BTC 2017/18 Fractal - We'll be waiting longer for new ATH !!

已更新
Hello trader,
good mood and profitable deals!


BTC 2017/18 FRACTAL VS ABC CORRECTION !!!


If you're new in the game,and you are interested in my plan, check out my previous analysis ( link below ) :

BTC fractal analysis! bigger correction is comming ?
Altcoin session is comming !!
BTC Crypto Hype - MA fight !!
BTC Crypto Hype II - Fractal play !!
BTC Crypto Hype III - The top is set -618 play !!


If we look at the move from the top, so far we have completed a clear 3-3-5 1to1 ABC correction.
But believe that after a few days of recovery we will start the next downwart wave. But I will judge this when the time comes !!

IMO the price is supported from the strong Fib Cluster. the 0.618 of the last 5 upward waves, 1 to 1 abc extension , -0.236 and 1D ema 200.
Bullish divergences are also emerging on 4h MACD , RSI and AO

快照

This does not mean, however, that the price cannot fall any further, it only slows down. If we have not yet found the bottom. I expect the next upward movement at the latest at 1D MA200. If this happens, the fractal from my last post would also be exact play.

I don't want catch falling knives, so I'm waiting for a reversal pattern in 30 min -1h chart. Until I enter the next LONG !!



Now to the 2017718 fractal:

Amazing how simular the movements are, algoritmically, and temporally. Here, too, the price had drawn a clear 1to1 abc , I can still remember how quickly everyone became bullish again. But the bears defended the 0.382 and pushed the price down to new lows, the 0.618 of the 1st wave!

For a bearish perspective, no 1D candle should close over the Bill Williams 3 lines, I'll show them in one of the posts below.

A break of the 0.382 retracement would put me in a neutral position. If there is a sustained break of the 0.618, I will end my attitude to bullish !!

BTC dominantz is also at the same levels as it was at the end of the 2017 rally !!

快照

One more sign of the old session that I've been talking about for so long .



One more thing is that Elon Musk's institutional cap will be removed. It will certainly weaken BTC if an SPX company stops investing.

快照



alternative.me/crypto/fear-and-greed-index/

BTC sentiment on 27,fear..Sentiment chart also shows me that we haven't reached the bottom yet !!



I would like to mention that all I post are just options and my own opinion !
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
Discipline is the key to success !
Trade setups, no opinions !

Trading psychology - The key to success !!




Unfortunately, my english is not so good and I work with google translate, but if you have any questions I will be happy to answer them .

My followers have been making a big ride with me since I posted.
One of the few who called this big correction at the beginning of April .
I am a private person and am available for questions almost 20 hours a day, I would also be very happy to TV tokens :)

If you like my posts smash the like button, comment or follow me.

Thanks for reading my ideas,
Trade save!!


注释
快照
Doublebottom in 30 m chart,if BTC break LONG after bullback,
could also stay longer in the range of 42-46k
交易开始
注释
快照
交易结束:到达止损
注释
快照
I expect a bounce from the 1D MA200 region .. But watch out, bears are in control
注释
nasty move,IMO we bounce from D MA300 and 1,618 support.went much faster than expected, but I call it
注释
BTC Crypto Hype III - The top is set - 618 play !!


press play ... 618 again

LONG after the first LTF retracement
注释
I closed my LONG, fast 10% .. hard to say how it will continue, I did not expect this strong pressure.It went in the right direction, but fractal failed . So very unlikely that we will immediately rise again. What is important is that 30k holds to calm the market down again
注释
BTC-Welcome to a boring, tricky, sideway market phase !!

NEW TA
BTCUSDBTCUSDTChart PatternsCryptocurrencyDivergenceFibonacci RetracementlongshortswitchrallyTrend AnalysisWave AnalysisXBTUSD

更多:

相关出版物

免责声明