looking at the log chart of past fractals we could be about to see a nice final wave 5 push up. if this follows previous trends the potential would be for an additional 3000% from the current price, launching the doge from $0.20 to $6 (or more) for this to happen the yellow diagonal trend line needs to hold as support and it is impressive that the price has...
...dont be the sucker longing into resistance. still not going to write this 5 wave idea off for bitcoin, until this potential w4 closes inside w1 space $btc may still head south ("the deep south )
natgas has had a change of character near the lows. price has now retraced to a nice entry level with decent R:R 5% SL under the previous lows 3 TP zones; .5 fib and avwap, gold pocket and rnage high, and 786 in the supply zone
this fib circle has caused a big dump each time its broken will this time be different? im cautious as it has to reverse one day, but lows are very possible whilst bearish structure is intact.
as titled the bitcoin chart has no fib circle support after the 16th feb since the first range after the impulse the fib circles have acted as support and resistance ranging the price. the most recent drop found support on the circle around 21500. the immediate (today) circle support and resistance zones are 19k and 24k. after the 16th feb there is no circle...
bearish market structure remains sfp of the previous lower high until this changes we remain in bearish territory no one wants capo to be right but until this is broken he could very well be right "biggest bull trap ever" - would give him legendary status if we descend to lows now Imagine 15k May, 12k August not sure where 100mma would be by then as its slowly...
shoot me if you must but the $btc invert 69k top sat against current 16k bottom looks like a decent fractal. another push into 24/25k before a sweep of the lows to mark the official bottom of the bear market
will the dxy break the mid channel for a final push to the 2.62 fibo ?
thats it; 1 potential short, 2 longs, 1 bottom :-)
looking at the 2018/2019 rounded bottom consolidation and applying the same process to todays price. cup and handle to range high before breaking out
filecoin inverted hammer on the 3 month chart at previous demand zone; fibonacci targets above.
will October see a rise to the monthly levels near 23k before another whip down to the lows? longs will long the top, shorts will short the lows, its perfect to fuel either direction
bitcoin is ranging for several months as it nears a key fib circle in my previous bitcoin chart i prompted that bitcoin capitulates each november every 4 years (10, 14, 18, 22?) if the monthly closes below current price and crosses the fibo circle we may see a weak october before final drop november to my ladder zone for longs one idea that has crossed my mind is...
triple bottom fake out from flat bottom triangle wiping out all retail since 2017 and playing into whales pockets before reclaiming zone and pushing on to a new ATH. ...keep it simple and just accumulate these zones.
if the price closes out the month below 20k we could see a sell off towards the monthly 100ma and also the 6m 21 ema, around $12k. my assumption is a quick sell off and buy back like March 2020
is xagusd going to find support here on the 6 month chart? - mid bollinger band - corrective poc from ATH to 2020 low - golden pocket retrace of the move up - candle apporaching fibo circle - diagonal breakout retest
oil could be heading to further highs, if the daily breaks the previous high then expect further rallying. buying any drops to the trend line until a clear reversal is in
is the spx500 about to show signs of relief? price currently cradled by the 21ema and ATR at the bottom of a falling wedge on a long term diagonal support line? 5% incoming and maybe more should some global factors come in to play under the bullishness