TLM USDTThe harmonic pattern seems to be complete. The retracement level will be the old supply zone corresponding to the 1,13 and 1.27 fibonacci level.
I don't think it will go below that. Even if it goes down, it wouldn't make sense to sell anything here. Loss correction can be made by adding sub-regions.
but for this, first of all, it is necessary to see if the line I drew with the red line will be broken.
While the CMF indicator is 0.17 above zero, if the trend of the cmf indicator suggests that it will continue down, some amount can be sold to buy back from below. (for 4H time period)
This was a pessimistic picture. Now let's look at it from an optimistic perspective.
While it is above the red line, which corresponds to 0.618 in the 4-hour time frame, if it does test the 0.382 fibonacci level in the daily time frame and stay there, it will turn up again and start a new trend.
It should look like this.
If this happens, the Inverse Head and Shoulders pattern will appear.
To understand this ahead of time, the right shoulder volume candles should continue to shrink as I show in the chart below.
Again, in this chart, you can see the targets that could be possible if the scenario we predict happens.
Shoulder height will be completed first. This is target 1.
A cup pattern should appear when Head and Shoulders is completely finished. It has to retreat from here and go up to handle height. this is target 2
It should then reach the cup depth. This is goal 3
If we have not made any mistakes in this simulation, this image will emerge.
Both Inverse Head and Shoulders pattern, cup pattern and Fibonacci levels show full compatibility with each other.
By following the indicator values, it can be predicted whether this will happen or not.
But it should be wiser to act as if the scenario I first described will happen.
Because sometimes not losing is winning.
Note: not investment advice.
Cryptobrainn
BTC Trend AnalysisBefore BTC fell, I mentioned that it would fall in the analysis I published in another language.
According to the analysis of the Shark pattern, I think that the targets have not been set yet.
When we look at the now, we can see what has changed after the shark 2 pattern.
When we look at the present, we see elliot waves and corrections.
If you are one of those who think that the location of the 3rd wave is wrong, I respect your comment.
If elliot 3rd wave lasts longer or is stronger than expected, it will shorten wave 5th. Comment with that in mind.
If wave 5 moves beyond that trendline, it is called a throw over. When there are weak 5th waves like this, sharp decreases can be experienced.
An example from 2019. The 3rd wave seems to have weakened the 5th wave here as well. The downtrend is just as fast and destructive. This is not our topic. I had to go into detail because some friends wanted me to explain.
If anyone wants more information, I can add academic article suggestions to the comments.
Whether this is a smooth elliot wave or not, let's continue to examine with current patterns and indicator data.
These two patterns may have compatible Fibonacci levels.
1. model C leg ended at 1.13 and leg B is out of measurement limits. In the 2. model, the b leg is much higher than 0.618 and again outside the measurement limits.
Taking these measurements as a reference, there is only a shark pattern that I know of, where the b legs are out of the measurement and the C legs are at the levels of 1.13 and 0.886.
If I'm not mistaken and the measurements are correct, the 0.618 resistance of pattern 1 would correspond to the 1.13 level of pattern 2.
if this happens, we can think of it as pattern shark 2. In this case, we can expect a decrease.
Although not certain , shark patterns have always been accompanied by another harmonic pattern.
In summary, I see an M after every W or a W after every M in general. I think these two models complement each other.
After this, it is likely that there will be a decline instead of a new pattern.
I wrote a support resistance script. When you look at it in sync with the sine waves, you feel there is a missing picture. This has nothing to do with technical analysis.
A feeling that anyone familiar with reading graphs can have too.
Let's look at the patterns that may appear when we try to simulate a pattern on this image.
This is our 1st simulation
In this case, the price will regress to 32K levels and go to 59K from there.
I never think there will be this second scenario, but I still want to share it.
and this is scenario 3
Finally, I want to share what I actually think;
These are money indicators.
When the red line cross under the green line prices have always risen.
According to the Aroon indicator, sellers are still weak and buyers don't care much right now. If the aroon down continues to go up and the aroon up turns up, that means it's trending.( In the monthly time frame)
Maybe I'm not seeing logically by thinking emotionally. But Tesla shares are up right now. And according to the analysis I shared last , I think Tesla shares are about to pull back down. Tesla and BTC are inversely proportional. So they arbitrage.
BTC will experience another minor correction. I think ? I believe that after this retracement , the real trend that everyone has been waiting for will begin.
This is a chart drawn by monthly time period. A downward harmonic pattern does not match my measurements.
I can only match the data with a crab pattern you see in this graph.(indicator and candles)
Maybe my emotional expectation subconsciously guided me like this. But at least the indicator data can support this expectation.
There's usually a pullback every weekend. I guess next week everything will be clear. I do not think that names like Elon musk and michael saylor will allow the large amount of bitcoin in their hands to become garbage.
Note: This is not investment advice.
Tesla and Bitcoin Correlation TSLA Technical AnalysisWe see that an up-trend trend has started with the crossover where I circled it.
I believe that Tesla investors definitely have a trade with BTC.
When Tesla breaks the BTC line downwards, we see that prices are broken as well.
You might think it's a coincidence.
So let's look at the old data.
Year 2019
Arbitrage nodes can be seen everywhere.
Let us now return to standard analysis methods.
Let's look again at the price movements before examining the patterns etc.
The upward movement seems to continue here, but you can see in the indicator data that there is a break or even a regression in the flow of money.
When you make an observation by adjusting the price lines, we can see that a cross is about to occur again.
Since this cross is inclined upwards, we can interpret it in favor of Tesla.
BTC will also be affected by this collision and will achieve value even if it is at the bottom.
For some of you, a BTC / Tesla relationship may seem unreasonable. I know . You might think that BTC is not even a currency. But that does not change that fact.
twitter.com
He expresses that he has an emotional connection with BTC at every opportunity.
BTC's close relationship with Tesla shares stems from its large investors. Because BTC became the official currency of Tesla.
Look, in the picture below, you can see the big investments that Alon Musk has
Do you find it interesting?
If there are any of us who have not heard of them before, I would like to talk briefly about dogecoin and floki currency.
Dogecoin; I think it was created by Alon Musk.
2013 was a new era for Alon Musk.
Launching the SES-8 satellite on December 3, 2013 was SpaceX's first launch into a geosynchronous orbit.
On December 6, 2013, Dogecoin rapidly developed its own Internet community, reaching a market price of $ 5.4 billion on January 28, 2021.(Wikipedia)
We can not ignore the crypto investments behind the wealth and success that are growing rapidly after 2013.
So if you are interested in Tesla, here are 3 more things to keep in mind.
DogeCoin
Bitcoin
FlokiCoin
Now we can start looking at the graph.
We see that the previous trend completed the Elliott wave 5 wave. However, the extension of the 3rd wave seems to have caused the 5th wave to be short. The shortness of the second wave and the expansion of the third wave made the retreat movement stronger.
There is a harmonious pattern showing between the 3rd wave and the B leg. But I do not think it is a pattern. A double bottom will be a more objective view
It will most likely enter a harmonious pattern afterwards.
Aroon Indicator now suggests that buyers are weakening and the adx trend is now over.
By looking at CMF, we can see that the flow of money has also lost power.
Along with a negative deviation in momentum and CMF, we can consider bear candle pattern
Given these data, it would make more sense for me to wait for a recovery of a trend that has been happening for about 3 months, if not a big drop.
In addition to all these, if commercial activities, Alon Musk's relationship with BTC etc. Taken into account, I think a safer approach can be followed.
Because I think investors like Alon Musk and Michael Sailor are turning to the crypto market again due to the low price of BTC.
When we look at the weekly time frame, we see that the average has dropped, but the flow of money is trying to remain stable.
If it was on a downward trend, I might have considered a move upwards. But seeing it on the rise sounds to me like a bear sign.
When we examine the supply zone over the previous data, we can see that these areas match the pattern we expect
If it's going to go downtrend as we expect and use the old support areas, it's roughly in line with 1.24 levels of our pattern.
Yes, it's a huge loss of money.
When we look at the monthly time frame, we see that it made a correction at 0.618
I think we need to be careful when we look at slider data as part of the monthly time frame.
Aroon up did not respond positively to candle movements. ADX angle shows that the trend is weak. RSI is at 74 levels.
You can see the money movements in the top index. Both the average price and cash flow decreased.
Even if you believe that the trend will continue, stop loss should always be in your head.
Ema monthly data signals that even if there is a decline, it will not be permanent.
When you consider the profile of the company and the size of its investors, we may think that there is nothing to be afraid of.
But our goal is maximum profit, minimum loss.
In conclusion, we can mention two possibilities;
If it starts to draw a pattern, the fall will do more damage.
If the pattern does not create and does not fall below 0.618 on the monthly chart, a strong rise will resume.
In this case, Elliott 5 and the flag formation will come out
Note: This is not an investment advice.
The Economist magazine Cover Analysis - Dollar - BTC - GoldThe Economist magazine is always very good at predicting the future. This poster belongs to them. Today, I wanted to analyze what we weren't told. I suggest you read the article about this photo in the magazine.
The Economist Article Click
The analysis will look a bit similar a coffee fortune, but please try reading it without laughing:)
Let's first start with the rabbit ;
Rabbit means luck in many beliefs.
I guess there's no who doesn't know about Easter.
Time clock on The rabbit hand. At the end of time, there is an image as if he will have something or what he expects will come true.
Rabbit eggs were also associated with taxation in ancient times.
Given the details about the money I will explain in the rest of the article, it is possible to think of a tax increase.
The rabbit also symbolizes the resurrection. When we think about the economic problems in post-coronavirus countries, we can interpret this as the end of disease and the revival of the economy.
Easter is important in March and April. If this picture really means anything, we might think the economy will pick up in March and April. Bitcoin's first rise was also in March.
Time: 10: 10 or 22: 10 or 11: 10-23: 10
10/10/2021 or 22/10/2021 I think you have to be careful on those dates.
Because in these pictures, there are no extras drawn unnecessarily.
There's a cat in the picture below. They have excited eyes. I think this cat's a little greedy. In other words, I believe that the greed index will increase for many commodities in the coming days.
I recently did stocks, gold, crypto currency analysis. These commodities said something in common. While I was doing this, the diffusion and simulation analyses pointed to the second week of October.
Taking the cat's view as greed, I think there will be a significant recovery in the economy in October.
Here's our greedy cat
Now let's look at the commodities step by step.
This our normal currency.
It looked worried and scared. At the same time, I see a libra symbol in the symmetry of its eyes. Maybe I'm wrong.
But if it really is the a pair of scales, the stock market will panic while trying to control balance losses due to greed. The countries ' central banks will try to take measures to address this economic imbalance. That's why I mentioned at the beginning of the article that rabbit eggs symbolize tax.
When we look at other currencies;
BTC is out of balance and about to go upside-down.
The Dollar is trying to prevent something, but I guess it can't.
Stocks run downhill
The banks left themselves directly from top to bottom.
Ethereum was the first to jump into the pit.
The reason Ethereum jumped into the hole could be that it lost market control over altcoins.
Another reason is;
As is well known, many tokens are traded on the ethereum network. But it seems that this requirement will disappear for the nft. DUE TO THE HIGH COST OF ETHEREUM GAS FEES, THERE HAVE BEEN ALTERNATIVE SEARCHES.
Alternative networks such as TRX and BSC, which are much cheaper in cost, have begun to be produced. Manufacturers Who Do Not Want To Lose Their Income In Nft Will Turn To These Alternative Models.
Moreover, some NFT producers are required to hold other currencies such as Matic BNB and use their networks.
Given all this, if it does not develop a new solution for itself, it will be the currency that loses its value the most.
Given the terms of BTC; many investors are actually uneasy about BTC controlling the market.
But no force has been created to security that control. The interventions of stock markets, governments and investors could not stand in the way of BTC's strength.
But see by the nftt, it looks like it could stop the force. Currently BTC has no role in NFT trading. If nft becomes the new digital trading model, BTC will stand alone and lose value.
Some big investors of BTC, which we call whales, dominate the market. If they face this risk, they will want to drain all their stock.
This will result in the death of BTC, which the states have failed to achieve. If we think of BTC as a human being, he is nothing but a spoiled old man who must die in my eyes.
BTC , It's a toy in the hands of some big investors acting on their own ambitions. These investors do not understand that their greed brings their own demise.
That's why alternative models have been produced for years.
New coins, especially Ethereum, have been produced. Exchanges invented their own currency against BTC to minimise manipulation. Example Bnb Busd etc.
In particular, this year, the exchanges have begun to manipulate the exchanges themselves, in order to take their losses from btc fluctuations.
They tried to make their lost profits on the BTC by blowing up long order and short order.
Because within 30 minutes, goods don't go up by 20% and lose 30% back in value. It's a greedy move that covets the small investor's money.
There can be no such manipulation in the NFt.
There's a product in the market . The owner is known and the price is known.
No one can change the price until the end of the ad period.
Owner might refuse to sell, but have nothing wrong with doing so. You don't have to trade in BTC or dollars. There will be many currency models.
Most importantly, big investors will not be able to manipulate the NFT market too much.
All the power will be with investors. Few people will be able to decide what happens. Countries will see it as digital art and use it as a weapon against BTC. They will give full support to the NFT.
That's why we see that BTC has upside-down and is going to fall.
We will experience digital transformation for primitive ages. So I can explain it this way;
in the past, we used to buy flour by giving wheat and you used to make a living by selling the wheat you bought to someone else.
That's exactly what the NFT will do. For example, you will get Matic. The holder investor will win.
You will get MATIC NFT, the NFT manufacturer will win.
You sell the NFT you bought, you make a profit.
I should also note that; the robot software will be minimal. Because art appreciation here is work done with human emotions. Big investors will certainly find a new manipulation model with their own algorithms to sell the collections they produce at a more high price. But it doesn't concern us. Because its price no longer affects our money.
If we look at the stock market; they will also be negatively affected. Because to trade a stock, you have to follow a lot of things. Company balance sheets, commercial agreements, public offerings.
There are only two things to follow in the NFT;
1) Your feelings
2) The amount of your money and your purchasing power.
We talked about the fear and prevention efforts of the dollar.
As we know, the dollar is the dominant force in many currencies.
Dollars has the power to turn the country's economy upside down in one day. This is because it disrupts the balance of imports and exports and the socioeconomic structure of dollar-dependent countries is low.
People suffer from crazy hours and low salaries for fear of being unemployed and making a living. But with the proliferation of NFT, just like youtubers, anyone with a computer and the Internet will be able to make money.
The world's economic comfort will grow. Maybe Countries might find solutions to increasing refugee problems in this way. Therefore, the dollar's voice will decrease in countries with increasing economic development. So we see the dollar's expression of panic.
So why are banks jumping down the hill?
There is a new ecosystem to be created. New digital and economic tools. Banks need to track and integrate all these systems. They might even need to integrate into the blockchain network.
Besides, stocks, investment accounts and loans are the banks ' main income. The spread of the digital money culture with NFT will lead to new investors in crypto money.
No-cost and more profitable deposit accounts, more interest, investment opportunities and your money gaining value at all times.
No risk of fraud and bankruptcy,
Quick transfers and easy money-making.
If banks cannot operate like cryptocurrency exchanges, in the future the word bank will be among the unknown words.
There's magic mushrooms in the picture.
As you know, these mushrooms are used both as a drug and as a hallucinogen. It causes more hallucinations than drunkenness.
I interpret it two ways.
1-Since it will be easier for young people to access money, drug addiction may increase.
2-When people get rich financially, they live in fear of disappearing because they don't understand how it happened suddenly. Just like a hallucination.
Can everything be so beautiful?
Of course not!
The crypto money industry's biggest problem is the energy problem. Improvement and development efforts for this problem are still ongoing. However, environmental problems will increase in direct proportion to the increase in the use of digital systems in the future.
If digital transformations can't adapt to energy use and reduce energy costs, it will become a problem that people can't give up but can't find a solution to.
I think the trees cut in the picture express that as well.
Now this picture;
Everything can't be perfect. Due to the nature of blockchain technology, it does not seem possible to be exposed to hacking attacks at the moment.
Also, it is not possible to break the SHA512+sha256 encryption it uses with current technology. It is not possible to drill standard contracts such as solidity and erc20, which have a part-to-whole and a whole-to-part control structure.
But in this image, we see a snake with an crypto walking towards the nft object.
Not everyone can write cryptocurrency software. But anyone can produce nft. With Nft, easy access to blockchain networks and the proliferation of digital wallets will lead to major hacker attacks in the future. Because for the first time, everyone will have easy access to the blockchain network.
If they can find a loophole by creating an algorithm, an entire network could collapse. In this way, institutions and investors integrated into the attacked network lose everything. It leaves almost irreparable damage.
That must be exactly why this snake is trying to dig a hole in this nft. It goes down the rabbit hole and serves other purposes.
I won't comment on our daughter Alice in the photo. We will find out together in the future what it is.
Note: This is not investment advice.
ETH analysis|Harmonic Patterns | Fibonacci|Gann |Time LengthHarmonic is the name given to a whole of compatible parts that complement each other. The term Harmonic is used in music,mathematics,physics and many other sciences.
We also use harmonic patterns in investment strategies. For example, in music, chords are standard patterns. Or radio waves with certain frank as between in physics.
In the stock market, we find these frequency levels with fibonacci measurements. Fibonacci works even in music, painting, physics. Because fibonacci is not an equation formulated by research, but nature itself. It's the way the universe talks to us. Here is a form that has become a picture of fibonacci frequencies that speak in harmonic patterns.
That harmony never breaks unless some greedy investors break the chart. We can see pulse variations in every harmonic everything that matches the Fibonacci harmony.
Everything always has a pulse. In a person's heartbeat, in the stars, in radio waves, in music, and everything else. The more regular these pulses are, the healthier we can think of that thing.
Voluminous coins are difficult to manipulate. Therefore, indicator signals flow harmoniously at all times. These signals are the pulse of that coin. If the signals are broken, the coin is either very excited, its emotions are mixed, or it is about to become sick. With Harmonic patterns, we can examine this coin, and with fibonacci data, we can say something about what it is by looking at its medical tests. We can listen to coin heart with sine waves. We can take an X-ray with the Gann data.
Candles, on the other hand, are gestures and facial expressions of this coin. It allows you to immediately see their grumpiness or happiness, or to understand if are on special occasions. :)
Now let's examine ETH.
to ETH's daily timeslot, Navarro drew or shark pattern. I think it was a shark. I expected it to turn down in previous analyses. But he got too excited and kept going up. According to my previous analysis, TP levels of ETH were 2900$ and 1760$ in price. But ETH didn't listen to me, pursuit BTC. :) Thus, only TP 1 of the shark pattern was able to reach its goal.
If we examine it as a month, we see that May 2021 is a hit-and-run. As if there was a big manipulation. We don't know, we'll look at the indicators.
The number 0.618 is the friend of the number 1.618 and the number 0.382 is the friend of the number 1.27. If measuring Fibonacci from the peak in May is not a mistake, the next target point will be 1.27. That's $ 5,500. But when I do the fibonacci measurement from $ 2790, we see a support at 0.618. In this case, the price target changes to $ 4500. This to me makes more sense. When we make a measurement decidedly ignoring manipulation, I feel as if the target that should be is more accurate.
Already Rsi data is now at the level of 80 . This should be equal to 99 at 1.27 levels. That didn't make much sense to me either. Completing 90 I with 1,618 levels will be healthier.
Looking at the weekly price levels of the shark pattern that we mentioned earlier, this time we meet with a different pattern. considering that this formation will be completed after a long time, we should not ignore the possibility of support to 1200 price levels in the future.
When we do a 4-hour review, we again encounter a harmonic pattern. Whether it's gartley and butterfly , we can get as much as $ 3700 if we agree that both will extend to 1,618. We can think of the return level as 3500.
I use the Gann box as a time measurement tool. It usually works well. But if you know where to look
Let's look at this time business as a bit of a wave with the Fib circle. we see prices peaking when fib breaks the 0.618 time wave.
Trend worked correctly with fibonacci levels of 0.618. And in the future, if this measurement works correctly, I expect to see $ 6400 in 1.618 fib time and 1.618 fib levels. Are you asking about date? 26June 2020 :) If i can do the date analysis correctly and 26 june the etherium is $ 6400 , you're invited to my birthday on June 26th.
Note:This is not investment advice.
AVAX USDT Retracement LevelsYellow boxes indicate current and past correlations. The Fibonacci Spiral and the gann box agree on these levels. Since the measurement of more than one technical tool gives the same regions, I marked the strong possibilities on the chart.
I recommend doing your own analysis when approaching these areas. Because I'm just sharing my own predictions with you.
Technical details may differ according to everyone's measurements. I tried to do as much as I know.
p.s.Note:This is not investment advice.
BTC Current data analysis / is the danger over?If the current 4-hour candle closes over an 8-hour candelabra, a bullish inversion pattern is formed. While there has been a rise in the currency index, candles have fallen. Such a positive mismatch
I know it's too early to say that now, but it's pulling a shark or bat mould again up to the price of 54K. So I advise you to be careful after 53K. Keep your stop level above 52K just in case.
Each pattern certainly indicates the pregnancy of the next pattern. The newly created pattern gives broad signal information about the subsequent patterns to be formed. Now, if we draw a simulation, I think I can predict 3 patterns that will occur after this pattern. But it wouldn't be wise to talk about it now.
Now I think we can get rid of the panic mood. If the signals and formations don't mislead us, the danger seems to have passed.
Note: This is not investment advice.
CRV UsdtCRV about to draw a Cup pattern or a harmonic pattern. In both patterns, the Fibonacci data points to the region I denote as TP.
It will go as far as the Cup depth or BC Extension.
I expect an upward movement again, making a retreat from the $3 levels.
All commodities will probably recover from September 11.
BNB USD Technical Analysis Harmonic PaternI think that BNB, whose prices have fallen with BTC pulling down, will quickly recover again.
I think there might be a Head and shoulders Pattern with more than one harmonic pattern in it.
When we examine it in a long time period, you can think that bnb is almost singing in a music stave.
In my analysis before BTC fell, I wrote that it was in a harmonic pattern like btc and that I expected a drastic decline.
Although it was delayed in time, it still came to the target points we expected as a pattern.
With this decrease in Bnb, we can measure a new pattern.
If I'm not mistaken in my measurements, this is also a shark pattern.
It looks like BNB will be singing more.
Note: This is not investment advice.
BTC USD Trend AnalysisI said the fall action would be the first week of down.
I took a look to re-examine the current situation. I see currents trying to fill a triangle to make its next move.
I don't think it's right to analyze within a 15-minute time frame. So I don't trust this chart either. But assuming that's true, a price like the 48900 will resist.
Just before prices fall, two patterns appear on the chart. one of the two patterns told us about Bear levels in the past. I explained it in the final analysis. you can look there. in the second format, I think it means how far this going to go and where this going to meet the resistance.
Whether the pattern is correct or not, if the breakout is up, there will certainly be retractions at Fibonacci levels.
I don't know if this fall will go up or down. Technical readings give us a rising signal.
but there's one thing I've always believed in. History repeats itself. in other words, there have definitely been the same movements over time, and these movements can be a reference for us.
Looking at historical data, you can see the same traffic in some places.
Historical data is more important to me than any technical indicator.
Here, I see that the same movements have occurred in the past, and the trend has not ended.
if I didn't make a mistake in the candle math, I think we can expect an upward movement from the next day.
I have previously written that the decline experienced when the review was written on the monthly chart may actually be a retracement of an annual trend. BTC had a pullback from 60k to 30 . And I don't think it was the last straw that ended the trend. The monthly withdrawal rate was more than 55%. In terms of Elliott Waves, one of the two jumps should be softer. So this is not the retreat we expected at the monthly level. It should be more than 25%.
if the trend does not end, you can see the points below in the chart. in its simplest form, when we look only at fibonacci data, we see that the old data and fibonacci levels are in harmony.
finally, when we look at the 4-hour level, you can check whether prices will go up or down by looking at the support points.
p.s note: These are just ideas. that's not investment advice.
BNB USD Technical analysisIf I'm not mistaken, I believe BNB drew a bat pattern. But given the trend move, the retreat should not be up to 0.618 support. In this case, this not real trend, which indicates that the rising trend is a false uptrend. If this happens, I must reconsider my measurements. I may be wrong.
If BNB continue based on the bat pattern, we can examine the return levels.
Now you can expect the rotation movement to be the bottom where the bat pattern begins. Yes, the information in the book says so. But there are two levels of BD distance. The first is 1.618 and the second is 2.618. This pattern has 2,618 peaks D.
So this in the graphic the bottom can never be where the trend begins. I can talk about it on a bat pattern with 1,618 points. But not in 2.618
Because leg D is 2,618 higher, the support point will be higher than 1,618. So 4. I expect the TP level, which is the wave, to be up to 0.786 support at most. Otherwise, everything I say now will be trash.
I have set future record targets. I did not put measurements in this area so that it would not fill the screen.
When we look at angle degrees, trends always up or down, weakening their angle. I think the angle of BNB I am currently measuring will be weakened by 10 units.
In this case, the estimated destination is the first weekend of September. So the second week of September should start the upward trend again.
We will talk about these updates after BNB fixes .
I will update this analysis again after the first fix.
When I look at the flow of money in the wallet, I think there is still a unstabil group of investors.
The momentum has already weakened.
Note: This is not an investment advice.
BTC USD Technical analysisConsidering Aroon's downward trend, it will continue to decline for an average of 7 days.
It will be completed within 14 days.
If no error in my measurements BTC draws the gartley pattern
I have shown the target TP zones in the graphic.
if we look at the old support points, BTC will come back at a support of 41K.
You can see the acceleration of the decline in the flow of money.
I marked the target points of the indicator data.
Fibonacci levels, oscillator levels when they reach their target area, the downward movement will end.
EMA lines do not create a death cross.
Yes, maybe this will be a hard fall.
But strong stimulation leads to strong action.
I advise new investors not to be afraid of this downtrend.
Destructive, but not deadly.
Everything will be fine in a short time.
When the downtrend is over, I will write my suggestions for uptrend .
Note: I'm just expressing my opinion. This is not investment advice.
Coti Usdt Technical Analysis and Target PriceWith the completion of the current trend, the cup pattern showing.
The next step would be to wait for the handle pattern. Maybe you can be entered from the handle Fibonacci 0.618 area.
If the Fibonacci data intact, the next target will be to reach 1.618.
Cup depth and handle depth should be followed
You can find my other articles from the links below.
EPS Usdt target priceIf target the supply zone, this will get a support response at 1.27.
p.s note: this not investment advice.
Btc Analysis Serie 3- Line PivotPoint Analysis For New İnvestorsEasiest and mostly trustable lines for new investors.
spikes which are over candles are indıcators of candle extremity. The indicator makes support and resistances zones with accumalating at the time frame
these spikes are data points.
When merge the points, it gives to us knowladge about to investors buy and sell.
Already thecnic analysis is art of investors psycholigal which are reflect on the candle sticks.
So, technical analysis is psychoanalysis. it is reflect on graphics of investors psychology.
When look to the my analysis, we see a strong support where spikes to concentrate on , this zone taken by me orange square with pencil.
Mean of breakout the zone, drop prices to resistance zone, ı took square also the zone with green pencil at the bottom.
Hard to breakout a strong support. but mostly impossible to breakout two strong support. Because supply show us event of accumulating investors. The areas always protected by big investors cause of using start position or sell position at old days.
Also bots are more active on the areas because of indicator data produce buy and sell signals more than the other areas.
So, if the supply areas breakout, it means loss the area completely. but next supply area will give to us a new buy zone.
Lines are important because if you want to see how it work now, you should draw a line to current price from the old supply area. You can see price movements where is support, where is resistance.
When look on the btc, red zone is 1. support area and 2. green area is a support which good for buy. We can use end of 1. and 2. spike areas for stop loss.
dont losing money is greatest profit. If you dont protect your capital, you cant protect your earn. dont forget, greatest profit earn when buying, not selling.
Datas becaming to more trustable when time frame expansion. So trendlines and channel lines should draw on 4 hour. I think it gives better results.
When timeframe getting smaller, we see more manipulative actions so we losing confidence on lines more.
Indıcators on measure lines
indicators are software which measure movement of prices with some algorithm. also they follow some datas of buy and sell, gives knowledge to us about price movements of trend direction.
When merge indicators line's dip to top, we are trying measure candle graphics fit. If candle graphics going to higher when ındicator lines going to lower, it means negative divergence. So we think movements dont reflect reality of what we see.
In this case, ı cant see a divergence which isnt fit to candle on ındicator datas.
Indicator datas signal show us the area work as a support and price movement direction is up on 1 hour chart. But trust to 1 hour chart less to ındicator datas.
So measure ındicator datas on long timeframe better for getting good results.
I cant see a positive or negative divergence when see 4 h chart indicator datas. But even 4 h datas show support is so strong, price direction isnt up yet. So ı think we should make strategy after candle closes. ıt is safer.
If ma25/50/90 datas usıng with ındicators, their intersection points give better results on long time frame I cant see a intersection between ma 25 50 and 90.
You can use supply areas on graphic for your tp and sl strategy. If it will lost support from the area, you can buy pieced from 43K to 39K. This is not investment advice, Ishare a strategy.
p.s Note :The note is not investment advice.
UNFI Trend Anaysisat the 4 h timeframe we see unfi$ made a cup pattern.
even made cup pattern we see it retest his position, it makes think to us might make a formation which contain harmonic pattern.
Cup pattern almost become sin pattern with expansion. İn both case it will jump height of cup.
When fib measure dip of cup to top, we can see it is fit to rising trend rules. In accordence with criteria of elliot 5. wave, it looks like complete first correction at 0.618 and 2. top at 1.618. Last 5. top will make new action.
I think after complete to 5. top, will start a new trend.
p.s: not investment advices...
BTC Analysis Series 1 || Bat PatternI did two separate analyses in daily and 4-hour time zones. February 2021 and the current time of BTC in the 4-hour time graphic caught my attention. I put a screenshot in the left corner of the map. It's just a resemblance. I don't mean it will.
When we examine it in the one-day timeframe, we see a bat pattern in the chart it has drawn up to its current position. But I have to say , if you measure by turning the candlestick chart into a line chart, the bat pattern turns into a shark pattern.
You decide which is more reliable.
I've already analyzed this area on Shark pattern in an analysis I've done in a different language. I think only 1 of the TP. he worked as Target support.
In our analysis, the bat I will go through the pattern and leave it to time.
When I examine the bat pattern, I think TP can come to 0.382 and 0.618 fibonacci support points. I indicated these points on the map.
I intend to continue my analysis in different time periods as an analysis series. In this case, our analysis of this series 1. analysis. In our future analyses, some of them will be simulation analyses based on Indicator data.
In addition, we will also do an analysis through indicator data and add it to our series. I wish you plenty of money already.
Note: it is not investment advice. Opinions are purely personal.