Price is slowly going on a downtrend Expect a slow rally up or a big drop Watching prev high low as a possible stop on sell Trend lines drawn from lowest/highest wick(lighter) and close/open(darker)
As seen prev. the top and bottom amounts grow in the same way(1,8 times bigger) Now theres 2 low amounts(1,2 times bigger) so i bet that or the prev. high
FRACTAL TRADE THAT WORKS IN REVERSE AND IN A MUCH MORE BIGGER VOLUME... THE VOLUME COULD BE THE REASON OF BITCOIN STABILIZING AND BECOMING MORE POPULAR. Either way gold should not reach higher ...
USING BLOCK MIDLES AS ENTRY NOW ENTRY MADE FOR PRICE THAT WONT HIT PREVIUS HIGHLOW(MY STOP) Wait for price to consolidate and brake lower
BRAKE ON LOW JUST NOW EXPECTING A FURTHER DROP NEW ENTRY IS STOPED AT TODAYS PREVIUS LOW
IF MY PREV PREDITION WAS WRONG THEN THIS IS THE SECOND THING THAT MIGHT HAPPEN
NEXT 4WEEKS I PREDICT A SELL CANDLE AND JUST BECAUSE OF THOES 2 BUY CANDLES THAT ARE ON THE RED LINE I PREDICT A LARGER MOVE DOWN(+50%)
SOME RANDOME FRACTAL I FOUND :-D
SO I THINK THIS IS REALY SIMPLE... JO GET WEEKS STARTING LOW THEN EACH HIGHER LOW THEN AS SOON AS ITS BROKEN(THE HIGHER LOWS(YELLOW LINES)) DRAW FIB FOR A SELL POSITION I SUDGEST 30% AS ENTRY AND 0% as exit. if you look at the 1st week you can get a sell trade that goes +430% which is basically 1/13 and then next week even with the 1st trade not retracing back...
SO IF IT DOESNT TRY TO CONSOLIDATE AND JUST WAIST TIME, THEN ITS HIGHLY LIKELY TO GO DOWN, BUT SINCE FRIDAY WAS A WHOLE MESS I DONT REALLY KNOW WHAT TO THINK.
I THINK WE ARE ABOUT TO GO SHORT... The previus pattern beffore tuesdays drop is repeating on Fridays chart and i expect a brake in 5days low then retrasement and then a further push... If not then a deffinetly will brake the high and start climbing Anyhow get a 5min chart and enter on every previus candles close when the price starts to drop
THE TREND WITH OPEN/CLOSE BROKEN AND TREND WITH HIGHS BROKEN===> FURTER UPTREND COUPLE OF TRADES USEING SMALEST HIGHS AS STOPS AND LAST SWINGS THEN MOVING SL TO THE HIGHEST LOW(DARK BLUE)