For those that followed the original idea, the look of the path seems correct, but the unexpected super-parabola was not. Even now, this chart looks wrong when zoomed out, due to the excessive price action at vertical levels.
This next leg will probably be more than your average mean reversion, which is the only reason why I would ever follow up such a...
Bank NIFTY trending up from the bottom. Check Trend lines for nearest resistence. Support if broken will continue to move down.
Important Resistences are 37500 & 37800.
Important Supports are 36900 & 36600.
We also note that Total Cap made a violent movement in the buying area, now it has been retested to delude people that the market is going down a strong descent, but the exact opposite is the best investment opportunity at the present time. I advise you to buy Bitcoin and Ethereum
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🟢 #coinmarketcap 🔚total cap
💰 zone strong for hodl...
*fractal 5ths laid within the square
*setup invalid if a new lower low comes in
*if we're long here it will ilkely smash through all of this much higher.
UDTRY had made a great jump in the past months, but if aesthetics are to be believe, the power of symmetry lies in a slight pull back before the end of the year. That's mainly due to being in the north edge of a long running logarithmic channel. If this is to be broken, symmetry would demand new balance points which would provide stability to the price above 14....
As long as price remains in the 0.618 (bolded) quarter-square arc I am heavily bullish. The most potential smooth upside is relevant until January 24th. Buy far from strike, and limit entry risk through interpretation of this analysis on a daily chart.
as in the projection, 46 might be the next stop, producing Higher Low, before going up.
as this might be counter trend, i would not suggest to short it.
trade responsibility.
have a good day.
since it broke down the bull flag, expected to be bearish. Price target will go to around 0.05113.
i will not recommend to short now. wait for good entry
I'm stuck in another coin which has an aggressive sellling pressure right now but hope Dash wont pump without me, wait for me DASH :((
First target $1000. then to the moon. Do your own reasearch about DASH.
BTC has 4 chanles through which it moves. those chanles can explain BTC behavior better.
if we add support/resistance line to chart We can have a better view of price movements
On the other hand 48k support cluster with 0.5 fibo and base on gann square and ichi time analyze, On November 1, we will see a big spike in BTC price
BINANCE:BTCUSDT
Analysis Process Notes:
1. Scaled chart to 989.585504. Looked nice on the weekly
2. Used Price Angle & Gann Star By Se7s - V2 to calculate
the initial range. Spacing set to 100 000.
3. Drew a Gann Square FIXED. From 0 to $400,185.48
4. Drew 2 quarter Gann squares on top of the initial square
5. Drew 4 Gann squares on top of the 2 quarter Gann squares
6. Stretched...
-monthly swing high - low
-my squaring method
-fractal 5ths
-trend to show a hopeful trajectory here...this is a backtest and im not that optimistic that it holds over time, but i am quite confident we're about to the a true ALT market
