Long

BTC(Has Bitcoin's bullish rally begun?)

By MR-V2020

Updated

Hi
As you can see in the chart, Bitcoin is in an ascending channel and has now entered a triangle pattern. There are 2 strong reasons that show that the upward trend of Bitcoin has started. 1- As you can see in the chart, the old white resistance (number 1) has shown in the past that it is a strong and reliable resistance. 2- The correction level of the last long wave, because it has passed the level of 0.886, can be a value less than 0.618 (the cube of the level of 0.886). In addition to this, because we are in section 1-2 of the Fibonacci sequence, the correction rate of the wave should be between 0.5-0.386. Therefore, after exiting the triangle, the Bitcoin target will be above 40k. (long-term target)

Note

The reason why the price cannot go below 26k is because there are two strong resistances in its path (white and yellow in the chart). The intersection of the yellow resistance with the level of 0.618 is the point where price and time reach equilibrium. The yellow resistance, which refers to the last strong bearish wave of the previous year, will can guided price to the level of 0.618 ($25,751), after that there is a possibility of a strong upward trend.

Note

matic

Note

It can climb up to the level of 1.414

Note

Focus on the yellow diagonal resistance in the initial published chart. If it is broken, the downward trend is confirmed and we can enter the short position.

Trade closed: target reached

matic target touched

Note

It can climb up to the level of 2

Note

equilibrium done

Trade active

Keep an eye on this currency

Note

The time-price equilibrium has been established. But until the price crosses 0.618, we cannot expect a stable upward trend. This is related to the height of the waves, which can be seen by zooming in on the chart that the crossing has not yet been completed.

Note

Kava currency has given enough profit......

Note

As it was said before, only after the price crosses the 0.618 wave height, the price could have an accelerated upward movement.

Note

This cryptocurrency is getting ready to reach its target. Keep an eye on it

Trade closed: target reached

Target was touched in the exchange where my trade was done, but not yet in Binance!!!!

Note

Target Sushi will be touched in all exchanges
Why was this currency chosen among all currencies? Other currencies touched their targets in the first rally and are now looking for an opportunity to enter the correction phase. Therefore, the best option for trading is a currency that has not yet started its upward rally.

Trade closed: target reached

Note

What will happen? Refer to the idea published on April 26th

Note

Be careful when opening positions.(kava) liquidated me yesterday

Note

Keep an eye on this currency

Note

This move is one of the strongest possible possibilities
(This is not investment advice)

Note

As explained in the initial chart, the correction rate was slightly lower than the 0.618 level and then Bitcoin's uptrend began. When the price exits from the height of the previous big downward wave, it is necessary to update the diagonal resistance chart and the new Fibonacci section (in the lower time frame) to reveal the details of Bitcoin movement.target was shown at the initial chart.

Note

The price is in range mode. Due to the price crossing the 1.13 level, the price cannot cross the 0.886 level in the return mode. On the other hand, the height of the wave has crossed the level of 0.618. Therefore, if the price crosses 0.886. The wave must descend to a height below 0.386 (white line). Otherwise, the wave must cross the height of 1

Note

update to diagonal resistors is being completed and will be released soon after the last test. But a very surprising thing has been observed. The intersection that you see in the chart has not been seen in the last 2 years, in this intersection the time, price and Fibo level have coincided amazingly!!!

Trade closed: target reached

The price crossed the 0.386 level. Is the correction over? Be patient

Note

The resistance of the green diagonal and how the price works against it confirms or violates the whole new structure of the diagonals.

Note

It is possible that the calculations need to be partially corrected. That is, the slope of the ascending diagonal resistances (bulls) should increase (17 degrees). However, this is only a possibility and we are still waiting for the final confirmation, and after that the chart will be published in general, which can be used until the end of the section 2-3 of the Fibonacci sequence.

Note

What seems certain is that the price cannot cross the level of 0.236 (white).

Note

Before announcing the FED's decision, take a look at the chart above. The pattern of the previous chart was repeated again. The last wave crossed 1.13 and the new bullish wave was not allowed to cross 0.886. But now that it has crossed this level, the same rules that were explained in the previous charts are repeated.This simplified method puts you one step ahead of the market.Even in the rising wave, if you take RET, you will see that the chart once reached the level of 0.886 and then crossed the level of 1.13 (for scalpers).

Note

In this simplified method, we can use these levels to confirm entry into long or short transactions. Pay attention to the levels.

Note

And finally, the target is obtained using the height of the first wave, or in a simpler way, it will be the first diagonal resistance of the first target.

Note

Today, we performed a moment-to-moment analysis before the release of the Fed news to show what effect the release of this news has on Bitcoin's movements. We have already mentioned that Bitcoin follows a series of movement rules.
As you have seen, without paying attention to the fundamental news and using the simplest calculations, you can predict the movement of Bitcoin.
( note that calculations are not always this simple)
Thank you very much for being with me during these 12 hours. I wish you the most profitable trades.

Note

I would like to introduce a currency for investment as a thank you for your kindness.
IMPORTANT NOTE: do not invest in any currency without own research.
LIGHTNING

Note

NOTE:
We have important time nodes ahead , in one of that time & price have completely reached equilibrium

Note

As mentioned earlier, after the price reaches this area, a strong pump is imminent

Note

As mentioned, a price pump occurred after the price reached near the 0.618 level. Is this the beginning of a new upward trend or is the correction still ongoing? The answer to this question has already been determined.

Note

The drawing of the new diagonal resistances has been successfully completed. As mentioned earlier, the A area plays a key role in the movements of Bitcoin. The most important Bitcoin junction is very close and indicates an imminent Bitcoin rally with a new stunning target.

Note

It seems it is time to return to this area

Note

According to the rule of 1.13-0.886, the Bitcoin target should be as above.

Note

DEAR TRADERS
One of the movement rules of Bitcoin is the rule of 1.13-0.886, which is one of the 16 movement rules of Bitcoin used for all time frames and all trends. More than one and a half years have been spent to find these rules and based on mathematical calculations have been obtained. These rules will be published over time, but note that we avoid explaining their mathematical basis, due to their complexity and the need for detailed explanation.
Therefore, only the law and the method of its use will be explained
Their publication is free by mentioning the source
Thank you

Note

A trend continues if the RET of one wave crosses the level of 1.13, and the RET of its return wave does not cross the level of 0.886.
As you can see in the daily chart above, RET has crossed 1.13, so the upward trend would have continued if the return wave did not hit the level of 0.886. But this has been done and the trend has reversed.
This rule applies to all time frames and in most cases, big market movements occur after that
Pay attention to the following examples

Note

Note that another rule is used to find the exact entry point and the exact target. But for now, you can use the level (0.707-0.5) of the previous big wave for the entry point and the target of 1.13 (minimum) of the previous big wave.

Note

Repeating the rule in a 30-minute time frame

Note

The crossing of 0.886 was done. Therefore, we expect a trend change in the lower time frame
Note that the chart is messy because combining all the rules together gives us an ideal trade. Remember this market is a fractal.

Note

As you can see, this rule (#16) works very well

Note

Ok guys, repeat again

Note

Very important point:
This market is a fractal. This means that all the moves made in the smaller time frame must overlap the levels in the time frame above it. In simpler words, the movement of the waves in the lower time frame is done to complete the larger wave...
As a general principle, all micro-wave movements are influenced by the main wave

Note

A gift was given to you on July 26th to thank you for your support. I hope you enjoyed it.
(note that this is the beginning of its movement)

MR-V2020

Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Related publications

BTC (Future moves)

BTC(next target)

BTC(Combination of Fibonacci sequence and DIAGONAL RESISTANCES)

Disclaimer