*for regular monitoring* Triggering zones and areas of resistance and support.
Common fractal of similar phase of the market. When price breaks into green zone - buy into red zone - sell or wait for the bottom and accumulate more
This chart is dedicated to people who feel bullish about bitcoin and projects the potential moves in terms of fractal.
Breaking above dotted blue line is a signal to enter in another cycle. Timing is considered by relating similar fractals based on fib relations.
*Experimental series of work for research purposes* Testing double fib relationship
Some people have argued with me that bitcoin will drop. I backed up overall bearish sentiment of the market by the relevant fractal of decline. In anyway, for btc to drop further it must enter red triggering area for bears potential dominance. But since we had to many attempts to break below the main support level of 6k and all those efforts were not showing any...
Another fractal config applied to current case
Fib progression based on first fractal Note that time fibs often play role of reversing market direction.
S/R levels. Short term multi-target scheme. Fib price/time scale config.
A template for monitoring. (Zoom out to view the rest of time fibs set and its correlation)