snookerer

snookerer

Comparing our current bear market with our previous bear market I think we may crash lower than most people are expecting. If you draw a fib circle and a trend line from the peak down to where we started to push up before our parabolic run up. You will notice in both 2014 and our current bear market the similarities are uncanny! If this plays out the same we are...

snookerer Updated 

This is a zoomed in version of another chart.. We are only hours away from making contact with this blue ring which I think will cause a huge move for bitcoin. Please keep in mind this is a pretty large fib circle so there could be a delay, but i do think this blue ring is the start of some major moves.. I think with Bitfinex longs stacked the move will more than...

snookerer

I mapped out Bitfinex longs to coincide with my other chart with blue ring for a major move.. I think when longs reach the purple or white ring that's when the liquidation begins!

snookerer

The rings that are the same color are part of the same fib circle. You can see back when we dropped from 6k to 3k price pushed up the yellow ring and was rejected by orange ring. The same thing just happened, price pushed up yellow ring and got rejected by orange ring (i have this marked with arrows). We are now moving down the white ring and as you can see when...

snookerer

Using my charting method I show you what I think is the exact date and price bitcoin will peak in our next bull run, as well as the date and price when we will put in our next bottom. I also cover the upcoming BTC halving on may 25th 2020 (halvings are represented by the vertical yellow lines) and show prices throughout the next bull market cycle. Visit my website...

snookerer

If bitcoin price continues to follow down the thick yellow rings and we drop below red ring with red arrow pointing to it then expect a big drop. Two rings back we had a drop when we crossed white ring from the same fib circle and broke support of red ring. Same thing could play out again if drop below last red ring. Longs are stacked while shorts have dropped...

snookerer

If you are interested in having charts this accurate or if you are in interested in having me create charts for you please visit my website "link is in profile" XRP price targets using fib channels and fib circles

snookerer

These fibs were placed way ahead of price action using a method i'm calling fib projection. This is being posted so i can see how this chart plays out over time. I will be making a video down the road on how and why i created this chart and why i think this could be a potential a game changer for calling tops and bottoms way in advance.

snookerer

When price makes contact with that brighter yellow ring we will be dropping to make new lows around 2k - 2.5k. I am expecting this will take place sometime between late July and early Sep 2019.

snookerer

The white line marked with a white arrow is the center line in a schiff pitchfork connecting the 2014 and 2019 bear market. This line played a role as support before our drop from 6k to 3k, and it is currently playing a role as very strong resistance. We have hit this line twice now and price has failed to break through. Within that same pitchfork just one line...

snookerer

I believe manipulation is in full effect currently as these exchanges are trying to cover their butts to liquidate leveraged shorts that have been stacking. As a result this will extend the length of our current bear market, cause a much faster and harder drop and possibly take us to lows lower than previously expected by even the most bearish of bears. Sleep tight! :)

snookerer

The yellow graph represents shorts being liquidated. Exchanges are pumping as much as they have to in order to liquidate these shorts that would clean them out if left checked. They know a dump is coming soon so they have to push price up before of that drop can happen. This is not organic growth as we have broke though major resistance like a knife through...

snookerer

Notice how all of these fib circles match up so well. Peaks and bottom wicks touch all of these fib rings showing that they are all connected. Using these fib circles i connect and compare both bitcoin bear markets taking into account the current price manipulation pushing up price to liquidate shorts.