One more leg down as expected. Posting part II of my analysis to show a beautiful Triangle on 15M chart. Price action shows pivot point reversal reacting to 0.707* (70.7%) of Fibonacci Retracement. Triangle confluence with 14.6% target. *0.707 is the square root of 0.5.
After an swing upward, price fail to reach at least 33k region. Candlesticks inverted hammer & doji consecutive after an peak, bearish. Neckline: the priceaction will reaction from this and pullback to test. Expected a head in formation. Head and Shoulders correction in confluence to triangle. I've wright in baloon 'if price... breaks down... confirm...
BTCUSDT will reached the key level of 28.7K soon. This is a special point of interest and institutional support. The price action reacting to these area can project a pullback at least 35k. This don't significate the final of this bearmarket. This level coincides with 23.6% of the Fibonacci Retracement from All-Time-High, also called 'peak of Head'. We have a...
I'm updating my chart adding one more Fibonacci retracement target. As we can see the price has been rejected from 78.6%. From the last post: Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss...
BTCUSDT AB=CD Harmonic potential target plus major Head and Shoulders target. Oscillator Ehlers' Stochastic Center of Gravity ( ) hidden bearish divergence. 30M overbought.
Price action has been rejected from 88.6% - 78.6% range, 15M overbought. Ttarget at 14.6% of Fibonacci retracement (28.7k). Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss in the market. 88.6...
I'm updating my targets from this harmonic pattern AB=CD at 3.33 Fibonacci ratio plus one more Fibonacci Retracement level.
My Nov '21 target from the peak is near. The XA swing trendline from the Crab harmonic pattern has been broke down. BTCUSDT is collapsing and don't showing strenght for a retest of this trendline for now.
Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss in the market. 88.6 = 1 - X, X = 14.6. These are hidden levels on the standard scale. But you can add them manually. As you can see on chart, my...
The market is falling. After the target reached I'm have a new target at 14.6% Fibonacci Retracement. My prediction about the trajectory with Fisher Transform was accomplished. Major tendence is bearish;
BTCUSDT on 30M chart shows a Doji reversal candlestick after retrace to -61.8% of my last target accomplished. AB=CD target 3.33% Fibonacci extension downward. Oscillator: Ehlers Stochastic CG, bearish signal. Shows of weakness.
BTCUSDT seems to be forming a broadening structure and all I have to do is SHORT!
DARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher...
BTCUSDT micro double bottom - possible pullback. The price action has been made a wonderfull bear flag structure and the double bottom is in conjunction with an oversold condiction and increased interest in accumulation. My technical analysis is mainly based on Fibonacci ratios in a sequencial AB=CD pattern. Expecting a intraday swing upward in a potential micro...
The price action seems to playng out a micro Bearish Crab pattern formation as a final leg to supply at the peak of the bear flag structure. The market is oversold in the intraday and a pullback is expected at the PRZ zone.
DARUSDT will retrace. 1$ is a worth. Oscillator: Ehler's Fisher Transform crossing. Bearish momentum and big SOW. Target at 14.6% key level in convergence with local support.
BTCUSDT 15M Fibonacci Retracement Setup w/ Ehler's Fisher randform & Fisher Stoochastic Center of Gravity oscillators. Target at 14.6% (34.5K) key level of Fibonacci Retracement.
One more leg down expected. Beartrend continues after 2 selling setups. I'm targeting a possible Head and Shoulder effect. Ehler's Smoothed Stochastic shows a bearish momentum till the weekly close.