besides bullish divergence on the weekly and numerous other indications like hashrate, aproaching halving etc.
the probability that we have bottomed out is in my opinion quite high from what i see and feel.
so here i drew some trendlines and a fib circle
the Ellipses are equal size (copy/paste)
they seem dancing around the following fib circles coloured RED.
1st = 1.618,
2nd = 4.618,
3rd = 6.618
i speculate the upcoming 4th = 8.618
added the past halving dates and upcoming 4th halving aprox early Q1 2024
of course this is not financial advise but an idea exploring visible patterns and possible target zones.
let me know your thoughts.
the probability that we have bottomed out is in my opinion quite high from what i see and feel.
so here i drew some trendlines and a fib circle
the Ellipses are equal size (copy/paste)
they seem dancing around the following fib circles coloured RED.
1st = 1.618,
2nd = 4.618,
3rd = 6.618
i speculate the upcoming 4th = 8.618
added the past halving dates and upcoming 4th halving aprox early Q1 2024
of course this is not financial advise but an idea exploring visible patterns and possible target zones.
let me know your thoughts.
Trade active
Trade active
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I'd say we called the bottom with this idea over a year ago didn't we?Note
Congrats to the few people who noticed my Idea that called the absolute bottom at 15K! See here a critical update on bitcoin!
Trade closed: target reached
Trade closed. See my latest note on this trade and watch out for a new more detailed Idea coming up!
The more tips you drop, the more updates I'll pop!
Dogecoin Wallet 4 Tips: DAHK4qkQG1S6sduBUxn2EWXRht7eFpeb1z
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Dogecoin Wallet 4 Tips: DAHK4qkQG1S6sduBUxn2EWXRht7eFpeb1z
DM for exclusive, private Telegram mentoring group.
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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.
The more tips you drop, the more updates I'll pop!
Dogecoin Wallet 4 Tips: DAHK4qkQG1S6sduBUxn2EWXRht7eFpeb1z
DM for exclusive, private Telegram mentoring group.
Dogecoin Wallet 4 Tips: DAHK4qkQG1S6sduBUxn2EWXRht7eFpeb1z
DM for exclusive, private Telegram mentoring group.
Related publications
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.