Hi there. I'm not a pro, I'm afraid of shit like most people but not so much that I get paralyzed. I use the Boss Method for charting and I feel like there are a lot of things that line up pretty well with this chart.
The MA's are 7,77 and 231.
Vertical Fib: Starts at the "lightning moment" around feb-march of last year and tops out at top of candles around...
Top 10 Coin
multiple trendline confirmations
Appx 20 day cycle lines that go back to the beginning and intersect with current energy
MA's include 231, 77, 21, 7 day
Classic fib retracement to .618-.5
Price still below 4500 as of this posting
231day MA still shows upward momentum on the 343m chart
Look at that first mini-cycle in correlation as to whats...
Check out this chart.. There are confirmations all over it.. i hope!!! Safe Haven for now with some possible upside. It seems to have been fairly resistant to BTC fluctuations and is in a nice uptrend channel.
Fib cycle lines pinpoint energy on a 7, 21, 77 and 231 day MA.
Good upward pressure from the 231..
Fib retracement shows solid support at...
MONA's looking for a breakout!
Cycle lines look right, solid support over the last couple days, good upward pressure by the 231MA(white shade area), 7MA crossing up on the 77MA. Price will most likely be rejected by the 231 but not before you see 30% gains, in a short amount of time, like less than a week. If you want to stay in longer, we might see a full on...
I keep my eye on Mona..both of them at times... Its has very "neat" cycles, very clear break out, breakdown, flatline. In about 1.5 months of each other so far.
I use the BOSS Method to chart.. this includes mostly a 7 and 77 day moving averages, BOSS Method can also incorporate 21(red) day and 231 day.
Right now I believe Mona is looking for a "mini-breakout",...
12/30/2017... BTC is breaking down, because of the lower trendline i believe BTC will catch on the .5 rather than the .236. The Fib retracement levels were drawn from where it really started to breakout around the 24th of Aug, The fib time cycles i struggled with a bit because if I had started from the same point nothing made sense, it was almost like it did a...
I know this chart only has some basic trendlines and spots of interest, but I believe it shows some good energy for Monaco. I am totally open to why this chart is good, what could be better about it, or why it sucks.
So it broke out, broke down, then all the back down almost to where it broke out initially, it tried to break out but BTC stole its thunder(like...