As LTC did in back 2014.. ETH is breaking its histroic trend line support that goes back to 2015 ! a possible dip between 20$ (Yes TWENTY $)- 100$ is very likely while BTC cointinues to regain its market dominance of 90%
a historic comparison between btc 1.86% cycles vs DXY 0.20% indicator as with gold -0.85% .. when it comes to a strong USD nothing can beat it . if dxy 0.20% stops her and start declining then we should start a new bull run otherwise if dyx keeps rising with Fed increasing interest rates till 2020 then this would be a long bear market for BTC 1.86% and GOLD -0.85%
FINAL WAVE V TARGET IS AROUND 5 TIMES WAVE III AND THE FIBONACCI EXTENSION APPROVES IT AGAIN AND AGAIN..
weekly indicators show similarity with 2011 bottom. * 20 MA - 40 MA -50 MA projected lines suggests A GOLDEN CROSS between November and end December period * Weekly Macd cross indicates a trend reversal as it happend only in 2011 and in the 2015 bottom period. *Note that 40 MA weekly coincided with 200 MA daily in 2011 bounce and acted as strong selling...
NO PROBLEM !! LET IT COME TO YOU.. THIS WEAK 50MA WHICH IS USUALLY ALIGNED WITH THE BEAR TRENDLINE WILL BE AT 8200 $ WHERE A SHORT TERM BOUNCE TO TEST 10K $(200MA) IS EXPECTED. "In the business world, the rearview mirror is always clearer than the windshield.” ~ Warren Buffett
3rd Test/Breach of the trend line..next target is the MEAN Trendline !
it may sound fishy and scammy ! but numbers and data speaks here.. 1- allocate 50 % of your crypto investment budget for Bitcoin cost averaging below 200 MA (buy daily..every other day or weekly its up to you.. without looking at the price as long as it is below 200 MA) 2- allocate 30 % of your crypto investment budget for lump sump (dip? panick sell ? deep...
xrp following ltc’s fractal both in price levels/ratios and timeframe ..Almost a Carbon copy !!
LTC IS FOLLOWING BTC’S 2013-2014 FRACTAL .. NEW BULL RUN WOULD START AFTER 2019 AUGUST REWARD HALVING !
Eth following previous bubble cycle patterns..but dont underestimate its appreciation !! so far in line with the December idea..
2011 fractal is playing nicely so far.. of course its not 100% accurate on hourly/daily..but price levels remains on spot . (original sized bar patterns ..no edit) According to the fractal, the next target is around 4K $. Please note that we fall below 200 DMA for the second time in a month which only happend in 2011 and 2014 crashes (in 2013 we bounced strong...
applied a fractal of 2011-2014 with its original size (price levels).. only timeframe stretched horizontally ..
LOOK HOW OLD RESISTANCES BECOMES SUPPORT OF A NEW CYCLE
SInce we are below the 50 DMA.. the trend below this level suggests bearish continuation targeting the 200 DMA (araound 8900$) and a possible test for double bottom (6k-7k). I have shared two fractals : -- the blue is the 2011 fractal which has identical levels (dip at 6$ and a fake breakout to 12$ then straight deep to 2$) -- the yellow is the fractal of the...
charting 101 .. gold at the brink of historical flat triangle breakout.. if succeeds the target of the breakout is between 1650$-1700$ as stock markets signaling an end of the long bull trend since 2011..gold would be the safe haven as it was in 2000 and 2008-2011 stock market collapse era..
comparison between the four crashes.. where it seems the chances to recover from here to new ATH is 33.3% if BTC fails to recover then based on historical fractals the targets are : **** 6.5% of ATH (2011 2$ dip of 33$) = 1200 $ ( remember the gap from 1300$ to 1880$ in 2017 april-may) **** 12.5% of ATH (2015 150$ dip of 1156$) = 2400$ **** 25% of ATH...