Pumping all the way during crash ! Target on chart !
ETH may loose a bit on breaking down the 0.5 Fib and going to the 1.0 one
I took the time to review every crash avaliable on TD with bitstamp exchange, since march 2015 on 4H, with the same methodology on each one: Apply the circle fib on all extension of crash with the 1.618 level; Apply standard Fibonacci to read the rebound; Check position of inner 0.236 fib circle in relation to the center of the crash; Check if crash is...
I have zoomed out several times trying to figure out BTCUSD market, after trying to find answers on the past I finally decided to see the very BIG picture. So the first thing I spotted was a possible very BIG 5 waves formation and we are still beginning wave 4 with more 2 crashes to go in 2018 to have a complete ABCDE correction and finally start the all might...
With very few alts performing better them BTCUSD +10% is not that bad. Very tricky sideway for a long time, could eventually break up here.
Very very trick one, but found some harmonic for a bullish view, targets on Fibo levels on chart.
This is very much experimental analysis, have put very into it, trade is already in. I'm experimenting with Fibonacci Circles applied with a similar technique I am already using for classical Fibonacci and sometimes it picks very much interesting points. BCH is moving relatively wide swings with huge gains which makes it very good for swing trading / scalping....
LTCBTC looks only suitable for analysis on the daily timeframe. It just break out and paused at 0.5 Fibo, still not clear it can go directly to the 0.786 Fibo or take some 44 days for it.
BTC, 4hr chart, using fibonacci circles, and trend-based fib extentions. Looks like we have a likely chance to close the 4hr candle above the .5 TBF, which should help us gain support as we used the same line as resistance 10 days ago. Should this happen, I see BTC pushing up to $9900, and then correcting slightly back to the .5 TBF, until we get to the 4.236...
It appears that since we weren't able to break the top line of the downward channel, BTC is going to continue to drop, looking like $7200 conservatively, or, with the MACD reversal potentially about to happen, and the BBands tightening up, we could see the quick drop all the way to the previous bottom dip/support. Get ready to buy in the next couple of days b o i s