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

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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

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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 !!

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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.

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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!!


Ghi chú
ảnh chụp nhanh
Doublebottom in 30 m chart,if BTC break LONG after bullback,
could also stay longer in the range of 42-46k
Giao dịch đang hoạt động
Ghi chú
ảnh chụp nhanh
Đóng lệnh: dừng lỗ
Ghi chú
ảnh chụp nhanh
I expect a bounce from the 1D MA200 region .. But watch out, bears are in control
Ghi chú
nasty move,IMO we bounce from D MA300 and 1,618 support.went much faster than expected, but I call it
Ghi chú
BTC Crypto Hype III - The top is set - 618 play !!


press play ... 618 again

LONG after the first LTF retracement
Ghi chú
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
Ghi chú
BTC-Welcome to a boring, tricky, sideway market phase !!

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