BoneFunkenstein

BoneFunkenstein

This is what the market looks like in the Fibs over a 420 period of weekly and day. Could it recover from here? Look and see if you can see a pattern. I am staying neutral on this to observe.

BoneFunkenstein Updated 

Will hit it's head on purple line and trend a bit then next down. If all holds true then it should drop to 1st purple line

BoneFunkenstein

I see that BTC log chart and I am sure everyone else has too. All the examples are so full of Hopium that sometimes it easy to throw technical fundamentals out the window to feed our base desires of greed. Got to make money to get more things to pleasure myself. Some people's pleasure is a simple loaf of baked bread and a cup of clean water where their only fear...

BoneFunkenstein Updated 

Chart says it everything I need to say. FEAR is the only thing that gets smaller when you walk closer and confront it

BoneFunkenstein Updated 

Setting up nicely

BoneFunkenstein Updated 

I say yes

BoneFunkenstein

It happens on every time frame. When the red fib ratio crosses over the yellow fib ratio the price corrects to the nearest fib in this case most likely .2 fib. Look out below

BoneFunkenstein Updated 

Please try not to kill the weatherman for the weather predictions, it isnt an exact science yet. It is a fun educational exercise to follow along, sure you can laugh at me when it is wrong, I will kick the damn machine and blame it.

BoneFunkenstein Updated 

As soon as the yellow line touched the white line the dump happened all the way down to the long term Fib MA. This is not Magic but Numbers

BoneFunkenstein Updated 

When the Red line crosses over the Yellow line, things will happen, But what will happen is ...

BoneFunkenstein

I don't believe in coincidences. Do you? There is one more gap to fill (see the lower green horizontal line). Are you feeling lucky? Well, are you?

BoneFunkenstein Updated 

Fibs work off of moving averages not linear lines. Multiples of 20-day trading cycles. The yellow and white lines are the immediate support. Secret Sauce formula works on all times frames. This is how I know when to get in and out of a trade

BoneFunkenstein

Looking back into BTC history is always fun and can lead to some pretty wild artistic expression and speculation on par with the Gold Rush. Look at the similarities, especially with the Fibonacci Moving Average turned on. The halving dates are marked to determine the distance from the peak of each run. One could make the case that Halving the mining rewards trips...

BoneFunkenstein Updated 

This pattern is repeatable throughout all crypto sphere on the down market

BoneFunkenstein Updated 

I was working on an idea that I am developing with @Lucyf2492. Basically, it is a 20 day period slidding Fibonacci within a 200 day period sliding Fibonacci. It helps identify local and longer-term price levels of resistance and support. I was interested in finding areas where the Fib0 line of short term 20 day exceeded the 200 day Fib 0 line since both are using...