As you can see on this chart, the FIB circles lines perfectly confluence, and it shows that the subsequent capitulation is very near. I think the total market cap price will resist at the 200ma and fib 0.618 on the 4H chart. FIB CIRCLE 1.618 has been respected perfectly for the past 2 weeks and crossing it could mean a crash in next We are very close to...
This is my idea in the short term. If invalidated i will enter short
STRONG FIB LINES zoom out and have a look Hitting STOPLOSS would mean breakout from major FIB-LINES and also validates the bullish cup and handle pattern.
Previous Bear Markets had an average of 85% correction. Breaking down 10 year support. So far, from the top peak of the most recent bull market, we are currently only down 70% indicating we have more downside If the next leg down is the bottom (50%), it should be in accumulation phase for a little while. SLOW STOCHASTIC 1. Indicator shows us that we're not...
the ongoing fib channel from 2015 till now broke a couple of days ago.. are we going to be seeing new all-time lows? THIS IS JUST AN IDEA..
LIFE GOES ON, no matter what the market does. Today we see the true fall out from the FOMC rate hike yesterday. The true direction is set as the big institutions start to reposition post the news & before the weekend.
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told you bitcoin was about to top out and gave you a perfect entry point to short or take profit. For those of you that missed the top, if bitcoin price gets another pump I show you the next point to enter a btc short. According to my charts and technical price analysis I believe we are looking at a minimum of 20% drop from here, and if we break a key support...
There are MAJOR resistances right around the 48.5k mark, I'm naming it SUPER RESISTANCE. 1. 200MA 2. PARALLEL CHANNEL 3. 0.5 FIB
this is by far the most accurate rainbow chart .. and it tells me that it has a lot more room to go lower.. 31k bottom and next fib