horo7num

horo7num

my wild guess, if bearish, it will be : combinations of 5 factors 1. fib ext. at 1.0 aim 2. bearish trendlines (3 points support) 3. last clear support price 4. MCDX shows that whales are leaving (takes time to come back) 5. time channel (1:1) shows many fine mapped points (1 time zone = 8 months period) so it could be fun this year. :P --note-- for edu...

horo7num

if it pass this 3 point resistant line , it will still have to pass fib ext. 0.618 (around 26K USD) for bearish trend ; the latter one is very strong also. let s see. for edu purpose only, not for fin advice. thnks

horo7num

my simple thought on simple patterns 1. big bear flag overrules the trend after the small downward wedge occured 2. Head n shoulders pattern 3. potential fibonacci time channel that could map H&S pattern 4. trend lines price range crosses fib time channel, price could drop to 10-20k USD at the end of H&S pattern. not a finanical advice , it's from my very simple...