Threw a Fib pitchfork up. Made a channel. Price action has great respect for fibs. Check out the wick taps in the latter half of 2018. EOY Channel High? Same as ATH. EOY Channel Low? $0.50 30-1000% EOY per this channel.
I published my guess of $2121.21 near the end of September. I may have found some supporting evidence.
Using the TSMA and the Monthly chart I discovered the 2016 Rally started at the time the 50 month first minted.
But there is no 100 Month average yet. What are we to do? I edited the 100 down to the closest time frame we have. We are just 8 months and a week...
The end of 2014 saw bitcoin fall from grace. I wasn’t around for it then. (I’D ABSOLUTELY LOVE TO HEAR STORIES OF MARKET SENTIMENT!)
BUT! We can learn from its charts.
2014’s fall was much less volatile compared to 2018.
When the bottom of the 2014 IH&S was set the gentle fall allowed a more confident bull run blowing through the right shoulder in a day.
An update to my original Fibonacci Buy Window.https://www.tradingview.com/chart/BTCUSD/McKr63Fc-Fibonacci-Showing-Us-Our-Buying-Window/
How about a slow bleed until christmas and we hit a year and a half trendline in a inverse head and shoulders to start 2019? I like it and its my Long Strategy. Short term trends provided for support and resistance. The Halvening...
First publication. Eos is attempting to break back into The uptrend it started in late October. (Ascending pink trend lines) The downtrend, shown in descending pink, is the current motion since late January.
No clue which way it’s going... all seems reliant on BTC over the next few days.