Boeing is at the confirmation point of a double top and the existing pattern is very closely following the overall structure symmetrically. I would expect to see this continue.
Peep game. It's about to get real. KUCOIN:OPUSDT
I'll keep this short and sweet. We've bounced off the bottom trendline of a major descending channel. An "anti-gartley" harmonic pattern has printed on the BTC daily chart having a final target precisely at the upper trendline of the descending channel and also the 6.618 fib. Meanwhile, DXY has printed a bearish bat harmonic pattern on the daily...
Greetings! Let's begin with a neat observation. Notice how the 2017 bull-run fractal looks nearly identical to its .618 run-up fractal in 2018, they are like mirror copies of each other on different scales. Now, take a look at the 2020 bull-run fractal and compare to the .618 run-up fractal we had in mid-2021. Same thing, nearly identical. It's as if we...
BTC is consolidating on the daily chart. We will most likely dump and wick down to 33-35k in the coming days before heading back up again to towards 52k.
I put this together for myself to help stay organized and stick to the key plan I have for my trades. One other thing I've done is flag the coins in the watch list according to the level they are in from the template. I also printed the image itself and have been manually writing the coin name on a sticky note, moving them forward through the stages so that I...
XRP really seems to have been in its own cycle and patterns this entire time. We are just over ~420 bars since the high earlier this year. It was at this same point in 2018 where we went to ~$3.22 ATH. Using fib analysis beginning in 2014, we see the cycle top was the green 50.618 fib having its orange 0.618 of that respective smaller cycle at the green 30.618...
There are a handful of coins which are mooning right past their .618 from the local high after a retrace back to trendline. Examples include LUNA, SAND, and AXS. This coin exhibits characteristics similar to these coins that may suggest similar behavior. 1.) A sharp uptrend is present, this is a differentiator. 2.) Money flow crossing into green on the...
Match up the numbers. The red represents a trendline beginning at 64k.
3d Money Flow Index going Red Following the 3d chart further from my previous idea, you can now see the money flow index is about to cross over into the red. Historically, this has only happened four times in Bitcoin's history and each time has been followed by a massive dump.
The top in 2014 represented a new cycle that carried to completion in 2018. This top in 2018 has meant the beginning of a new cycle that will end later this year in 2021. Just look at what's in store ahead. Here we are printing the same expected pattern that we saw in 2013 and 2017.
The first-attempt Wyckoff distribution schematic seen on this chart is a popular one floating around at the moment. I've included fib extensions that are very well respected as a way to help guide target price points along the way. We may not drop as low as the 3.618, maybe 4.618, but I definitely believe we are down a bit before seeing a new all-time high. ...
Comparing the same pattern in 2017 that has held very strongly with perfectly aligned fib extensions, here are some points of interest coming ahead.
Were you surprised by the the A wave that wicked down to 47k last night? Over a billion dollars of liquidations occurred so many people were. If you compare the same structure at the same time in the bull market in 2017, you'll see we are in a rising wedge that began weeks ago and we just completed Wave 5 (elliott wave). So, the A wave down to the bottom of the...
There are at least two short opportunities coming up very soon with the final one returning to the 1.0 fib on the chart. Expect it to rage like hell directly into a new phase of the bull cycle after bouncing around 42k where the real parabolic action should be seen. Confluence -------------- Fibs from last ATH and a local fib Bull run comparison between 2017 and...
There is an uncanny resemblance indicative of history perhaps repeating itself to some degree of abstraction. Derived price targets from fib comparisons. Analysis of a very similar fractal signature at a similar timeframe during Summer 2017.