PivotLTCBTC is loosing the 0.236 Fibo, so it might go down to setup a new pivot in order to go higher levels
Fibcircle
Matrix Reloaded Rocket +22% 2-3 daysNEO is back, looks to good to be true, but it is preparing a Rocket after completing ABCDE correction, as always, things can turn around and break on the opposite, so there is a lot of strategies you can go on here a trigger level on green line, a middle target and the final one all this in about 2-3 days. So you can enter now with a good risk management and good risk reward ratio or wait if it goes to the green line to buy. You can also buy on crossing the MA50 upward.
End for BullsZCLBTC has a double indication it has finished it's bull cycle, can't short, so if you are in might consider closing !
About to break down -13% or moreIOTA is just above a support circle, green dashed curve, if it break down that curve it is going down 13% or more, targets on chart
Potential Rocket +32%WAX has fallen an entire 1.618 Fib circle and has a good chance to return to the 0.5 standard Fibonacci (red line). It is currently below the 0.236 Fib (green line) there is too options here: wait for it to go the green line and on break up buy until the red line or buy now with a close stop loss and use risk management in your favor so you can either close at the green line or wait for the red one.
Imminent fall -40%IOTA all set to a waterfall anytime, it passed our Fibo and there is no option but to fall !
Rocket +22% 1 dayIGNIS looks like completed a full 1.618 Fib Circle and is above our standard 0.236 Fib (Green line) with potential to go to our 0.786 Fib with 22% on the process.
A rebound or a full reversalXRPBTC is an interesting point because two supports are very close, one of them a very wide one from the top of 2018-01-04, still not touched, but could be some charting imprecise drawing or not. While the inner one is complete, the most conservative prediction is a return to the mean on the inner cycle that is also our 0.236 standard Fibonacci.
FuzzyBCH is looking to decide soon major movements. So far it has accumulated/consolidated for two months but there is missing pieces on this puzzle so far: it is missing E from the most probable ABCDE consolidation. There is a very inner ABCDE correction looking complete hinting for a spike or rocket run but a rocket without a proper E could mean just ABC correction. So there is a lot of possibilities but this logical quest could be solved if it produce a minor spike after the inner ABCDE correction an form a new major D point where it lies the yellow B and revert everything for the major E. So let's monitor how it breaks the circle triangle and use risk management to put things into our favor. If it goes the yellow path I think the final correction to E will be a lot wider them currently on chart !
So far no trade here just a setup with some perspective on what could happen. Soon there is something happening I will update the idea.
Where the game will changeBTC got to the all expected 9.2K, previous low on bitfinex, with 0.236 Fibo on 9.4K, this is the point where all can change. It can change from bear to bull on timeframes above 4H and from bull to bear on timeframes lower than 4H. I have really no idea if is going bull or bear at this point so I just made an analysis for each point of view for the coming 2 days with both targets on chart for bulls and bears. Flipping a coin choose one side and put a very stop loss will make you have a very high risk return, and if you got a stop loss you can just invert your trade and still pickup the market. Or you can wait a little for a market decision, and take the bus while it is rolling, you might miss some profit on this case but you will also miss a bit of profit if you enter early and got a stop loss. If you are already on one side just wait and see.
I made the analysis based on two techniques together so it one confirms the other with Fibonacci levels and circles, targets on chart
RecoveryADA looks like finished its ABC correction and is going to rebound if it is able to stay above our 0.236 Fibo with target on 0.768 one
Clean, simple BTC 4H timeframe targetI took the time to review every crash avaliable on TD with bitstamp exchange, since march 2015 on 4H, with the same methodology on each one:
Apply the circle fib on all extension of crash with the 1.618 level;
Apply standard Fibonacci to read the rebound;
Check position of inner 0.236 fib circle in relation to the center of the crash;
Check if crash is ABC or ABCDE;
Check duration of the crash;
So I got this:
March, August 2015:
November 2015, July 2016:
January, March, June 2017:
After checking how much it rebound inside the 1.618 Fib circle almost all ABCDE crashes rebound to 0.5 standard Fibonacci while one crash rebounded to the 0.786 and other to the 1.0 Fib. So based on this I think the most conservative and with higher probability is a rebound to the 0.5 Fib and them the market will keep swinging as always but outside the 1.618 circle Fib.
The very BIG pictureI have zoomed out several times trying to figure out BTCUSD market, after trying to find answers on the past I finally decided to see the very BIG picture. So the first thing I spotted was a possible very BIG 5 waves formation and we are still beginning wave 4 with more 2 crashes to go in 2018 to have a complete ABCDE correction and finally start the all might extended 5 wave where people will get crazy and live only to buy crypto ! But until there we need to survive ! I have imagined two possible paths, one nearly close to 2014 where it rebounds a lot, near 17K, in order to cross the mean and start the 2nd crash, and another where it don't cross the mean, maybe hit it and come for an inner ABC where BC is the 2nd crash and finally the 3rd crash where almost everyone will get broke and panic will be widespread with everyone calling crypto "ded"
About to break up +10%With very few alts performing better them BTCUSD +10% is not that bad. Very tricky sideway for a long time, could eventually break up here.
+16% 6 daysVery very trick one, but found some harmonic for a bullish view, targets on Fibo levels on chart.
Rocket +30% 2 daysThis is very much experimental analysis, have put very into it, trade is already in. I'm experimenting with Fibonacci Circles applied with a similar technique I am already using for classical Fibonacci and sometimes it picks very much interesting points. BCH is moving relatively wide swings with huge gains which makes it very good for swing trading / scalping. Target on chart, with a very short trailing stop. BCHBTC looks like completed ABC correction and is going for its wave 3 and BCH usually spikes like a rocket, let's see how this unfold !
Trickiest everLTCBTC looks only suitable for analysis on the daily timeframe. It just break out and paused at 0.5 Fibo, still not clear it can go directly to the 0.786 Fibo or take some 44 days for it.
BTC almost to it's best, current top?BTC, 4hr chart, using fibonacci circles, and trend-based fib extentions. Looks like we have a likely chance to close the 4hr candle above the .5 TBF, which should help us gain support as we used the same line as resistance 10 days ago.
Should this happen, I see BTC pushing up to $9900, and then correcting slightly back to the .5 TBF, until we get to the 4.236 circle fib (purple, 2nd to outside circle line). From here, we will have to reassess, but I'm not thinking we are going much higher before a significant drop.
BTC fail to break above trend line, bear season continuesIt appears that since we weren't able to break the top line of the downward channel, BTC is going to continue to drop, looking like $7200 conservatively, or, with the MACD reversal potentially about to happen, and the BBands tightening up, we could see the quick drop all the way to the previous bottom dip/support. Get ready to buy in the next couple of days b o i s
