This is not trading advise but please do your own due diligence. I have just laid out my master chart for ETH and Alt coins entry today and exit and make re entries at retracements of a minimum 61.8 % in 3 stage cycles in march and Oct 20121 and completely exit all Alts at the peak at the end of Nov. 2022.
It retraced back to the 50 % level and got rejected. Now heading for the 100 and 161.8 % down targets
My apologies an incorrect chart was loaded. Short the Aussie. It met the 61.8 % down target from the H n S break and retraced to the 38.2 fib level. Next targets are the 100 % =followed by the final target at 161.8 down as per this chart.
Short the Aussie. It broke a H n S patter, met the 61.8 % down target and rebounded. Now retracement at the 38.2 % level resistance. Short for the 100 and 161.8% down targets as per chart. Cheers www.mql5.com
BTC had a breakout from this pattern.The final target is at 14500.
As you can observe that the bull flag fractal has played out exactly from my previous post.It has today met the 100 % target at 0.25662. If the fractal were to play out to the mark then the final target for this pattern is going to be at the 3.618 fib level at 0.32647 within the next 3 weeks which ties up very timely with the bitcoin halving.This will have major...
ETHBTC Daily created a solid support after the retracement from the mar 12th sell off. Last week it broke out from a 'W' structure pattern and has consolidated forming a bullish flag.A breakout from this flag also breaks out from some higher resistance levels going for the 100 % target at 0.025573.This should confirm the next Alt coin rally
Hi Guys, I just wanted to separate the trades from the bigger picture.This is the focus. The weekly charts are shown with the heading BTC turning Bears into Bull starting this very year. We met the down target of 0.786 fib level from a bigger triangle which took 9 months to develop. The final 100 % down target has not been met yet which is sitting at 2335. At the...
Only one position is in this long trade from 3800 coming to nearly a week now. It is caught in a triangle now in a very tight range. I have placed some targets of this triangle as shown in the picture. If it breaks to the upside we have another 2 more stop orders awaiting at 4200 to get triggereed.The 3 TP's remain the same as the original trade with a tight SL.
Hi Guys, I would like to wish everyone a Merry XMAS. This is my take on ETH getting out of this Bear market and turning into a Bull.Since i started a thread on BTC i was also closely monitoring ETH as this is the fuel required to drive most of the ALT coins. The question always arises when is the best time to buy the bottoms and i can clearly say nobody really...
Hi Guys i wanted to share my take on the BTC charts.Please feel free to comment.Thank You. Lets start with the latest Daily triangular pattern targets.We have met the 0.786 % down target at 3200.This is precisely where the 200 SMA weekly is sitting. This seems to be holding very strongly where the bulls and bears are having a tough battle. My take on this is...