kcabral

kcabral

Does the beginning of this chart remind of you BTC. Well, it's not BTC, it's Gold. BTC is following Gold but at a different fractal scale. Using this graph, I could better identify the cycle BTC was in. I could figure out that a flash crash was going to happen within 36 hours. We are approaching BTC's final push up before it goes and corrects to much lower...

kcabral

We will bump into either 12200 or 12700. Setup a short position at 12200. Set your stop to 12300. If it continues up, set up a short positions between 12700 and 12950. Set up a stop for 13000. You should be able to watch it decline to 11,300 to start and a potential short cover at 10,550.

kcabral

We hit resistance on the long term fib channel. Time to retrace to 10,500.

kcabral

BTC - Uptrend Correction is Over

kcabral

BTC - Retracing back to apex of large triangle formation

kcabral

Adobe is about to finish its short term retracement. Then its back to long term support at 185, which intersects the large scale upward fib channel. It may hit 185 when it hits the fib time window (Jan 22nd)

kcabral

Looks like we'll bounce off medium strength support. Then rapidly back down to the long term support area. At any point it breaks the down fib channel then you should by. Until then, don't do anything.

kcabral

BTC - Bounce around then another flash crash into the 9k range

kcabral Updated 

The next few days will be critical to see if it continues to break down into lower support. I've added Fib channel lines that should act as support on the way down or resistance on the wa up.

kcabral Updated 

I had a look at similar chart patterns at different scales, including gold during it's peak last decade. This pattern resembles gold where in this overall move, it will dive quickly below yesterdays support, trap some bulls. Then it will bounce half way from it's move in the last few hours and then flash crash into the 10,000's.

kcabral

Time for a short term correction to roughly 185 before moving up again.

kcabral

ETH may bounce in between Fib channel support.

kcabral

BTC - Triangle Pattern for a Day or Two - Then Flash Crash again. Price will bounce between fib channel supports.

kcabral

BTC should kiss upper resistance goodbye and head down to support. Bounce back up to resistance and down to support (~12,200)

kcabral Updated 

if it breaks 13200 right now, then it'll go straight to 12900 or 12750 before taking a break.

kcabral

Following Fib Channels, Fib Circles, and retracements from the beginning of bitcoins inception, I see a retracement down to 9-10k. Likely near the end of January. Then arise to 28k before taking profits.

kcabral

Time to flush some folks out in a wave C down correction. Buy when it is in the range of 8.5-10k.