If we can maintain this fractal of growth of 1 magnitude per 2 major market waves, we can forecast up to 10USD for the next high. Hard to know when this bear market will end though, so the date of 4 and 5 is a guesstimate here. It could be a short or long bear market, but I tried to match the angle for waves 3 and 4 with 1 and 2, which seems to work out decently....
Monero is awesome. If we can complete and confirm the levels of this inverted impulse wave we can continue the parabolic series. 1->3->5->spring.
Volume Flow seems to diverge from price when the market is oversold. In other words, the yellow lines dictate when the hype cycle fueled by harmful investors emerges (a secondary, greed-fueled cycle, as opposed to a momentum-fueled run), and the selloffs from disciplined market makers begins. Don't be like the traders in the chart that kept buying for a year after...
Long 10:25 Short 30:130 It's pretty speculative but I didn't want to go too high. In other words: 1990 hi -> 2000 hi = ~2 vertical bars rise 2000 hi -> 2008 hi = ~4 or 5 vertical bars rise 2008 hi -> 20018 = I stuck a line between the the previous highs and extended into where the next cycle should be around, so I stuck with that. 150 Might be impressive though.
Log chart didn't work so I decided to post the idea with a linear chart. Will post a log chart below
I tried to post a LOG scale chart so we could have a straight line, but that didn't work so I'll try to post it below. It's important to notice that the volatility of rise is not identical to the last bull market and so the bear market should perhaps be shorter. I don't think correlation is causation but lately there are more exchanges, more traders, and the...
Buy low blah blah, sell high blah blah
The strategy is in the chart. If the signal trend diverges from the price trend towards the midline (50), a momentum change is emerging, but realization is not imminent. We're in shark territory now. Don't float around too long.
Short term (1-3 months) we won't see a new major phase break out until BTC hits hype phase. Until then, we're stuck in this yellow falling wedge. Too high too fast for this impulse; seems like a good sell.
It's been a while since we've been here. Enjoy friends. This is the same as my last chart, just a more realistic wave 5 Cheers!
Consolidation phase continues! This seems like a good target if you like fractals and bacon. Or just fractals. Just be prepared to possibly meet and test 0.013 which would be 90% down from the high.
My last CLAM/USD chart had too many lines and overlapping colors, and I wanted to update the exponential channel to be a bit more accurate to my original intentions. The last high on wave 3 was 15 USD, so I'm looking to accumulate heavy here in the sub 5 dollar range (below the red line). Overall, I think this range is very conservative but realistic. If...
Looking good, we're ~80-90% down from the current all-time-high(2.1 USD). If we look at the red midline in the middle of the pitchfork, we can see that it's time to accumulate like a champion. Looking to buy a lot in the next few months.
Triangulation for this magnitude is looking good. We're down in the pits 80-90% from the high (0.105 to 0.21 USD) and should see very strong consolidation.
Many noble doge. Such triangulation. Such quest for freedom. Look for heavy consolidation around 0.002-0.003 which would be a 90% regression from the price high.
Look for major consolidation near 3 to 1.5 USD, an 80-90% regression from high price.