BitcoinLong
BTC - Ratio Projection 1:1 64k by July
Updated
This graph shows the relationship between wave 1 and 2 of the previous 3 wave structure projected forward onto this current wave 1 dip. I used the FIB Time Zone tool to project forward the market structure horizontally. Also I've set the chart to log and projected the same angle of previous high caps 1 and 2 onto the current cap of 1 at 20k. This gives me an x and y cross hair for time and volume. Looking at 5/19 @46k and 7/18 64k
This process is very binary and has no personal creativity or FIB levels applied. It's one ratio of volume and time of a 3 point structure from 1 to 2, applied to the next 3 point structure from 1 to 2 at a 1:1 ratio
This process is very binary and has no personal creativity or FIB levels applied. It's one ratio of volume and time of a 3 point structure from 1 to 2, applied to the next 3 point structure from 1 to 2 at a 1:1 ratio
Note
This is the best graph I've ever done and it gets no love :(Note
This chart has been great to go back to when day trading. If you know the end game you can better prepare for the present. Also looking forward to a month vacation from crypto once we get to 13800, That's a long curve.During that horizontal period I have 12 cryptos I'll be invested in. No BTC, looking for a small bull run around 280% growth avg prediction. Then come May Everything back to BTC to 46k
Note
Currently I'm 80% LTC btw as I see it out performing BTC on this next breakout up to $13,800. By my projection chart I have LTC hitting $374 at that same time, could be higher, need more info on the impulse wave, but so far LTC is looking more bullish
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.