We can consider the area up to the Fibonacci channel 0.786 region as an accumulation area. Prices in this region will move tightly. We can accept the 1.tp zone at the $1,600 levels. I believe that it is a good level of buy and sell for those who are thinking of day trading. After this region, the recovery of prices may trigger a pump. The area I refer to as SL...
If we evaluate the data obtained in the box measurement between the low area and the peak, the fact that the back test is from 0.382 suggests that this will draw a harmonic pattern. I think the C leg will stay between the 0.618 and 0.786 I mentioned on the chart. Because I considered level A to be excessive depolarization. If we consider the depolarization...
I think the d Pillar of the Harmonic Pattern will get a support in 1.618. I am of the opinion that the price will experience an average of 25%-30% loss. It is necessary to measure control levels again when the price regresses to the 5650 levels. Note:This not investment advice.
What is this ? I call it the honeycomb pattern. Of course, there is no such pattern. I'm making it up. But I still think it will work. The important thing is the BTC movement. Others are just copycats.
First of all, if we look at the weekly period and the head depth according to the formation, we encounter an average price of 660-750 dollars. When we make detailed measurements in 4 hours period, I think its trying to reveal a harmonic model. Assuming that B will be shorter than other patterns and d will be in sync with the descending trend, then the d leg will...
- I told BTC will down to 18 K at December 21,and published confirmed analysis of it 3 day ago, 2. time the analyse removed from here, I publish it 3. time . You can see from the graphics which published before. These analyzes have now reached the expected support levels. Most likely, an upward movement should start now. But there is a fact that when we check...
There is not much to add to my past analysis, but I would like to share my thoughts again at the request of a few friends. The general belief of the triangles principle is that the direction of refraction can break the algorithm of the triangle. I believe that the breakout on the 4-hour chart gives a downward signal. I will not evaluate indicator data at all....
BTC remains determined to complete its pattern. Accordingly, I think of the possibility of throwing a needle in the fib 1.27 region, which I show on the chart. Most likely the price will find support at fib 1.13. But I expect a spike to fib 1.27. In this case, our price expectation may be in the range of 23K and 18K. In the previous analysis, I gave a detailed...
In my previous articles, I pointed out the current status of BTC. I expect an apology from those who insulted me for saying that BTC will fall in my previous analysis :).. I think the current chart is trying to complete the head and shoulder pattern. When we look at the past accumulation regions, we can see that the previous picture is similar to this one....
Is BTC going down? I felt sorry for many people because of this situation. It was really a stock market manipulation. Or so I think. Because big volume single candles can be drawn by a large whale. First of all, I will introduce you the signature of our biggest whale on the chart. Yes it looks like a harmonic pattern. But there are about 70 different patterns...
Note: First of all, candle closings in the upper box invalidate everything I wrote below and show that this analysis is wrong. If this box is not entered or this box is not passed, my thoughts below are valid. Analysis; Fibonacci measurement at 4H may suggest that this is an elliot wave. But I don't think it's the elliot wave. 1st wavelength is too long 2. sellers...
I expect it to move along the Schiff Canal line. After crossing the median of the regression channel, prices will relax. I think the real trend will start after the median. So, I'm waiting for the real rise after the $2.5 correction. At the moment, we can see a pullback to the $2 levels. You can look at the Trend levels from the Heatmap I published. NOTE : This...
First of all, you can find the areas used in the analysis chart by looking at the chart below. My thought for the current situation is that it enters the green area and tries to create a support area for itself there. (3 Candle rule) . The green circle can be considered as the necessary safe zone for the trend. The green ring below the green circle is the...
As long as it doesn't stay below the regression channel, I don't think it's anything to be afraid of. I also have a belief that it will go as up as the flagpole. Transaction volumes do not seem to cause much decline anyway. I don't think there can be a long decline with this volume. There is a accumulation in the 0.618 region. Maybe there could be a retreat here....
I tried to indicate the support and resistance zones for the shib. I hope it will be useful. Note: This is not investment advice.
Prices may go down a bit from here. But I think it will up again. Maybe he will continue on his way without falling. However, technical indicators show that it may fall a little lower. If the pattern can be completed I expect the target levels to be at the same rate as the pattern fibonacci levels. Note: This is not Investment advice.
You can give a chance with a close stop loss and a close buy order. New currency. Therefore risk must be taken into account. Note: This is not an investment advice.
In my opinion, another rule should be added for commodities. Maybe there is such a rule, but I may not know. Each pattern gives birth to its own pair. We see this in the chart. Like Ying Yang, it has created a channel by creating another pattern in return for each pattern. I think we will be able to determine how these patterns will be completed or how the price...