Rules: 1. If it dumps down straight to the PRZ of the bullish bat, it is not valid. 2. If it goes below 1.618 retracement in the bat, it is not valid. 3. There is no trade if you don't get a buy signal. 4. Fib extensions and retracements are zones of interest to look for trading opportunities, NOT guaranteed targets. 5. BTC is currently in a neutral range...
I'm in the process of learning harmonics - please don't blindly trade based off this.
VPVR Shows 0 support below the base of the descending triangle. Measured move target of the descending triangle is the 1.618fib and coincides with a high volume node on the VPVR. The only thing that can change this is something fundamental and I don't believe more partnership announcements will cut it. And masternodes? That's already priced in. The strategy at...
Just like I've shown in my new BTCUSD idea, ETHUSD has completed a 70.5% retrace too and is currently facing a TD9 on the 4h chart, which has rekt us every time in this correction. If this current order block breaks bearish, we might see 300$ soon.
I drew this up today for fun and I thought I should post it. It'll either be completely ignored, or... this chart is being passed around on crypto twitter after 10-09-2018 :P I bet you wish you had seen this earlier, huh.
good risk/reward. reliable chart pattern.
:)
I posted this fractal this afternoon in my February 7 idea about another correction I expect that takes us to around 4.5k. I thought it would be nice to give it it's own idea so we can just click that play button and watch how and if it follows it. Nothing serious and definitive - but it's super fun to look for fractals and watch them unfold.
LTCBTC failed to reach a new high and met resistance at the 70.5% retrace - right around 0.0195. Targets are outlined.
What you see here is a completed 70.5% retracement from the start of our last dip ($9000) to our bottom ($6000). They are important signals for reversal/continuation and are Optimal Trade Entries (OTE). There's also a TD9 on the 4 hour chart, which has absolutely rekt us every single time in this dip. 70.5% retracements have 2 major targets - one at the 100%...
Historically, every dip that found a bottom saw panic selling (lots of long topwicks) and fomo buying (lots of long bottomwicks). It doesn't look like that at all at the moment. The price is just slowly slipping down without any emotion at all. It didn't even blink twice when crossing the 200-day EMA. We've never even closed a 4h candle below it since the start of...
First time I drew a deep bullish crab - we're going to see if it works out.
VENBTC is seeing a battle between FA and TA, where FA says the price will rise because of more news coming out next week and TA says this bullrun's day's are numbered - at least for now. Price is in a rising wedge with RSI showing exhaustion of the trend with a bearish divergence. The daily chart is best to show this bearish divergence: William's fractals...
Since the start of Bitcoin's bullrun we've seen two market cycles, a long one of 110-130 days and a short one of 60-70 days. we've always touched the 850EMA and bounced back within a 1-7% range. The correction has always been between 40% and 50% of our all time high. Moreover, every dip can be predicted by closely watching the RSI for bearish hidden divergence....
So I hear a lot of people talking about how LTC is going to crash because it failed to breakout last night. They are on 1 minute candles - cocaine candles we call them. Last night wasn't a breakout, because LTC is not trending. It is consolidating. And it is reaching the end of it's consolidation phase. Buy the support (purple box) with a stop-loss at 215...
A LOT of people were watching SALT for a while, expecting it to break out towards its $20 short-term goal. Instead, price stopped short of a breakout and started consolidating. Price is consolidating into an Elliot ABCDE. Your next buy zone is the purple box. After you buy, this is an alt for your core position and at the end of 2018 you will look back at this...