Target is the blue area between the two orange vertical lines
1st Sl: below 1.618 (below the red area)
2nd Sl: making new lows after the time period between the two blue vertical lines
If both stop losses trigger as long as the pattern is valid a new entering price must be found
Target is the blue area between the two orange vertical lines
1st Sl: below 1.618 ( below the red area )
2nd Sl: making new lows after the time period between the two blue vertical lines
If both stop losses trigger as long as the pattern is valid a new entering price must be found
here I made a prediction.
with the help of three Fibonacci time zones and one cyclic time trend (gray vertical line), the red flash was the possible ATH and will be.
the upper channel is not caught though so a catch is not impossible (the chance is LOW) but won't take much time if happens.
I love this chart.
look at it. the rally is not even started yet.
thanks to time fibo and the upper resistance of the blue channel this correction was predicted. the orange line (which is 100% time retracement of two last highs) can be a good time for the main rally to begin. (or it may just begin a little earlier)
the main point is that there is still a lot of...
As we see 1.618 Time-Ret is passed therefore the last big uptrend is weak, it strongly suggests that we are going to have lower lows in the big cycle in long-term.
Price is strongly moving toward the fork's median line. as a rule price may begin a correction by hitting the median line that's the time we will have BTC price correction and then after some time...
