Look at this beauty! Its the F SAME PATTERN as in 2017. Even the previous correction has followed the EXACT fib levels. Given that: Whats gonna be next? --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Lets take a quick look at the BTC pair in LOG SCALE: Consider this to be pornographic chart content BCH is gonna finish a 5+ year long falling wedge after hitting exactly 2.618 fib level Once this break out, its gone with a BOOM ! Hold my beer pls ---- No financial advice, do your own research, don't be stupid
1) Zoom in to compare this incredible exact same pattern. 2) Then ask yourself, when will your euphoria about a change in trend be the greatest? Thats where the #rekt will happen and most hodlers be badly exposed. Right there in the red box after breaking trendline. Both patterns represent a valid h&s with the recent one hitting its target right on point AFTER...
Pretty easy setup. If it bounces off 3.618, vamanos. To be monitored with super close stop for maximizing lever. Either way 8.236 (or more) is the ultimate target for later --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Super strong setup! Following this super similar BTC move from 2018-2021 Once it takes out the high its about to set after the followed retrace: it's gone If it falls back below resistance that would be a PITA! and lower prices would be expected --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No...
of a possible breakout! The first leg in early 2023 has been a b*tch to count but obviously has a running flat for its wave 2 giving in the end follow of the fib rules, w3 on 1.886, w5 on 2.618. Correctin of the first impulse ended right on 0.704 fib. And from there chance is quiet significant the next impulse has already started and its first correction is...
Well kind of ultra bullish, one would assume. Lets take a look what we've got. 1) Possible finished expanded flat ABC setting a fake new ATH back in nov 21 with a perfect ABC ending on 1.618 as well as C ending beyond 4.236 2) The first leg in 2019 had been corrected hard to almost 1.0fib, assuming the correction of the third leg will be mild 3) Recent...
0.236 was triggered right off the lows. Once 0.382 is established it gives room for higher targets and it will also have broken the downtrend for more confirmation. IF it gets down to buy box, that would give perfect R:R, but that's a big IF. And IF it gets down there and breaks 0.886 thats gonna be very BAD Hold my beer pls ---- No financial advice, do...
Whats so nice about it? PA is about to break a long downtrend and has already triggered major 0.236 for reversal. A rally up to 0.382 shouldnt be a biggie. If that gets flipped, 0.618-0.886 is next on the menu. On a local view: 0.886 major @ 0.04715 has to hold. Thats the invalidation for the whole setup. Since PA reversed on 0.704 already that could've been the...
They have moved in pretty much the same style although the ZEC's cycle took 3yrs since the top while EOS's top was in 2018 Will the pair divorce now? Either way for both pairs the typical ending structure with a wedge is obvious and their bottoms should be close or be done already But the danger of a new ATL is on ZEC's side for now --- If you like my...
Lets start with the local inner fibs: Got a nice 5 wave structure obeying the rules and possibly going to end near this 8.236/16.236 confluence. Could as well still go to 3-4-5 usd before reversing as trend is very strong. On the intermediate it would be very good to trigger 2.618 @ $5.30 on this leg to get a final high target in 4.236 area. If it fails to...
4.236 was clearly triggered on w3 and the retrace has been holding 3.168 like a champ. Only logical next target is 8.236 :o IF AND ONLY THEN once this downtrend gets surpassed. However a failure here will send doge much much lower to atleast 2.618/1.886 as first target Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Absolute bad ass set up. 0.236 already triggered. 0.382 with trendline is the next immediate target. But the real question is: 8.236 or 16.236? Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Will it do another low? Will it sweep the ATL? Would make sense. On the other hand, its already down 98% from ATH. Holding the 2018 would confirm the next leg up to be of a higher degree aka be a moon shot vs a new low might just indicate the next leg up to be a normal retracement ending somewhere 0.618/0.886 Either way, R:R seems ok --- If you like my...
One could look at it as a loooooooooooong type of bottoming formation. As long as this LPS holds one should be expecting a strong SOS before continuation further upwards. And of course: If it looks like a flag, it usually is one. When/If this break upwards, things will speed up quickly. --- If you like my content, if it helps you gain profit, give it a...
It has run nicely since the lows with incredible strength. But surely a correction will be necessary at some point. Here we have some fib confluences in the area as well as bearish divergences. Similarity to the previous occurance might lead to 40-50% correction before resuming uptrend. Surely not adivice to short here. Rather buy if hits zone in given time...
Just an idea for now to be referenced at a later time --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
Well it hasnt moved as much as other but the USDT pair has made a nice double bottom while the BTC pair went on to hit its 1.618 () forming a nice divergence. 8.236/16.236 target to look at still depending on how the impulse goes. --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial...