- Very Quick and simple update. - Everything is in graphic. - Nothing much to say. - Not a price prediction. - Just tell me, how do you like your coffee ? Happy Tr4Ding !
- This graph is purely based on fibonacci law. - 61.8% is the core of the system ( check rectangles in graph to get it ) - Most of long term traders not even look at the price. - they just wait the good time to buy using Fibo. - in 2016 BTC was almost 100%. Altcoins were inexistant. (less than 2% of the market with ETH) - in 2021 BTC Dominance pushed to 75%...
- Throughout history, the ratio for length to width of rectangles of 1.61803 39887 49894 84820 has been considered the most pleasing to the eye. - This ratio was named the golden ratio by the Greeks. - In the world of mathematics, the numeric value is called "phi", named for the Greek sculptor Phidias. - Everything is in chart. Happy Tr4Ding !
- History tends to repeat itself. - The maximum could reach around 250k. - The minimum could drop to about 40k. - Remember, the longer it takes, the higher we could go. - The graphic is straightforward as usual; just track "colors", "bubbles" and "trends." - Keep in mind, while the future is uncertain, we can still speculate. Happy Tr4Ding
- everything is in graphic as always. - I have always been conservative about the next top. - As trader i believe in trends. - i always said : " more it takes time to go up, more higher we will go" - be ready for the unexpected. Happy Tr4Ding and Stay S4fe !
- I mostly use some specific projects to try to predict the next " Altcoin Rally ". - I typically use Cardano or Doge because they are older and I can use indicators from earlier times. - Yes doge is meme, but all altcoins are also Memes until they have a real use case right ? - so you remember this BTC post i made in 2022 ? ( please check it ) - So this is...
- BTC wasn't created to to make you more rich. - BTC is here to give you more freedom. - P2P ( peoples to peoples ) - Don't look always at trends and just believe in the method and the idea. - we are so early. Happy Tr4Ding !
- After all this FUDS over time, right now it's literally impossible to calculate a potential real bottom. - Basically you can do TA all day but if Bad News (Fed) and FUDS (Cryptos) are constantly incoming on Twitter and Google everyday, nothing will work. - Some news are real like FTX Rekt but some influencers use more fake news to create panic, they want buy BTC...
- The strategy is simple : --------------------------------------------- - Buy when TOP. - Sell when BOTTOM. 😂 --------------------------------------------- - Hope u got the Joke. --------------------------------------------- - Everything is in graph. - No matter how dip TheKing will go, don't be greedy. - When they speak Bitcoin is Dead. the bottom is near. -...
- i usually don't speak much when i don't see anything. - Right now we can just speculate on some scenarios. - so you can just imagine those scenarios with the figure i drew ( ending Diamond ) - you can notice some H&S and a big inversed H&S in the middle of graph. - BTC volatily is still low ( around 15ish) - i didn't find any convincing divergences yet. - The...
- i will try to make it short. - Like always everything is understandable in graph. ---------------------------------------------------------------------------------------------------------- TA : ---------------------------------------------------------------------------------------------------------- - Tether made a triple new ATH around 9% dominance on Crypto...
- On this Chart i use zero indicator and just the trend. - Some basic supports and resistances. - What we can see and deduct ? - Tether jumped from 0.01% to 1% dominance from 2015 to 2018. - from 2019 to 2023 USDT.Dom growed from 1% to 10%. - now the trend is still evolving in a steady broadening trumpet formation. - Do you really believe Tether would reach 35%...
- Quick update and not a price prediction, just to give a general idea. - Timeframe is only H4 ( and i don't like too much small TF, lot of noise there) - Just to monitor the PA between 72k$ ish and 60k$ ish. - this PA could form a ranging consolidation to the next leg. - if BTC dip again, the next support is around 50k$ ish. - Keep things simples. - I don't...
- i always said that this bullrun looks much more as 2015 - 2018. - 2019 - 2022 BearMarket was disrupted by Covid. - Double top ATH (end 2021) was combined with a large divergence. - Consider that the first 2021 ATH was the real one. - this graphic is not a price prediction but you can consider it as almanac. - if story repeats next ATH would be before end of...
- The next bitcoin halving is expected to occur in April 2024, when the number of blocks hits 740,000. It will see the block reward fall from 6.25 to 3.125 bitcoins. - this is a different view of using Bollinger Bands, when Bands are drastically falling, Bullrun is starting. - i took as timelines the older bullruns. ( 21 bars - 25 bars ) - Take it easy, logic...
- Like a Bull in a China Shop. - All in graphic, like always and very simple. - Stay S4fe ! Happy Tr4Ding !
Keep that in mind : - More we go Down. - More the next bullrun will go High. - Fibonacci Law Rule. - Happy thanksgiving to everyone! 🐔