


BoneFunkenstein
How it reacts to the 236 especially with Red Ratio line is important. Every wants to publish their Santa Claus signal to work but I think we have a little more consolidation to happen in the next week. I am waiting for reaction at the red line. any trending historically has been positive. I always set my buys when it dips below purple :)
Using the indicator I created makes it easy to see when I should get in and out. I expect up from here To get the Indicator go to here
Continuation Ahead. Almost perfect bottom call on bullflag on Fib 0. Here we go
In my UVXY post last week I positioned my capital (do so on your own risk). Now I want to show the why. With markets tittering on indecision and consumer market in the abyss I am showing what I see. The Diamond has formed and all that glitters is not gold. If you want to know more about the Fibonacci Indicator that is used in this chart I have posted the code...
The market is tired, people are tired. the greatest opportunities are found at the bottom of scape heaps
20K volume dump and something tells me they are not done. To get this Fib Indicator I created go to my profile and follow and like :)
Here is what you are looking at. The 480 VWMA (Volume Weighted Moving Average) per period selected of the low price (Fib 0) and the high price (Fib 1). They are labeled in Color of the line they represent. The other Fib lines are calculated using common fib ratios as follows: longRange_fib2618 = highestHighperLongRange + (highestHighperLongRange -...
I cannot express how much nature hates coincidences.
#TheGreatBTCLowestPriceGuess2021 This is my guess
Attention to the 3 boxes I have placed on the chart. The highlight is to show what happens when the price starts to trend on the YELLOW Fib ratio line. It starts to follow it up for a period and then totally breaks into a downward trend. Notice the middle box breaks almost as the RED Fib Ratio line crosses the YELLOW. My working thoughts are that we are going to...
The history of the Fibs and a few tea leaves say nope. The chart is
In case you are wondering what the machine says
It is all algo driven and any deviation are people reacting to their emotions. The cliff is here
Just giving a looking glass glance at the Fibonacci and price action around when BTC was at the same Fib levels in 2018. There are no crystal balls just a bunch of lines so let's roll the bones and see what comes up. History doesn't repeat but it does Rhyme
The Fibs dont lie
or it goes to Fib 0 Bottom White line to reset the short term Fib 0
The Fibonacci Average catches the short term bottom and the price bounces to the red ratio line