A BULLISH scenario may be in play There are 2 mid cycle 75% Draw Down Scenario at play. 2013 & 2020 The entire market is on a knifes edge, waiting for a move. $17.5k will nee to be breached and there could be an explosive upward march to $23k. The resistance will need to be broken to make a sound decision to determine if it is a mid cycle bullrun, if $23k is...
The 85% Draw Down narrative hits the 0.618FIB @ $10.1k mark. If the 2015 Fractal plays out, there could be a bigger dip to $7.8k hitting the 0.702FIB. - This means it will reach a 95% Draw Down which would invalidate the 85% historical theory. WHAT WILL HAPPEN? $23k Potentially Rally for the Bulls in the near future $10k BTC in January? Bear for now.
Another perspective where the market could go to by 2030. The 1929 Fractal Overlay helped shaped a perspective of the overall market. Mid 2025 shows an interesting persepctive.
Im fully convinced one of the 2 fractals will play out for the full 85% Draw Down. - $10.1k is another 40% Down from $17k. - 2021 BTC is currenty @ 75% draw down from the ATH. 2015 V Bottom - Breaks Trend Line - Quick Retrace 2019 Sideways Bottom - Breaks Trend - Goes Sideways Do you believe in the 85% Drawn Down Narrative? Do you think 2015 or 2019 Bottom?
Bitcoin has historically shown an 85% drawn down from ATH's. ============================== BEARISH / Short - Currently @ $17k, BTC will drawn down another 40% to meet $10k BTC. - Has NOT met the full 85 % draw down ============================== BULLISH / Long Buy orders are in for a $10.2k BTC price. - need to see the full 85% draw down - V Bottom...
#Bitcoin will meet the 200ma on the 4hr ($17.5k) ceiling possibly within 24 hours for a short trade. A Candle close ABOVE $17.5k will show some hope for the bulls. DONT IGNORE THE BEAR FLAG! BULL TRAP?
#BTC Bearish Narrative (SHORT) - Bear Flag - Has not hit the full 85% draw down BULL TRAP: $16.7k Next Bottom: 2.618FIB $13.8k Speculated Bottom: 1.618FIB $11.7k Wick Grab: $10.4k BTC Bullish Long Narrative Just need to see the 85% draw down to be fully convinced the Bottom is in. Good Luck All.
Has XRP already broken out of the massive bull pennant? XRP HAS NOT hit the 90% Wick Down as of yet, and much of the market is anticipating i the last C leg pushing the knife to $0.16 then bounce out. *#XRP has hit the 95% & 85% Draw down and waiting for a nasty 90% Wick Down from the 85%. All signs are extremely bullish minus the $0.16 retest scenario about...
ME: Lets take it slow... *PHEW! BTC May be in for a $12k Bottom for the full 85% bottom as shown previously. BOTH Fractals shows a beautiful retrace when the 55ema/100ema touch and go. 23/24 will be glorious! ========================= BLUE Fractal: 2014 YELLOW Fractal: 2018 ========================= BLUE line: 55ema WHITE line: 100ema =========================
IMHO, XRP will: 1. BREAK ABOVE the TREND line to the 0.236FIB ($0.65) Resistance. 2. Retest the TREND and/or $0.29 for the DOUBLE BOTTOM 3. God Candle to the 2.618FIB $4.29 FACTORS: 1. 85% seems to be the bottom from the top 2. 65% from the retrace to resistance 3. 75% from the retrace to the bottom WILL HISTORY REPEAT? Stay tuned!
Will the SEC case rally XRP to $1.07 (0.702FIB) to $1.17 (0.786FIB)? After the Massive FOMO, the Trend line @ $0.47 will be retested for some sideways action for the Bag Holders. GL ALL!
It seems when the BLUE (55EMA) touches the WHITE (100EMA), something magical happens! If you can bet it and forget it for a while, i caught a falling knife @$18.3k for the LONG. a simple picture can speak a thousand words. Zoom out when in doubt. BET CONFIDE NTLY! Do you think a bullrun is around the corner?
Waiting on 2 factors before the start of the bull cycle. IMO, we are at the bottome of the C leg, "The Bottom is in." XRP will need to: 1. Hit the 0.618/0.702 FIB and retrace 2. Double/Triple Bounce a wick @ $0.28 XRP has not broken the trend line, and a wick grab @ $0.28 (Fall 2022) will potentially "be the last time youll ever see this price." Short...
BCH is looking for a 0.50FIB ($240) to meet the 200 EMA. The 2019 fractal shows a similar pattern formation, and hopefully BCH will hit its 0.50FIB for a nice 150% Return. GL Traders.
XRP has pushed its C leg down 6ft under and now its time for the anticipated retrace. A 0.618FIB ($0.68) is the target, although sell orders are in at the 0.702FIB ($0.72) A $0.37 retest is in the cards. GL Traders!
The A leg might hit the 0.382FIB, possibly the 0.5FIB and retest the neckline @ $112.00 for the formation of the B leg.
My previous fractal may be playing out. We've hit the bottom of the C leg. An A leg has been made. Here comes the HUIGE B leg. FIB:SHORT:PRICE Levels: 0.50 - $0.82 0.618 - $0.94 0.702 - $1.03 Lets hope this hits the 0.702 for a nice trade. Lets follow this up on the "Retest" narrative IF/WHEN it hits these marks! Good luck PAPER TRADING!
BCH is primed for a parabolic push to the 0.50FIB ($247.00), 125% Gain from here. Sell: $247 Buy: 50% retrace/double bottom The previous fractal shows the bottom hitting the 0.50FIB as well. Good luck PAPER TRADING.