Hi , Everything is stated in the chart (Bitcoin worldview)
testing my fib waves theory 2.618 should break out bullishly, continue upwards, a continuation of the previous 2.618 state Idea also for UNIUSD I am neutral on UNI, but still think it will play out bullishly throughout 2.618
XRPBTC has formed a nice looking bullflag Strongest trendline identified (dotted line) and used for a fib circle It can be recognized as the strongest trend with evidence of price touching or bouncing off the inner circle (in ovals / circles) Breakout up likely
LS = Left shoulder H = Head RS = Right shoulder Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified Without the circle, this pattern is very difficult to identify The main challenge using the circle is identifying the strongest trend. (Green line) Here is my guide to using the Fib...
See my graph on the 1D chart. MATIC wants to break above the resistance line, revisiting 120 sats, then moving forward to 150 sats and above. Of course, it depends on the BTC movement as we all know. Nevertheless, MATIC is a good buy here I think. No advice from me, i just look at the charts :)
Where Bitcoin could possibly end up using the Fib Circles. This is only speculative but very very real. Let's consider all the infinite QE into the money system that has no end. This is the US Dollar Fiat system that is now on a collision course to a Zimbabwe or Weimar Republic, Germany hyperinflation catastrophe. We may see a $250,000 Bitcoin price tag by the...