Using my eye for fractal patterns and fib I think I got a pretty clear picture here for you. This is confluent with my previous charting of Bitcoin Dominance where we are about to pump beyond any level ever seen by dominance. We just have to fall into the scallop first and then game on. i will be expanding upon this as more data comes in, but this makes perfect...
This is not your traditional idea. This is purely based off my high sensitivity to pattern recognition. Basically I literally got an eye for this. With a background in digital graphics and art for 20 years I am sure that helped. The formation we started with pumps through all the resistance of the previous hill in this scenario. The formation I spotted will be...
This pattern I have circled if I am right will pump beyond anything level Btc Dominance has ever been to. This is a huge signal that goes hand in had with the 6 hour incoming ascending scallops chart. Buckle up Folks things are going to get crazy!! Hit me with a like if you agree and Follow me for for updates and ideas.
We are have completed a Minor set of Descending scallops and now should see a trend reversal into a set of Minor Ascending scallops. These two Minor sets will complete the Sub Major Ascending scallop. Currently we are creating the rounded bottom of the Sub Major Ascending scallop. This move is correlating well with the impending XRP snapshot for the Flare...
This is a clean scallop which at a minimum should regain a 65% of the overall heights the price action fell from given time. Targets are marked for take profit levels where pullbacks should take place. Green line marks safe buy in point.
The chart says it all...Throw me a like guys and follow me for more gains...Pay attention I do this for you guys.
In this breakdown we see the descending scallops outlined in red with the twin rounded bottoms on a downtrend. The green represents the Ascending scallops and the estimated movements as we are seeing the trend reversal occur and begin the first of two rounded bottoms shapes that will comprise the whole of the first scallop in the uptrend. If this scenario plays...
BTC Down is looking like we will see some upside before we see another decline. The type of volume increase you want to see that is indicative of an uptrend is a steady increase as we are seeing here. The MACD histogram downside is receding while the upside is increasing. In this chart we see the pattern playing out again but smaller then the last. On a downtrend...
This is a clean symmetrical triangle which should see a break out to the upside just beyond the formation then a drop below the formation before taking off to the upside in a big way. If you agree throw me a like follow if you want more updates and concepts regularly. Much love
This idea shows a 30 minute descending triangle inside a 1 hour descending broadening wedge. The descending triangle is the catalyst that moves the price action down to do its second bounce inside the broadening wedge. To validate this we want to see the price action continue to be rejected and head to the bottom of the descending triangle, break to the downside...
This is a idea based on the fractal I believe we are within. This will be a bearish scenario where the right side of the scallop fails to exceed the last highs. This idea will be invalidated if the PA exceeds the left side highs of the scallop. Only time will tell what moves Bitcoin makes here, but volume was lacking as we entered this consolidation region. Even...
In this scenario we see a descending triangle almost completed. We have one more descending scallop to see play out and in this situation having just pumped from a falling wedge into a consolidation region we should make a double bottom and begin what will be a massive uptrend if it plays out. Horizontal line shows projected best buy in point if this falls. If you...
Great bullish outlook on this idea with a broadening wedge nestled inside of a broadening wedge. The interior wedge explains and signals the movement to the top of the outermost wedge. I expect we will see some real good movement here. If you like my work throw me a like and follow for more.
I have been working on the projections for the upcoming fall on bitcoin. I have provided the matching fractal to compare to the existing fractal we are within at the moment. The measurements are all there on the chart for the total length of the pattern and the distance to cover that is remaining. If you agree throw me a like and share your thoughts below! Follow...
Zil is coming down a bit further with before we should see a trend reversal. This particular pattern resembles a "Scythe" and is one of my patterns I created. Targets are laid out for the movement and the slight pullback levels. We can also see what appears to be a bull flag formation that is almost complete on the RSI. If you like the idea hit me with a like and...
If this idea plays out like this it is going to be another repeat of the march fall to 3,500. In the short term we are looking at a drop to 10291 with a rise following that will take it to 11,700-12,000. We can see there is volume waiting on the books at that level which can only mean one thing. We have a symmetrical triangle within the overall pattern of a...
We fall far from here all the way to 3800. We will bounce off key support levels which I will post following this chart. You will see we are finished up a descending scallop and am falling from here. Watch your alt coins as BTC falls to its support levels. As it enters HCR (Horizontal Consolidation Regions) we will see pumps from alts so keep an eye out to catch...
Looks to be throwing a ascending triangle that was entered from the above the triangle which signals a drop after a slight pump in to a descending scallop then down to bounce off the triangle up then fall past the apex of the triangle. The pump from the triangle will not exceed the support levels at the bottom of the HCR(Horizontal Consolidation Region) that the...