cryptorift

cryptorift

+Fib BB Bands +ATH->11,500 FIB retrace +Identified horizontal Fib BB compression +Identified previous pattern and compare +Set bull target to 0.786 Fib level +Cup/mini-handle Acknowledged +Moon Phase Acknowledged (see previous post) +Fib Gann Fan Acknowledged (see previous post) Short term bull possible test ATH. Not advice. Just Dot Connecting.

cryptorift Updated 

Just for fun guys. Just for fun. Not advice, guidance or any of the like. This is taking into account moon cycles, the eclipse on Jan 31, and dualing fib fans that are estimated to follow a pattern. The 1-0.75 fib channel in the fan (blue). Sorry for the overlays and colors. Cheers!

cryptorift

Comments Above. Just a viewpoint on a current fork in the road. The 50 day has supported BTC well in the past. With the latest touch, we need to hold and close above, or risk testing 100 day MA. Previous 50 day MA touches has resulted in reversals. Not financial advice.

cryptorift Updated 

After completing a cycle and plotting through Gann Fann movements we can extend the last execution at the same levels to arrive at potential new levels given that cycles repeat. This can be performed on two separate scales. 1) We replicate the last Wave pattern only (Yellow pattern). 2) We replace the last wave pattern along a new Gann Fann draw (Green...

cryptorift

#BTC Correction## - Break of parabolic support line started on December 1s. - Strong support demonstrated at $13.5K - Redraw Gann Fann support. 1/1 projects around 23-25K by end of year. - Watch Time fractal long term support line to act as support once BTC -10.44% rises above. - Retest of 17,800 is crucial.

cryptorift Updated 

Confluence of technical research indicates push to 14K by Feb 2018. Using arc angles at the same degree, through the same time cycle, we see current channel formed by short term run provides momentum to take BTC to identified levels. Also referencing/validating Clif High WebBot prediction.

cryptorift Updated 

There seems to be a repeating pattern with BTC in a "correction" where the retrace to the lower support line carried a significant uptrend arc with a timeframe of approx 6-7 days. Given the movements of the past 24 hours, it would seem we are repeating that cycle, and if so, then 12/15 we can expect 20K. Not advice. Just an opinion.

cryptorift Updated 

The Sep 15 bottom was a change is the momentum upward in terms of ration. Created a pitch fan connecting 9/15 with the recent high. The channel has held, and date lines are indicated to give an idea of potential high and low levels based on the fan geometry.

cryptorift Updated 

NEO has been suppressed for a long time, establishing a long term price floor (green horizontal line) @ approx 28-29 USD. Bounce in the last 24 confirms long term channel uptrend support as well at horizontal price stability at 28-30 USD. With the lack of news associated with China, NEO is waiting for it's breakout. This is a long play.

cryptorift

Time cycles are important, at least for a general idea of momentum changes. Currently in day 16. Due to parabolic growth, the cycle should decrease which each subsequent iteration. Consider cycle pressure to be consistent with external market news. If all held constant, consider top level trend to collapse in day 45-55.

cryptorift Updated 

6M channel performance. Min. $2570 @20170707 for +3.2%. This channel is holding with slip (as of today). Returning to above mean potential break out to mid channel performance.

cryptorift

Obeying traditions up to recently. Retrace brings to levels of prior support.

cryptorift

Pivot point from $49.xx uptrend holding through fan, while breakout above downtrend fan is gaining positive movement.

cryptorift Updated 

Make that a 7 pt channel. Nice save. Confirmed rejection from the downward fan.

cryptorift

Either way at this point. We're divergent from the mean. If we can break back into channel, possible reversal. Watch volume.