BitcoinPanjang
January '20 Report: Wow 1 year done of these reports, crazy!
I hope these reports help you guys, if they do, please hit that like :)
I think the crypto market is desperate to get out of this descending channel.
The fight is real, and you can tell that bears are getting aggressive at specific price levels, that they find as key levels they think they can punish bulls at.
Can't blame the bears, you can blame governments, central banking, central tech mega corps. The people don;t want centralization of power, so now they are fighting crypto on every side possible. However, we all know, eventually, truth and reality wins.
Hopefully, in 2020, crypto investors will be a lot wiser, and more prone to solid price investing rather than trying to be lambo owners in 3 months!
Watch for these fib prices and trade accordingly. So far fib prices held the price in place for the bear drops and price action, more so than even trend lines, as we saw in December'19.
____________Reflection ON DEC'19 action
As you can see from DEC'19, we did not have enough momentum to push to the upper channel. Instead, we just hit local channel, as we see in Jan'20 .
After the failed, rally, you can see that we dropped, right into the expected FIB price point, with strong price movement.
This tells me, i some big players are defending 6.5k mark on BTC market, or Bears are covering in troves. Either way, it looks like we are still in the micro channel. Watch the breakout, it could be epic!!
____________
Good Luck Everyone! Happy New Year, lets make Crypto Great AGAIN!!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you,
Please, follow, help me get to a 1000 followers :)
I think the crypto market is desperate to get out of this descending channel.
The fight is real, and you can tell that bears are getting aggressive at specific price levels, that they find as key levels they think they can punish bulls at.
Can't blame the bears, you can blame governments, central banking, central tech mega corps. The people don;t want centralization of power, so now they are fighting crypto on every side possible. However, we all know, eventually, truth and reality wins.
Hopefully, in 2020, crypto investors will be a lot wiser, and more prone to solid price investing rather than trying to be lambo owners in 3 months!
Watch for these fib prices and trade accordingly. So far fib prices held the price in place for the bear drops and price action, more so than even trend lines, as we saw in December'19.
____________Reflection ON DEC'19 action
As you can see from DEC'19, we did not have enough momentum to push to the upper channel. Instead, we just hit local channel, as we see in Jan'20 .
After the failed, rally, you can see that we dropped, right into the expected FIB price point, with strong price movement.
This tells me, i some big players are defending 6.5k mark on BTC market, or Bears are covering in troves. Either way, it looks like we are still in the micro channel. Watch the breakout, it could be epic!!
____________
Good Luck Everyone! Happy New Year, lets make Crypto Great AGAIN!!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you,
Please, follow, help me get to a 1000 followers :)
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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