Hello!, It's been a while since I left my chart because it was clear the winter that was coming and I like to take advantage of only bullish waves as you can see. If you see our last chart we hit the Long 100% with a TP of 26% in two months. Our Elliot A-B was accurate but in the B-C we weren't even close, because I think that somehow we were betrayed by that...
Continuing with our analysis in 1W, we see that in this wave we have already bottomed according to the RSI 14. It can be seen that after the MA10 MA20 cross of May 2021, there was a lateralization within the expected ranges, the last fall breaks with that pattern , that is a sign that the breakout will shoot the price up in the short and medium term.
After the MA10 gold cross over MA20, we see the predicted Elliot pattern repeat, which you can see in my previous posts. To make this pattern easier to understand I add MACD and FIBO circles. If we consider a point 0 in the average of both, today we would be in the upper part of the golden ratio 1.618 IF the pattern repeats we will have an advance during the...
#BNBBTC 29.07.2021 1D Look at the #Binance #Bitcoin #BNBBTC pair since its #fractal shows clear signs of a possible rise once #BTC begins to #lateralize, #BNB begins to follow it with a certain delay, but taking the beginning of a #bullish channel perhaps not exponential but consolidation and a return proportional to risk. I am not an expert nor do I give...
#BTCUSDT 31.05.2021 1W Since April 14, when we closed the long position (63k USD), the BTCUSDT pair has suffered a -50% drop in 45 days. Although there are multiple reasons to technically understand the decline, it is also true that this is a young market and with certain participants that move huge volumes, called whales and krakens, which are unthinkable for a...
Consistent with our weekly chart from two weeks ago, it can be seen that we hit the lateralization ranges after the 50% drop. By zooming in on the daily chart, we can see some trends that allow us to pull some lines. Red: Support to keep the bear season towards 20k. Orange: Support at 30k to maintain lateralization for a few weeks or months (until...
With you the El Barto fractal, today we are on the way to the slingshot sector, it is a very good idea to buy satoshis. El Barto. Ay Caramba!
#BTCUSDT 28.04.2021 In relation to the previous forecast, you can see a price's trend to maintain a certain lateral range. A decline in RSI 14 is also evident but this index, above 55, is bullrun. We are looking for the next cross of MA10 MA20 in weekly. A zone of accumulation is possible during the following weeks and perhaps months, lateralizing in a range...
Today the MA10 crossed with MA20, this is a clear sign of a decline in price. If we take the price and crossover relationship, the previous one was on 21.02.2021, the MA10 was 15 days above the MA20. If you look at the RSI, it is at the same level as on that occasion, and while we are above 45 we are still bullruning. Bitcoin never does what you expect it to do,...
#fractal #FIBO in # 4hrs, meanwhile, do not break the blue line we continue in #bullmarket
A characteristic of this market is its high volatility and today's correction is quite normal (and necessary) in this bullish scenario. Since the last crossing of MA10 over MA20 there were 35 days to see a sign of a stop on the rise. There is a pattern in today's decline as it occurred 18 days after this crossing. RSI at 64 still indicates strength in buy volumes.
Following up on my previous publication, a correct forecast is evident with these fractals. The magnitude of the previous rally was a bit higher than I expected, but in essence, the EMA 14 curve follows the curvature forecast. Due to this I update my arrival forecast to 28k as a critical point at the end of March 2021. RSI also follows the pattern of normal times,...
The last big cross of the bitcoin price with the weekly EMA14 was in April 2019, the ascending curve that it has taken during the last weeks and the distance of the price to the upside, reminds me of that pattern and I highlight it in green, this because in other crosses between the two dates, there was not this distance as can be seen in the yellow signs. If so,...
Reviewing this week's breakout, I detect the possibility of repeating the next fractal. What do you think? It is not an investment suggestion.
"The Smiling Lizard Punk" Fractal recipe: 1W EMA 21 (+Cross) RSI 14 Should I stay or Should I go!
Fractal Recipe: 1W EMA 21 (+Cross) RSI 14 To feel in good mood :D
Following the development of my third idea based on the analysis of the 45-day fractal pattern, you can see a coincidence in the previous 5 sections. There is also a certain pattern in the 11 days that serves as a transfer to the next 45-days block. Today we are in a situation similar to June 9 (2) to mention the nearest, with current support of 9k, in the 45...
With imagination and intuition more than knowledge of trade, i have worked this chart to leave testimony of my third projection. As you can see, at 45 days there is a certain daily pattern in terms of an input range and output range (ABCD), it usually starts with an exponential bull run and then lateralizes to find a support line. At the moment we are entering...