things look like they're going as planned. I''m just waiting for price to close above the last pivot high, from there it's a good chance we might see a breakout to the upside, and hopefully an even stronger move to back to the bottom of the consolidation zone and later the top of the daily downward channel!
Time and time again I have been told to master the basics and when it comes to trading nothing is more basic than charting triangles. Likewise, few things are more basic than cloning a trendline used to measure the height or depth of a move and dragging it over to the breakout point of whatever structure you are looking at.
Just a tiny bit more advanced for...
By looking at Bitcoin's previous cycles and the trend within those cycles, along with Fibonacci levels, support / resistance lines, and our current world economy - I came to this prediction. The yellow candles representing the future predication are a fractal from the dates August 2014 to July 2016, which lead into the 2016 halving cycle.
#FTM/USDT
$FTM shaped an inverse head and shoulders pattern in daily time frame and we can see its fractal in right shoulder is another inverted head and shoulders in 4h time frame.
🐮 holding the support zone will increase price to neck line and then resistance zone around $1.4 to complete the 4h H&S.
🐮🐮 neck line of daily H&S is at target of 4h one so break out...
It is nothing better to see than a bigger market cap coin going parabolic and therefore becoming a leader amongst altcoins. Zilliqa chart is looking extremely similar than a lots of alts, one of them is DASH.
I've copied / pasted and properly adjusted ZIL chart to the DASH so that all the dips are in the same timeframe. You can now see how similar charts are....
Have you ever heard of the theory of fractality? Well, we go back in past years with the best scientists and scholars from previous years, magically in the stock market and in financial markets, many times we can find fractalities within the technical analysis processes, the fractality gives us an advance scenario of what can Happen, remember, markets have cycles...
Last April I made a comparison of fractals towards a bear market and it was carried out, we currently see a recovery but how true can it be in the face of a bullish break? We can get to have a bulltrap and come back again and double-bottom in the 30k. Otherwise, we can break well and head towards the 44-48k level in case this is done in a good way, we could visit...
Nothing special to see here folks
But let's take a look back after 6 months will pass from now on. Let's see if I finally decrypted the right fractal again.
China ... China ... China
BARTS head and CHINAs ape the same :jokes on you:
Cheers
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to...
