renatorez2

renatorez2

In the analysis above, the Fibonacci retracement tool has been aligned with remarkable precision on the BTC/USD chart. The $25.2k mark, corresponding to the 0.236 Fibonacci level, serves as a pivotal point, indicating all subsequent Fibonacci levels. Notably, the 0.382 Fibonacci level at $31.1k not only acted as resistance for several months last year but also...

renatorez2

fib retracament uptrend lines support and resistance

renatorez2

Following the pattern of the last few years, there is a great chance that btc.d will fall to stay within the red area gap. Analyze to be followed for more details

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scenario where TOTAL falls dramatically over the next few days until it resumes the downtrend line from the last bull run.

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same red bottom trendline (with the same slope and period) as a past cycle. Structurally, there is a great similarity.

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interception moving avarage 200 (green) with 500 (red) fibonacci support levels - white dashed line sideways

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current TOTAL situation fibonacci : yellow horizontal lines downtrend broken, retest for the time being uptrend forming with rebounce at 50%.

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technical analysis using fibonacci progression and terinando next resistance level

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This analysis language: bearish trend line confirmed at three distinct points. TOTA indicating the total amount of money in the cryptocurrency market Bonat pressure based on early 2013, marking 2018 pivot and associated with 2021 ATH (November) Currently the main Fibonacci leves are 1.0 and 0.786. They should act as support in the coming months. There is a high...

renatorez2 Updated 

Considering the possibility of an inverted head and shoulders pattern becoming a reality in TOTAL, the following analysis can be made. It's too early to make any definitive statements. The path is laid out, and I will provide future updates to this post if anything similar occurs.

renatorez2 Updated 

Saving the fibonacci channel configuration of TOTAL for future analysis. Currently level 0.786 is supported and value is within the 0.786 - 1.0 fib channel Downside Scenario: There is possibility for TOTAL to sidestep inside the current channel until the blue downtrend line and force a drop to the 0.618 level (around March - April) In case of breakout of the...

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representing only the downtrend line and the fibonacci lines based on the main pivot

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with this analysis I just want to point out the downtrend line that exists in cryptocurrencies. TOTAL ETH-USDT

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fibonacci regression fibonacci projection support levels uptrend line downtrend line

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This analysis consists of evaluating all the money in cryptocurrencies and relating it to the amount of dollars in circulation in the world. This proportion is given by TOTAL divided by MONEY STOCK There are both support and resistance lines with 3 points or more confirming them. It can be said that strong trends emerged from the moment that breakout and...

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Trying to copy patterns and timing... I came up with something like this. Do I believe it will be something like this? YES Do I believe that the consolidation edges (support and resistance) will be respected? NO. But anyway, it already gives me (you) a notion of the next bullmarket I used fibonacci on the bottom to define the next bullmarket target.

renatorez2 Updated 

Using fibonacci supports, BTC/M2 has just broken 1.618. It will most likely test 1.0 fibonacci support this year. In BTC/M2 it is possible to identify two very strong bear market patterns: - Exact double top pattern - Bearish Flag Pattern Both in yellow.

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BTC dominance is indicating a rise to approx 55%. This means that BTC will probably lateralize and fall in the coming weeks while TOTAL2 plummets much further. Both BTC and TOTAL2 are being approached with /M2 to get a clearer sense of concrete values and ignoring any kind of inflation This scenario is based on past bear market reactions. <--- This is simply...