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Fibonacci Circles

Where the game will changeBTC got to the all expected 9.2K, previous low on bitfinex, with 0.236 Fibo on 9.4K, this is the point where all can change. It can change from bear to bull on timeframes above 4H and from bull to bear on timeframes lower than 4H. I have really no idea if is going bull or bear at this point so I just made an analysis for each point of view for the coming 2 days with both targets on chart for bulls and bears. Flipping a coin choose one side and put a very stop loss will make you have a very high risk return, and if you got a stop loss you can just invert your trade and still pickup the market. Or you can wait a little for a market decision, and take the bus while it is rolling, you might miss some profit on this case but you will also miss a bit of profit if you enter early and got a stop loss. If you are already on one side just wait and see. I made the analysis based on two techniques together so it one confirms the other with Fibonacci levels and circles, targets on chart
BITFINEX:BTCUSD
by bitcoin
7
Clean, simple BTC 4H timeframe targetI took the time to review every crash avaliable on TD with bitstamp exchange, since march 2015 on 4H, with the same methodology on each one: Apply the circle fib on all extension of crash with the 1.618 level; Apply standard Fibonacci to read the rebound; Check position of inner 0.236 fib circle in relation to the center of the crash; Check if crash is ABC or ABCDE; Check duration of the crash; So I got this: March, August 2015: November 2015, July 2016: January, March, June 2017: After checking how much it rebound inside the 1.618 Fib circle almost all ABCDE crashes rebound to 0.5 standard Fibonacci while one crash rebounded to the 0.786 and other to the 1.0 Fib. So based on this I think the most conservative and with higher probability is a rebound to the 0.5 Fib and them the market will keep swinging as always but outside the 1.618 circle Fib.
BITSTAMP:BTCUSDLong
by bitcoin
5
The very BIG pictureI have zoomed out several times trying to figure out BTCUSD market, after trying to find answers on the past I finally decided to see the very BIG picture. So the first thing I spotted was a possible very BIG 5 waves formation and we are still beginning wave 4 with more 2 crashes to go in 2018 to have a complete ABCDE correction and finally start the all might extended 5 wave where people will get crazy and live only to buy crypto ! But until there we need to survive ! I have imagined two possible paths, one nearly close to 2014 where it rebounds a lot, near 17K, in order to cross the mean and start the 2nd crash, and another where it don't cross the mean, maybe hit it and come for an inner ABC where BC is the 2nd crash and finally the 3rd crash where almost everyone will get broke and panic will be widespread with everyone calling crypto "ded"
BITSTAMP:BTCUSD
by bitcoin
25
Rocket +30% 2 daysThis is very much experimental analysis, have put very into it, trade is already in. I'm experimenting with Fibonacci Circles applied with a similar technique I am already using for classical Fibonacci and sometimes it picks very much interesting points. BCH is moving relatively wide swings with huge gains which makes it very good for swing trading / scalping. Target on chart, with a very short trailing stop. BCHBTC looks like completed ABC correction and is going for its wave 3 and BCH usually spikes like a rocket, let's see how this unfold !
BLong
by bitcoin
5
$BTC/USD - D - [TA] Fibonacci Seq./Gann Fan Value ExtrapolationParameters: Trough: ~$970 Peak: ~$19,600 Fibonacci Time Zone interval: 8 days Gann Fans: Based upon a 45 degree angle, trough to peak and peak to trough Fibonacci Circle: From trough to peak Scale: Log, no auto scale, 20/20/20 margin Price/bar ratio: 0.0047485 --- --- --- Predictions On the Fibonacci time zone, we are shown dramatic price changes per time zone. I believe since we have nearly fully retaced, the value should increase again. Based on previous data, we can see that there is a slight dip before entering it. It might be the same the other wise. ON I've noticed that the current downtrend of $BTC can be either two things: a downtrending channel or a falling wedge. I obviously prefer the latter, but I cannot chart a falling wedge that I like. All the tools used are based on the Fibonacci Sequence, sans the Ganns fans. I usually use indicators such as overlaid indicators and RSI/OBV, but I felt like all these were unneeded since the drawing tools I will be using create their own supports. --- ---- --- Right now is yet another crucial time for $BTC. If we break the 38.20% line without any hammer candles, I am expecting a free fall to the 50% retracement, ~$5,000. I want to believe this is our true bottom, based upon tthe support given by the Gann fans intersecting and, retracement. But if we look back to MtGox, it even retraced further under the 50% after a another Fibonacci time zone begun. Spooky! Because our value exploded in 2017, the Fibonacci circle cannot provide support like it does for stocks; instead, we end up with extremely high volatility and a ~$5,600 bottom until we can breach the next Fibonacci circle line. Explanation of the tools used. This may be skipped or critiqued. Fibonacci circle: This was drawn from trough to peak (~$930 -> ~$1950); As you can see, the inner circles were used as supports and resistances; however, because the value jumped so quickly, we aren't afforded the luxury of circle support, only FIbonacci retacement levels. This means we can face many rejections back down to the previous support level, whether that be ~$8,500 or ~$5,600. Fibonacci Retracement: Throgh to peak, essential tool of traders. Predefines future supports and resistances; can be used to find bottoms or ATHs. Fibonacci Time Zone: 8 day interval between 0 and 1. I lined it up wth major market movement, with its starting point in a period of high voliatility, Fibonacci Circle : trough to peak/ till based on the fib sequence; each upcming line is resistance, while the lind before it support. Gann Fans I verified they were 45 degrees and didn't move the scale afterwards. 1x1 lines were not held, looks like the 1x2 on the top Gann will be new support. Looks good for going side ways at$ $8,000 for now Volume: A simple way to determine market action, sentiment, and trend. Thoughts?
COINBASE:BTCUSD
by NeoButane
1
$BTC 1D - Fibonacci tools and Gann Fans to identify supportI've noticed that the current downtrend of $BTC can be either two things: a downtrending channel or a falling wedge. I obviously prefer the latter, but I cannot chart a falling wedge that I like. All the tools used are based on the Fibonacci Sequence, sans the Ganns fans. I usually use indicators such as overlaid indicators and RSI/OBV, but I felt like all these were unneeded since the drawing tools I will be using create their own supports. Right now is yet another crucial time for $BTC. If we break the 38.20% line without any hammer candles, I am expecting a free fall to the 50% retracement, $5,600. I want to believe this is our true bottom. But if we look back to MtGox, it even retraced further under the 50% after a another Fibonacci time zone begun. Spooky! Because our value exploded in 2017, the Fibonacci circle cannot provide support like it does for stocks; instead, we end up with extremely high volatility and a ~$5,600 bottom until we can breach the next Fibonacci circle line. Explanation of the tools used. This may be skipped or critiqued. Fibonacci circle: This was drawn from trough to peak (~$930 -> ~$1950); As you can see, the inner circles were used as supports and resistances; however, because the value jumped so quickly, we aren't afforded the luxury of circle support, only FIbonacci retacement levels. This means we can face many rejections back down to the previous support level, whether that be ~$8,500 or ~$5,600. Fibonacci Retracement: Throgh to peak, essential tool of traders. Predefines future supports and resistances; can be used to find bottoms or ATHs. Fibonacci Time Zone: 8 day interval between 0 and 1. I lined it up wth major market movement, with its starting point in a period of high voliatility, Fibonacci Circle : trough to peak/ till based on the fib sequence; each upcming line is resistance, while the lind before it support. Gann Fans I verified they were 45 degrees and didn't move the scale afterwards. 1x1 lines were not held, looks like the 1x2 on the top Gann will be new support. Looks good for going side ways at$ $8,000 for now Volume: A simple way to determine market action, sentiment, and trend. Thoughts?
COINBASE:BTCUSD
by NeoButane
1
ETCBTC ETCetera (Circular Geometry)ETCBTC rally unstoppable? ETC the original Ethereum .(for more info on ETC/ETH @spacetrader ) (Circular Geometry) shows the way. Unveiling the underlying architecture or structure of the Price/Time continuum. The Golden Means Ratio is the loom on which manifested reality is woven. It is the base (Circular Geometry) which rules everything within manifested reality, visible and invisible. It is Phi and his little brother phi. Om Sri Satoshi Ji Namah OM Sri Satoshi Mahadev! Jai! OM
by FlippingABitCoin
5
XBTUSD: 100th Monkey (Circular Geometry)Best viewed full screen. Are we getting closer to Bitcoin´s 100th monkey moment? Because of Bitcoin becoming more scarce as more and more new people will want to own it, Bitcoin´s price will go up exponentially over time. This moment can be seen as the Bitcoin Spirit (seen left) moves from breaking the ATH through the Price/Time continuum. Killing the Bear of the previous years with a lightning strike and then accelerates with warp speed up into its new range from $1337-1400 and beyond..... Om Sri Satoshi Ji Namah OM Sri Satoshi Mahadev! Jai! OM
BITMEX:BTCUSD.PLong
by FlippingABitCoin
3