We expect bottom to set-in within 72 hours, and for the phase 6 to complete for a new heading and direction in bitcoin, Target $10k
Want the exact trade parameters, shoot me a DM.
Phase 1
Swing low, followed by an initial peak.
(swing low) (initial Peak),
Gains: F1 16.5%
F2 46.27
Ratio 2.8
Duration: F1 52hours
F2 632
Ratio 12.15
Phase 2
Initial peak to Higher Low, (HL)
Once again labeled on the chart.
Gains: F1 -15.6
F2 -45
Ratio 2.8
Duration: F1 64hours
F2 504
Ratio 7.87
Phase 3
C for channel, 1 for being the first channel in this fractal, (C1)
in this case C1 formed a rising wedge, that peaked at 61.8% fib labeled (LH), Hence, LH,C1.
Gains: F1 10.4%
F2 22
Ratio 2.11
Duration: F1 70hours
F2 504
Ratio 7.2
Phase 4
The Knife
A pullback from LH, C1, to form Higher Low 2, (HL2) at 23.6% fib level.
Gains: F1 -9%
F2 -20
Ratio 2.1
Duration: F1 11hours
F2 108
Ratio 9.18
Phase 5
Channel 2, the rise from HL2
In the form of a secondary Channel, forming a new lower high to the 50% fib level. (LH,C2)
Gains: F1 6%
F2 10.8%
Ratio 1.8
Duration: F1 48hours
F2 351
Ratio
Phase 6
Final Shakeout, another sudden drop in the form of a smaller knife.
From LH,C2, down to fibo 38.2%
And then finally the squeeze. A big move that took Bitcoin price up to 1.618% Fibo, which also resulted in the entire market cap rallying for 30+ days.
Gains: F1 -3.37%
F2 EXPECTED, -8.4 -7.9 or -7.3 (most likely due to phase 4 correlation
Duration: F1 6hours
F2 EXPECTED 55, 53, 72.91
Want the exact trade parameters, shoot me a DM.
Phase 1
Swing low, followed by an initial peak.
(swing low) (initial Peak),
Gains: F1 16.5%
F2 46.27
Ratio 2.8
Duration: F1 52hours
F2 632
Ratio 12.15
Phase 2
Initial peak to Higher Low, (HL)
Once again labeled on the chart.
Gains: F1 -15.6
F2 -45
Ratio 2.8
Duration: F1 64hours
F2 504
Ratio 7.87
Phase 3
C for channel, 1 for being the first channel in this fractal, (C1)
in this case C1 formed a rising wedge, that peaked at 61.8% fib labeled (LH), Hence, LH,C1.
Gains: F1 10.4%
F2 22
Ratio 2.11
Duration: F1 70hours
F2 504
Ratio 7.2
Phase 4
The Knife
A pullback from LH, C1, to form Higher Low 2, (HL2) at 23.6% fib level.
Gains: F1 -9%
F2 -20
Ratio 2.1
Duration: F1 11hours
F2 108
Ratio 9.18
Phase 5
Channel 2, the rise from HL2
In the form of a secondary Channel, forming a new lower high to the 50% fib level. (LH,C2)
Gains: F1 6%
F2 10.8%
Ratio 1.8
Duration: F1 48hours
F2 351
Ratio
Phase 6
Final Shakeout, another sudden drop in the form of a smaller knife.
From LH,C2, down to fibo 38.2%
And then finally the squeeze. A big move that took Bitcoin price up to 1.618% Fibo, which also resulted in the entire market cap rallying for 30+ days.
Gains: F1 -3.37%
F2 EXPECTED, -8.4 -7.9 or -7.3 (most likely due to phase 4 correlation
Duration: F1 6hours
F2 EXPECTED 55, 53, 72.91