Indicators should speak for themselves.
having a lot of fun with this new adx indicator... bullish scenario: either 270 or 289 in the next 2-4 days, the adx indicator suggests 289 like back in january when the price was going down, but the fisher indicator suggests 270 like back in march... i just looked for a similar pattern on the adx indicator and the huge fall down at the beginning of the year was...
good chance that there will be another leg down so that the symmetry of the spike up from two months ago plays out before the dollar continues moving up
reversed and flipped head and shoulders fractal... hopefully it's not 2-3 times the size as the original...
scary fractal... might be time to get worried...
it's like one of those choose your own adventures
I believe this will be the final bottom. If it makes new lows then it's hard to say where it will go.. 125, 150-180, eventually 85 and if Bitcoin gets replaced or horrible news comes out at the end of the year like Anatolio suggests, then sub-40... I'm 75% confident that 193 will be the final bottom...
the green would be the bullish scenario, otherwise overall likely bearish
was spot on with the 255 call and that it would happen on saturday... the market makers rarely let it go as high as the bears want it... so if it goes to 261-266, there's a good chance that it won't stop there... but it could stop there of course.. juts a warning...
I suspect the circled fractal is what is being repeated. It should tap the thick red trend line for a high of around 254-255, possibly repeatedly over a few days, which is also the daily 100 MA. And if it repeats that circled fractal, there should be a significant drop down to the thin purple trend line at about 200 dollars, which connects to those red arrows and...
took exact center -- green line between two vertical trend lines at left, put them in exact middle of where i believe the confirmation hit.. while crisscrossing them, drew new purple vertical trend line right between the criss-crossing duplicated trend lines, making sure that the cross was in the exact center of the bottom and the confirmation... the other...