is soon to reveal his mid term fate as market is reaching crucial point where Bears could appear again. Possible targets on chart !
Market is not defined either way but on request this is a chart for possible middle term position trade. There is a lot of possible variations on this so it is just some raw draft for a very much bullish scenario.