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Fibonacci Circles

Daily Bullish View - "The last hope"Looking at Daily you can see the last attempt to return to mean was rejected but crucially no new low was made. So there is still a chance market could return to mean to test it from the downside and that's the 9.2K bull target last hope. But a new low could be in progress so this a matter of risk reward, you can set a ratio high enough that you will loose near to nothing and still have a chance to revert operation in case of failure. Always use a stop loss, with a preference for a trailing one. Failure to go long here would be devastating without a stop. On the inner 1H TF crossing the MA50 will be decisive and mandatory for a bull run:
BITFINEX:BTCUSDLong
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Bullish View 10K 6 daysBTC got to our target early than expected so I have used the wrong circle extension and that happens as tracking time is very hard. Now there is a battle on 8K where it can go deeper into 1.0 Fib (7.8K) or resumes bullish from here. If it resumes from here our next target is 10K in the next 6 days with good probability to go 11.1K as well. But if it goes to 7.8K that bull target would need a review. So this is the update of today, targets on chart as always. Don't take this chart strictly as is, just a basis to setup your risk management !
BITFINEX:BTCUSDLong
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Triangle formationBTC got into a triangle formation. Because there is no triangles in circles our perspective can only show possible breakouts. Inner TF shows bearish while outer ones shows both, so it is hard as always to predict where it is going. This is my opinionated view where I think it will be more harmonic and healthy for it to go short a bit before going up. How do you setup your risk management is up to you according to your risk taking profile, so this is just some base where you can think about your stops and take profits.
BITFINEX:BTCUSDShort
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Wave 3 ?BTC got a bit short but not enough to show a bear market, instead it is mounting a pivot on what looks like the start of a wave 3 inside a big larger wave 3. I am putting together both bears and bulls target and that's not about getting right whatever market go. I am not here to tell the future, this is about a setup perspective where someone could setup a trade with risk management and profit on the long term. But it is always a pleasure when you get a perfect prediction both on time and price as it shows your methodology is on the right direction. Sharing a perspective is not about being emotionally biased to one side and be "enemy" of the other side. This is an emotionless business !
BITFINEX:BTCUSD
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Fine Adjustments heading to 6.5KMarket is a dynamic living thing, so you need to adapt and adjust in order to remain relevant and accurate, so this is some adjustments to get a higher resolution prediction. BTC got to the 0.786 Fibonacci extension as planned and there is still the 1.0 at 6.5K which makes a double confirmation with our long standing inverse Fibonacci technique pointing to 0.0 (6.5K). Also adjusted Circle Fibs with other harmonics in order to get a better time prediction for our milestone target at 6.5K. On this idea I will focus on a bearish perspective as long planned but I will not discard a bull run from here, I will plot another idea with a bull perspective so this one don't get too heavy to read.
BITFINEX:BTCUSDShort
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Bulls are not giving up !Bulls are buying at every single support and there is a lot of them so Bulls nor Bears will get an easy path. With Bears showing not so hungry the fight is wide open. This is also a very good spot for traders looking for middle to long term position trading. BTC faced another support curve and looks like everything could change now. As always I put everything on chart, possible bear and bull targets so you can setup your risk management and trade !
BITFINEX:BTCUSD
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You can't play boxing without looking to opponent movementsBTC just hit the all strong 0.236 Fibonacci retracement on 4H TF in order to always have a complete view and understanding of the possibilities this idea is a bit focused on how bulls could surprise and strike back as no one knows it can just start a wave 3 right now. So market can do some little consolidation and resume to target on 0.0 Fibonacci (6.6/6.5K) or start some very strong wave 3 replaying uptrend all previous key levels and if this occur We already have some idea to cover the unexpected. As always you can trade both sides using risk management on your favor, you can't avoid taking risks on market to gain your reward !
BITFINEX:BTCUSD
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Options and Perspectives for Futures SettlementBTC is not going down as expected neither going up. It is still on a range and Futures Settlement expiry for CBOE in 5 hours, coincountdown.live and the rest on 2 days, getjumbucks.com . On the previous expiration dates BTC operated on a range and maybe that's why expected wide swings are not happening. So this is a view for the next 2 days with the last down leg looking complete from the 1.618 Circle Fib perspective but it is just some milestone and it can be a reversal or just continuation. For a reversal an inner Fibonacci on 0.768 and 1.0 levels show some possible targets while for continuation there is the outer Fibonacci on it's 0.236 level. Everything marked on chart !
BITFINEX:BTCUSD
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New Bullish PerspectiveBTC got some unexpected strength and got above 9.5K and it is right now fighting to stay above it. This idea is a strategy plan FOR THE CASE it continues BULLish above 9.5K, going 10.K; 10.3K and so on. Not so far ago I saw the possibility of a double bottom after the double top and now after some zoom in and zoom out I got this perspective for a bullish run and it is so big you need to zoom out a lot. Market are live dynamic beast, it is not so physics phenomena you can have high resolution prediction. It is a lot more like boxing fight between a lot of bulls and a lot of bears. So after it each punch market change and you need to review and keep changing your forecast too. If you don't review it more you will likely get it wrong as the time pass.
BITSTAMP:BTCUSDLong
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