renatorez2

renatorez2

According to this analysis, ONLY IF THE RETEST HAPPENS , BTC can go up about 18% vertically.

renatorez2

Result obtained using Fibonacci retracement. BTC cycle every 4 years --> Peaks: November 2013 - December 2017 - December 2022

renatorez2 Updated 

EIP1559 was one of the reasons for the boost in cryptocurrency in the last few days. Since it improved the functioning of the blockchain. At the exact moment, BTC hit the downtrend line (red line). But BTC didn't have the strength to break it. This means that BTC remains within the downtrend gap, but with very important support between 41k to 37.5k dollars. The...

renatorez2

Results obtained using Fibonacci retracement and Fibonacci channel. All lines above the graph value represent lines of resistance, while the lines below the graph indicate support lines.

renatorez2

There are more volatile and less volatile currencies than others. The purpose of this chart is to show the difference in volatility of these currencies compared to BTC. Do not snap the graph to the right or left. It will make you lose the reference point.

renatorez2 Updated 

1. Horizontal resistance and support lines were defined using Fibonacci retracement. 2. It is possible to see that the value of BTC follows within a Gann Box channel. I have marked in yellow the path that BTC has followed so far, and estimated the path that BTC could follow by the end of the year. The reason BTC goes up to 165k$ in the last weeks of December is...

renatorez2 Updated 

1. Horizontal resistance and support lines were defined using Fibonacci retracement . 2. It is possible to see that the value of BTC follows within a Gann Box channel. I have marked in yellow the path that BTC has followed so far, and estimated the path that BTC could follow by the end of the year. The reason BTC goes up to 165k$ in the last weeks of December is...

renatorez2 Updated 

Support and resistance lines determined by Fibonacci retracement . With the implementation of EIP 1559 in just a few hours, the cryptocurrency market in general is expected to rise.

renatorez2

I hope it was clear. Any questions, write in the comments. I estimated +80% for TOTAL until December, but there is a possibility of being more

renatorez2

This chart is the basis of all cryptocurrencies. If this graph goes up, all cryptocurrencies will go up. Same thing if this graph drops. The main difference is that some cryptocurrencies are more or less volatile. Example BTC = little volatile while QNT , SOL, SAND... are considered extremely volatile Resistance and support lines were defined using Fibonacci...

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The SAND chart really follows the Gann Box patterns. Probably in the next few hours it will go into an uptrend due to the effect of EIP1559. The red arrows only indicate a downtrend in the respective direction. Its size (how long the red arrow is) means nothing. Fibonacci retracement is represented by the dotted lines and they serve as both support and resistance.

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The AMP chart really follows the Gann Box patterns. Probably in the next few hours it will go into an uptrend due to the effect of EIP1559. The red arrows only indicate a downtrend in the respective direction. Its size (how long the red arrow is) means nothing. It may touch the Fibonacci retracement (black) lines and grow back. I have marked these possible...

renatorez2

Support and resistance lines determined by Fibonacci retracement. With the implementation of EIP 1559 in just a few hours, the cryptocurrency market in general is expected to rise. Too many supports down from current BTC position and far resistances up.

renatorez2

Results obtained using fork and Fibonacci retracement .

renatorez2

Results obtained using fork and Fibonacci retracement.

renatorez2

1. Analysis from above considers 4-year Bitcoin cycle. This is why BTC is represented in an uptrend. Peaks: November 2013 - December 2017 - December 2022 2. Using Gann Box to use lines of support and resistance and Fibonacci Retracement / Circles. It is possible to see the pattern that the BTC value stays above the circle until a support is reached to make it...

renatorez2

This analysis was explained in my previous post. The black arrow drawn on the graph above represents my forecast for BTC through the end of the year.

renatorez2 Updated 

Analysis above uses only Fibonacci Retracement (at certain points and with different pivot references) and Gann Box 1. Considering that Halving 3 ends in the last weeks of December and therefore bear market takes effect from the first weeks of 2022. 2. Extending the Gann Box from the beginning of the rally in December 2020 to the end of the bitcoin cycle...