erolsuleyman

erolsuleyman

Using various forms of Fibonacci and historic data to get an idea of market tops - Fibs, Fib Circles, Fib Timelines and Pitchforks. See how well the Fib timelines have marked significant points in the market, the next being end of April. 85-86K possible next market top?

erolsuleyman

This shows BTC from 2014 Pictfork, a trend base fib retracement from 2012 low to 2013 high to 2015 low. A Gann Fan from 2015 low to 2018 high. A time based Fib from 2019 low to 2020 high, next resitance at 29 Nov. Notice how the covid dump respected the outer pitchfork perfectly. Expecting a big correction soon though I still think a push up to 20.5k at 0.78...

erolsuleyman

My bullish case is a move down to the .382 fib and the historical trend line then a reversal end of the year. My bearish case would be if we break the .382 and the .5 fibs we may move down to retest the 200 week MA. If the 200WMA is broken we could expect sub 3k prices (note bitcoin has never broken the 200 week MA). I also think that if the price continues to...

erolsuleyman

I think we are forming a flag pattern and that we are in an ABC correction. Once completed we will work our way down to the 300 Weekly MA that I'm expecting to come in at $2500 in May. Appreciate any feedback, thanks! PS Check out Murad Mahmudov on twitter for further explanation of the 300W MA @MustStopMurad

erolsuleyman

Blue Fib timeline creates resistance where we swing down. Dotted green vertical lines are half way between our main blue fib lines and indicate a swing up. This pattern has been spot on since the bear market began, if this pattern continues we will see a downturn on the 26th August till the 21st November when I will be looking to buy again at the 5k range though...

erolsuleyman

A prediction of another downturn end of August

erolsuleyman

New to analytics, feed back welcome!