AjnoudaSikret

AjnoudaSikret

LTC is in very similar bottom fractal in price action as well as in RSI. If the fractal is to be repeated, we are expecting one more down wave and consolidation with higher lows after that, before the next bull market.

AjnoudaSikret

I excluded a lot of details on this BTC chart to get back to basics and drew only long-term trendline. There are a lot of other signs of BTC bottoming or very close: 1. BULL DIV RSI 2. BULL DIVS MACD 3. FEAR INDEX - EXTREME FEAR LAST WEEK 4. WHOLE MARKET UBER BEARSIH 5. PITCHFORK 2 EXTENSION SUPPORT 6. BTC CREATED A HIGHER HIGH ON A SMALLER TIME FRAMES. 7. DAILY...

AjnoudaSikret

Target 50% retrace of recent top, Risk Reward 1:12, enter the trade after the double bottom is confirmed right after break of the $0.513.

AjnoudaSikret Updated 

Sentiment exactly the same as in 2018 when BTC dropped from $6000 to $3000. Everyone was expecting lower prices, sentiment was very negative, and the fear factor was at extreme fear. Same as this year. That is exactly what institutions want you to think, and force you to sell so they can buy BTC at lower prices. These conditions are perfect for a bottom at 78,6...

AjnoudaSikret

A lot of negative sentiment on the market right now, and with everyone expecting BTC to drop to 12.000-10.000 area, there is a high probability that BTC creates even temporary bottom. Fear index currently at 23 (extreme fear). Also BTC is near the cost of production, and historically BTC always bottomed above the value of production. As you can see BTC price...

AjnoudaSikret

Everything is written on a chart. Look left for support. Still intact. The channel was broken before in the same manner, but the trend was intact. Fear induced. Time to rise!

AjnoudaSikret

If you check my previous BTC ideas, you will see this fractal repeating during this whole bull run a couple of times. Details are written in the chart. To sum it up: - Hidden Bullish Divergence on Monthly and Weekly Timeframes - Higher low in the making (Stil technically a bull trend) - They somehow managed to produce massive fear near support levels again -...

AjnoudaSikret Updated 

BTC finally making a setup with good R:R. Market sentiment bearish, massive fear, which fits my bias for going long here. a bit more conservative entry will be on the support.

AjnoudaSikret

BTC trying to find support here on the confluence of horizontal level and long-term bull trendline, on massive fear. It's interesting how they produce so much fear near support levels. The bigger picture: Trend still bull, BTC Still the following fractal that pointing to the much higher prices.

AjnoudaSikret

Following fractals, there is still one more move to the upside, but considering bearish pressure on this scam wick, a new rally attempt could fail easily.

AjnoudaSikret Updated 

Idea is that bulls could slow down at this level. This kind of sharp hit in levels almost always ends up with counter-trend rallies. Shiba went too high, too fast, without a decent pullback. Just sayin' ...

AjnoudaSikret

It's very early to confirm that fractal is repeating, but for now, the first two stages are very similar. Will update it along the way.

AjnoudaSikret

It's funny how many trading ranges project the same target of $3 for XRP using the Feigenbaum constant of 4.669.

AjnoudaSikret Updated 

Hidden bullish div on RSI and MACD showing sellers exhaustion. The same fractal is here again now on the hourly chart signaling continuation of a bull trend. The target would be .88 retracement which matches perfectly with AB=CD trend extension.

AjnoudaSikret

BTC Finished 4 parts of this fractal and is about to enter the 5th stage, which will be one to remember if traders behave in a similar manner. Considering the fear index (40), BTC is almost in a stage of extreme fear, and the price is above 10000. That means that people are afraid that the price will drop a lot lower. 9 / 10 times BTC does exactly the opposite of...

AjnoudaSikret

This is the place where I reload RINGX again. It retraced 88% from the initial move and filled the daily GAP. Great location for trade. Minimum targets are 38.2 and 50% of a previous move.

AjnoudaSikret

I saw this types of distribution already, on the first glance it looks like a ascending triangle, but when you look closely you can see divergence building on the RSI. If you are about to enter short here, you gotta know that sentiment is still pretty bullish, but on the other side, that gives me more confidence in shorting PNT right now. ETH 2.0 event just acme...

AjnoudaSikret Updated 

LONG TERM HORIZONTAL RESISTANCE .234 FIB RSI OVERSOLD RSI BEAR DIV SHORT TERM, BUT COULD POTENTIALLY UNWIND BIGGER M TOP FORMATION INSIDE BAR CANDLE ON A DAILY TF ETH 2.0 FUNDAMENTAL EVENT HAPPENED ON AUG 4TH. WILL THIS BE ONE OF THOSE "SELL THE NEWS TOP"? FEAR AND GREED INDEX FOR CRYPTO 79 - EXTREME GREED. NOT A GOOD SIGN TO SEE AT RESISTANCE. IF YOU FIND MY...