This post is provided for informational purpose only. It is not a financial advice to buy/sell.
Previous Ideas This post is provided for informational purpose only. It is not a financial advice to buy/sell.
Hi, just a quick update of where I think we are right now in the grand scheme of things. I see a lot of 2014 fractal similarity charts, but imho most are wrong. They are much too fast, and predict the bottom of 3k already in a few months. That would be insane, since the halving in June 2020 is still 2 years away. I only see a new rally possible shortly before...
What do you think? I 'm pleased about comments :)
Here's my second vision of BTC. The chart is completely matching 2014 year btc. Maybe i'll show you a 2014-2018 compare later. Most possible movements here are blue A-E waves with first strong resistance at 9000 lvl. The first idea :
Can anybody tell me why THIS time is different? We now have a 5 months mirror of 2014...should say something about the pattern?
This is a more bearish scenario -at least midterm bearish, longterm btc is of course always bullish :) I notice the similarity of this behaviour with summer 2014. Let's see if this will play out like this again. In the plot I drew the standard moving average SMA200, as you can see in 2014 it didn't manage to push through it, and apparently now it behaves also...
- 2014 break through log resistance inspired confidence in the market, good news (Dell announces support of Bitcoin, Overstock.com) - 2018 break through log resistance inspires confidence -Support line at $8400 based on initial correction after the move through the resistance line in 2014 Trade Idea: Buy at $8400 Sell at $8970
You can see the ghost pattern of 2014 crash in light blue. It is compressed 25% but nevertheless represents a good idea how this years crash can continue. The upwards channel seems strong and I think we can go as high as 12k usd. bigger picture in link
I keep seeing the 2014 bear fractal charts everywhere. There seems to be a trend going on or something. However, many people forget that before 2014, there was another rally, in early 2013. Both rallies ended in a large correction, with a subsequent logarithmic downtrend line. In both cases the trendline was broken. In 2014 it was a failed breakout, meaning that...
I have updated my superposition charts to reflect the channel break that we had recently. I believe that this chart is even more realistic than my previous ones as the 2014 ghost pattern (in blue) is only compressed by 25% on time frame. I think this is also reasonable as we have in a slightly faster moving market today than in 2014. So as you can see the top...
Hi there. I want to share with you this idea of BTC fractal of 2014. Well, let's begin. First of all, I want to be clear with you: I DON'T want to be in a bear market for longer. But, if it's the case, I will be ready for it, and I'll make money while it happens. So that's why I want to take into account this very possible scenario, so that nothing catches me by...
I'm tired of seeing sloppy comparisons of the fractal from the 2014 bear market skewed and stretched for convenience without any regard to wave count or time. That is just confirmation bias. You can see that yes, there is an uncanny resemblance between the two, however the TIME element is often ignored. If you look at the equivalent peaks and valleys you see that...
I got a feeling about good old $CLAMs (CLAM). Will it live again? This is CRYPTO! Steemit Link: steemit.com Rule #1: Expect the Unexpected... Although this coin dumped hard back in October 2017, here are some factors that may indicate an impending move upwards. DISCLAIMER: I wrote this article myself, and it expresses my own opinions. I am not receiving...
I have done this superposition back in 6th of March and so far we are going in a very similar to the trend. One important point is that the time horizon is not the same on the superposition. I had to compress it to fit the actual crash. Nevertheless the resemblance is strong.
This is just a quick comparison. Version 1 out of 2. This is the option showing a short bear market. Related image with both side by side. i.imgur.com Version 2:
This is just a quick comparison. Version 2 out of 2. This is the option showing a long bear market. Related image with both side by side. i.imgur.com Version 1: