mythrin

mythrin

I posted another chart in 2018 that was similar to this in where I think over the next 10 years we follow the same trajectory as Gold. It's been a while since I've posted any ideas publicly, but this is one I want to hold myself accountable to as I feel strongly about it. Fractals and history do repeat themselves and people always say BTC is the new gold, whether...

mythrin Updated 

Looking back at BTC fractal I have been following since the 2018 bear market has shown that we are about to enter the next wave with new highs. I posted when we were at $3400 it was time for BTC to rally imminently towards $10K. Now we are going to break the 20k highs in the coming 4 months. Don't be spooked by all the fears of people saying this was just a libra...

mythrin Updated 

Going to make this short and sweet: BTC is clearly in a bull flag with our ascending trendline since May 2019. We just recently had a bull trap candle and pullback below the diagonal trendline which also happened to be a .382 pullback of the entire recent move, which is very common. BTC looks like it will flag out til Mid Sep then make another run for it. Tons...

mythrin Updated 

A clear and simple look at BTC goes a long way. The one thing BTC loves is diagonal and horizontal support. You can see the channel/broadening wedge it's currently in on how it will not break that channel floor. There is an ascending trendline coming up as support that has confluence with horizontal support around $8700-8900 range. BTC will most likely come down...

mythrin

A few months ago I posted we were going to break out into a massive rally due to 2014/2015 fractal analysis and it has played out nicely. It's been a long wild run and for now it seems pretty clear that we are going to start pulling back in the coming days if we don't break $9500. BTC has 3 bearish divergences on the daily chart. BTC is at .618 of the fib...

mythrin Updated 

Looking at all the majors only one or two stick out. The biggest one is BAT. RSI is showing a breakout formation, but price has not confirmed yet. Normally RSI gives us an early indication of breakouts such as these. I am targeting a 35% move back to .268/.236 area. BTC couldn't break 8250 convincingly and closed below horizontal support giving the alts a chance...

mythrin

ONE is coming out of an acceleration point on gann with a .786 retrace on the latest move. IEO's are still attracting most of the volume on binance and this will be an easy one to scalp for 20% Target 1 308 Target 2 340 SL 270

mythrin Updated 

Here's a clean image of the chart to zoom in without changing scale: Everyone and there mother is looking at the 2014 fractal now. Most traders are just following what other traders are saying, but not digging down into patterns and facts. I have been looking and trading fractal patterns for years and know a few quirks with experience that only seem apparent...

mythrin Updated 

This chart is my new bible I have a strong feeling that we are about to see 2017 January played out again with a MASSIVE alt rally back to about 45-47% BTC dominance. This would result in about 3-5x on most coins. Once we reach the trendline I also have a two feelings. One alts retrace after a massive rally and BTC takes charge in late Q1/Early Q2 as investors...

mythrin

Bitcoin is the new age gold in a preferred hedge to fiat currencies as a fear commodity. The narrative is the same, the commodity is different. Why should the charts be any different? Using some basic fib extensions to reach targets I think we will see anywhere between $100K - $140K in 5-10 years, maybe sooner. Always look at the narrative. Markets are higher...

mythrin Updated 

*** PLEASE VIEW IMAGE BELOW AS THIS IS WHAT THE WRITE UP IS REFERENCING *** serving.photos.photobox.com 2014: 2018: We can no longer view BTC as the main source of a fractal from the 2014 crash because there are so many alts now that make up a bigger % of the market cap. Thankfully we are able to use other charting services who provide total market...

mythrin

Hello everyone, The past week has been pretty brutal, but due to a few indicators we are at a major support point. We have to look at the chart from far out and in a simple format to see this. First, we have a golden ratio tag of 1.618 from the 20k high to 10k dump giving us our structure location. Second, we have capitulation volume in the amount we haven't...

mythrin

Hello everyone, The past week has been pretty brutal, but due to a few indicators we are at a major support point. We have to look at the chart from far out and in a simple format to see this. First, we have a golden ratio tag of 1.618 from the 20k high to 10k dump giving us our structure location. Second, we have capitulation volume in the amount we haven't...