Long

The Golden Ratio: Path to 40k

By Rainman2

Updated

Comment or PM me with any questions. Enjoy the Bull Run!!!!

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A closeup view you can trade on

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Join our Telegram group for in-depth discussion on the action as it unfolds, a look into the ongoing evolution of TA for the cryto markets, and (if some experts will join us) how to be a better trader :)

t.me/joinchat/HVMU6xDVN_wYdHsR0USfrA

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So there's about snowball's chance in hell this happens, but I want to alert you to the possibility, as one of my projections shows this happening. It's always been a possibility at the outset of the bull market. Like I said less than 1% chance that this happens. In any case, the price would jump up to 12k in 1 day candlestick to meet up with the black overlay:

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Outside of the crazy scenario above, this is the trading range for today. The day candle could move anywhere within that range intra-day, but we'd want to see it close near the top.

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It looks like a small pump and a bump up to about 8540 is coming soon

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8450 not 8540

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We should be seeing a steady, but small, bump up for most of this weekend

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Here's a chart to check out

Bitcoin showing a Massive Expansion Zone up ahead

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I changed his arcs a bit, combined his chart with my chart and got this:

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per his chart "The zone we are traveling to (if we get above the inner arc) becomes the most expansive and strongest trend we will experience until later in the year. It can not be understated the power of the moves that are coming if price enters above the arc. That $10,000 value area? It’s nothing. When price approaches that area, more than likely we just cruise right by it. Maybe cruise isn’t the word. We shoot through it." I'm not saying either chart is right, But it looks like we're overdue to hit 12k...

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We've stayed more or less within today's trading range (give or take a few dollars) but with the low volume, it looks like that jump up might not materialize. As you can see by the ATR, volatility has hit bottom. The bottom of a descending triangle, in fact. We really have nowhere to go but up from here (at least that's my opinion of it):

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Ok, new candle, new day, I guess. Sans the crazy jump (I know, I just can't get it out of my head), today's trading range is 8200 to 8750. Wherever we end up, we want to close the day above the open for the previous candle, or else the fractal we've been tracking becomes null and void:

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We're about to take a massive drop, get out now

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it's a massive jump... jesus. inv hs patterns completing all the way up

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sorry, I knew I was looking at something ridiculous and I had just gotten up XD

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The fractals have all shifted on me to look like that

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all the fractals across the different time frames are radically different, this is the first time I've seen anyting like this...

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honestly I don't know what to make of it

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again... something is happening... something big... I just have no idea what... really helpful huh?

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Does an inv hs apply to these indicators I have no idea:

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does a symmetrical triangle apply?

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how about a cup and handle?

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you see where I'm going with this...?

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Descending wedge

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it's kinda like we're at the nexus of the universe, just saying...

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So, that ridiculous jump to 12k is happening.

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holy... I see what the new fractal is now

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it's the other side of the fractal

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it's a slanting up W. All the timeframes went from making this: in the triangle

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to making the square

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as one of my followers pointed out we have a parabola, or the beginnings of one on the 4hr

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we'll be plowing up, right to 12k, the next few weeks with barely any stops. The matching areas are in yellow circles:

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A Closeup on the daily so you can get your bearing for making trades

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Since the above image is pretty detailed. I'm going to stop posting comments until we get to the first correction as pictured. But the discussion continues over at our telegram group, join us! t.me/joinchat/HVMU6xDVN_wYdHsR0USfrA

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not bad for a half baked theory, eh?

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now the question to ask? Will this run be a bubble? Or will this one hold?

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brand new concept in fractal analysis: Fractal Preview. Yes, I made it up, and yes, it works! Let's give it a few more minutes to see what bitcoin does.

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How good am I???

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This is going to get interesting. We're transitioning over to the 15min. Here's the new overlay for the 15min.

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This overlay, if it works, would imply that one of my previous charts is still in play with the new ATH between 90 and 120k.

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if we were to crash right after the 30/40k ATH, then right now I think the 1min would look like this

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let's see how it goes

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option 3

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I'll have to check back in with the 1min. But in the meantime here's something more realistic that's tradable:

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ok, so last thing, I'll just say that if this is the beginning of the bull run you want to hold your positions until we reach the top. Seems simple enough except that it's not. In any case, after closer inspection of the fractals, this is the best I got for the next few days:

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This, I'm just experimenting here:

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So I was looking through my old bitcoin charts, and... there's a possibility that we don't go to the moon, at least not for a while... it's based on a mix between fractals and the 3 Peaks &Domed House Pattern. I'm posting it because it's like 100% accurate, and I made it a month ago...

And so, we exited the triangle like a rising phoenix 2 the moon!

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well maybe not 100%, but you can see the giant red arrow, somewhere in the near future. All these obviously, are ideas, I feel more strongly about some than others but... just keep that in mind, and you should be prepared for all possibilities.

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oh god, this one's still accurate too...

Two Half-Baked Brains are Better Than One

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I should have listened to myself, this past month...

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I really need this overlay to work in some sense or form for me to feel like the newest idea is better than the others...

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I moved my parabolic overlay to the 4hr. Hopefully we'll be starting to move again soon

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I need some shuteye. But, just remember guys and gals. When all the other analysts were teetering back and forth between a little bullish and really bearish, I gave you a parabolic moon stick. Just sayin' :)

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We'll be mostly flat today. I wouldn't expect much more than +-$20. However, the moon stick (part 1) is coming...

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Hooray, moon stick!

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seriously guys, moon stick (part 1) is happening now.

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Our target is 9200

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Pls note that the above view is the 8hr chart and plan accordingly

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We're still on track for the 9200, as far as the fractals are concerned.

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we should be seeing a bart simpson head esq spike up soon

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The timetable has been truncated a little bit. This is the 4hr chart

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Join our Telegram group t.me/joinchat/HVMU6xDVN_wYdHsR0USfrA

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these are the new targets

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we have lift off

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check out the williams %R for the weekly...

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the level of ongoing price manipulation is amazing...

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next stop 6800

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6800 is minimum. It could go as far as 5400. It'll take course over several days, up to a week. New ATH gets pushed out until Dec/Jan. Sorry :(

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reddit.com/r/CryptoCurrency/comments/8kg9b6/tether_just_printed_250_million_worth_of_tethers/

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#15 coinmarketcap.com/currencies/tether/

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there is absolutely nothing bullish about btc right now, but my spidey sense tells me we're about to blast off... maybe I drank too much of the koolaid...

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see the green yellow and red? any time bitcoin price drops, tether spikes and vice versa. What's going on in the blue circle? Why isn't the price of tether spiking during the red patches? AND how does the triangle work? More tethers are bought as BTC price rises? That doesn't make any sense... But seriously, why aren't people buy more tether when BTC price drops in the last few months? Maybe no one's selling them for USDT? Maybe this crash since early March has been completely artificial? Am I taking crazy pills? Some well-informed thoughts would be appreciated.

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Reading oversold on the daily will probably coincide with the price hitting the bottom of the descending triangle at around $7615

Rainman2

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