Arcs, Circles And Spirals
Exercise against biased thinking 18K 2 monthsMarket is like a chess game, and if you only keep looking at your own side, enemy will get you uncovered. This is an exercise of the kind "What if...". So What if this is the end ? Well on circle fibs there is almost no confirmation, it is looking weak and unfinished so this is spot that could surprise you opponent because it is not expected and this is exactly an exercise to expect the unexpected and get covered. Going long from here would mean some huge unexpected rally just like the path to ATH. So it is a rather long move, something to keep on mind in case it happens.
Bears SimulationsThis is a series of studies to try and simulate Bears setups. There is a lot of scenarios, and this methodology is still empirical. So I still don't have magic perfect crystal balls predictions but this is not the target, my target is always to have a base for risk management. To calculate high ratios risk rewards.
The fact is there is several curves and drawing an idea for each one doesn't help too much ! So I put together all the strongest curves on this chart.
Bear Simulation 1This is a series of studies to try and simulate Bears setups. There is a lot of scenarios, and this methodology is still empirical. So I still don't have magic perfect crystal balls predictions but this is not the target, my target is always to have a base for risk management. To calculate high ratios risk rewards. This is attempt 1, ONLY for a bear market ! This simulation put into conflict the possible end of bear market with 1.618 Circle Fib into the last previous low, if it ever breaks down them this is the fastest confirmation you get that bears market is still ON.
Some consolidation and +50% 29 daysXVG is rocketing, and to take a rocket on the fly is a lot of risk. Anyway it is stronger than anticipated and now it should go for some consolidation, there is a lot of risk here about where to join again and time target is rather long. This is just a base to monitor for further entries, use it with care and risk management with a stop loss.
Bear Simulation 2This is a series of studies to try and simulate Bears setups. There is a lot of scenarios, and this methodology is still empirical. So I still don't have magic perfect crystal balls predictions but this is not the target, my target is always to have a base for risk management. To calculate high ratios risk rewards. This is attempt 2, ONLY for a bear market !
This simulation assumes bear market is ON but it's end is very close.
Adjusted Bulls Strike backApril started !! With so many harmonics and possible Circle Fibs It was hard to get what would be the bottom with estimates varying between 6.7, 6.6 and 6.5K. My "first" estimate was a long time ago for 6.5K, you can search on my ideas for that, but with market dynamics I really thought It would "forget" old estimates and revert/bounce on a recent estimate. It is always hard, but this time several whales and very big volumes come into action. Let's see how this unfold and hope this is definitive this time.
Large Bear market to monitorBulls are getting some time but anyway you need to monitor both sides, this is the grand bearish map since ATH. There is even some indication that the Bear market has ended here but you never know for sure. So if Bulls somehow get weak and lost the dashed 1.0 Circle Fib bearish market will return.
Straightforward Bearish Daily ViewThis is my daily update for Bears and the reality is here with every bull attempt getting heavily refuted. On the last bear leg market was a lot single sided with too much short positions that a huge bull spike happened to shake it before resuming. Now market is divided which makes a bear run stable. So this is my emotionless short words view for a long Bear market with targets on chart with green flags.
A brand new Hope for BullsBtc is right now doing some bounce, where this supposed support come from ? In fact there is a real support there, it was so subtle that got forgotten, now let's monitor a bit because volatility is way high right now. If it break down this brand new 1.0 Circle Fib them my friend expect doom !
Key timingThis idea is not about longs or shorts or prices, it is about timing, timing on market is almost unknown field but I am using some empirical studies with Circles Fibs to master it. I have a very large Circle Fibs giving key timing about events, sometimes it is a minor change of direction sometimes it is major moves so time has come again for a key moment.
Conservative and Optimist Bull View - Last hopeThe recent Daily Bullish was to show the possible return to mean but is on a need for zoom in. BTC crossed the 1H MA50 so there is still hope and if market can go unexpected ways and paths that's one I would say have low probability. But this is just a plan and possible setup to keep on mind in case it happens. As always I put everything on chart so you don't need to read much.
Daily Bullish View - "The last hope"Looking at Daily you can see the last attempt to return to mean was rejected but crucially no new low was made. So there is still a chance market could return to mean to test it from the downside and that's the 9.2K bull target last hope. But a new low could be in progress so this a matter of risk reward, you can set a ratio high enough that you will loose near to nothing and still have a chance to revert operation in case of failure. Always use a stop loss, with a preference for a trailing one. Failure to go long here would be devastating without a stop.
On the inner 1H TF crossing the MA50 will be decisive and mandatory for a bull run:
The bearish perspectiveThose bearish traders think I was crazy about market going up, so this is just for you bears. This is a more extreme view where bulls will suffer the most. But if you look at daily or even weekly you will find market by all means are still bearish ! I have put every possible bear target on chart so you don't need to loose to much time reading when an image worth a thousand words.