Odalisque

Odalisque Updated 

The circles are colored as to mark the large and small fractals. Since the current pattern is unfolding below 48k, this has a very real potential of being a sort of 'doomsday fractal' that plunges the price below the 11/'22 bottom.

Odalisque

This inverted (upside down) chart shows a clear bearflag forming with a falling wedge at the point of breaking out. The final target is around 10k.

Odalisque

Seeing as it was 6 months ago that the 200MA on the Daily was touched it makes sense for the trend to gravitate towards it now. This does however coincide with a near perfect bearish bat Gartley harmonic and when the 200MA target is combined with the bearish bat and the chart is turned upside-down, yet another huge bearflag can be seen, which target coincides...

Odalisque

I posted this analysis a while ago and someone told me I was smoking crack. But when looking at the entire way down from last ATH we can see there has not been one actual counter rally, as in a rally above recovery range after a harsh drop. All we are seeing is one bearflag after another and this leads me to believe this is actually playing out. In addition to...

Odalisque Updated 

When analyzing this enormous wedge that stretches back to 2014 and applying the rule of thumb that the target is the 'first pivot', a fall to the 0.786 Fib line would be possible. I'm not saying this has the highest likelyhood and I do not expect this to play out, but I found it interesting to sketch it out.

Odalisque

This formation has been forming for months now and seems to have come to it's end. In using the Fibs compared to the flagpole extrapolation it can be said to be confirmed this formation is an actual bearflag.

Odalisque

The cup and handle currently being formed would suggest we go higher, but the coinciding of the 200MA on the daily timeframe with the bearish butterfly harmonic pattern suggests that upward pressure will be cut short around 24150, finally marking the highest point of the bearflag and it's breakout to the downside.

Odalisque

We have a cup and handle forming on the BTC chart. The 1.618 of the bullflag forming right now is 27350, at which point reversal will most likely happen, making 15600 the target thereafter.

Odalisque Updated 

We have a bearish butterfly showing on the Bitcoin chart. We will see it reach Fib extension 1 at which point it will have reached the highest point of the bearflag, thus reversing and trending towards 11k over the coming days.

Odalisque

Hey there Tradingview community, thought I'd draw out what the Fibs, Fractals and Wedges tell me is to happen. As I have drawn the fractals as they have formed previously from the peak till the middle of the trend with the bearflag. The same I have drawn with the bigger wedges, the largest, falling, the one smaller connected to the right of it, rising. Thus a 50%...

Odalisque

Using the Fibonacci timezone tool and cross referencing this with the falling wedge that seems to be forming, I would see us going up to around 25550, touching the upper trendline, before dropping one last time, to the 14k zone. After this has completed we will be seeing the actual rally start that breaks out of this, by that time, bullflag and marking the start...

Odalisque

Bitcoin is currently forming another rising wedge, as it did with the previous level of consolidation. I still see a bearflag forming all the same. The level we are at is much riskier than the one we dropped from previously... Be wary traders.

Odalisque

As in my previous post, this is still the formation of a bearflag, this however is the image with the wedge updated as of now.

Odalisque

As the title says, when the chart is flipped a fractal from the smaller bearflag (the smaller falling wedge in this image) is forming as a part of the, soon to be, greater bearflag. The target for this flag is around 10k.

Odalisque Updated 

The falling wedge which I previously missed. Up we go.

Odalisque

When the chart is inverted a bearflag is shown. The flagpole extrapolation is shown with the yellow trend lines of equal length.

Odalisque

Hey guys, I think there is reason to take this into consideration. This huge rising wedge seems to be playing out right now.

Odalisque

Invert the chart and we see a bearflag form. Target should be the last leg down before we get this show on the road again.