Zvn’s Charts
https://twitter.com/opchecksig/status/1143390015843643394
Sorry for the spam…
This is *not* a recommendation to long here. This is not a recommendation at all.
https://twitter.com/opchecksig/status/1143391793544880129
This is *not* a recommendation to long here. This is not a recommendation at all.
https://twitter.com/opchecksig/status/1143391793544880129
Twitter
Zavan
18% is also roughly what it pumped when it broke out of 8k.
Zvn’s Charts
https://twitter.com/opchecksig/status/1143390015843643394
We might just go there
Zvn’s Charts
https://twitter.com/opchecksig/status/1143950764307636226
Twitter
Zavan
Just noticed it matched exactly the 0.618 fib too. Note that, like as I said before, a 200 dollar move is now a mere 1.45% move, which isn't enough to consider resistance/support broken by many standards. (not that anything matters now besides greed)
If this is an especially deep retracement, 7.3k (0.236 and 0.618 confluence) should be expected, that would be a 50% retracement from the top.
https://twitter.com/opchecksig/status/1144303667073507333
https://twitter.com/opchecksig/status/1144303667073507333
Twitter
Zavan
$XBTUSD 1D 1st image: Every major correction of the previous bull market retraced btw 30%~40%. 2nd image: Lots of lines, lots of colors but stay with me. Notice the fib confluence in the 9.8k. Notice how a 30% retracement from top = 9.8k (0.382) & a 40% one…
The main take away: bottom between 8.5k & 9.8k if this is a regular retracement like the ones on the previous bull market, or 7.3k if this is an especially deep retracement.
Divergences, especially on volume, should help you find out the possible bottom.
Divergences, especially on volume, should help you find out the possible bottom.
Note: not the same fibs as the previous 1D charts, this one accounts for just the last leg of the bull run.
https://twitter.com/opchecksig/status/1144346691878969344
https://twitter.com/opchecksig/status/1144346691878969344
Twitter
Zavan
$XBTUSD 4H Possible temporary bounce on the trendline/50%