OCTOBER Report: FATE DEFINING MONTH: WATCH for early October
Diupdate
I hope you were entertained in September, because OCTOBER appears to be one of those WTF Months.
The reality is we are back in the face of continued bear, that and if true, will be in for some pain.
However, after late drop, we observe a formation of a CHANNEL and possible A-E formation with a new SUPPORT leg at these prices.
As you can see, in this juncture we are at perfect support price, from a bear trend. And we also at peculiar price juncture of a WAVE 3.
Wave 1 and 2 BTC buyers, are still in the profit and seeing 8k Defense, should not be that eager to sell now. Also, with that volume, we can deduce there was actually in fact a lot of buying happening.
If we do drop, we are heading to 245, Another 15-20% drop would be devastating blow to crypto world.
We finished our Zig-Zag A-E channel, which should follow by some kind of relief rally. It can even turn bullish - if it followed by favorable news.
It is import to recall we are still outside of macro bear channel, so things have changed, and we could be experience a first DIP which can change the whole trend.
The drop for BTC was very obvious for everyone, so positions and orders were set up in advance.
This is going to be one heck of a Month.
Lets see what fractals can reveal to us.
Good luck!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
+F = Positive Fractal: Potential positive event with price increase.
+F = Positive Fractal: Potential positive event with price decrease.
~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.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
The reality is we are back in the face of continued bear, that and if true, will be in for some pain.
However, after late drop, we observe a formation of a CHANNEL and possible A-E formation with a new SUPPORT leg at these prices.
As you can see, in this juncture we are at perfect support price, from a bear trend. And we also at peculiar price juncture of a WAVE 3.
Wave 1 and 2 BTC buyers, are still in the profit and seeing 8k Defense, should not be that eager to sell now. Also, with that volume, we can deduce there was actually in fact a lot of buying happening.
If we do drop, we are heading to 245, Another 15-20% drop would be devastating blow to crypto world.
We finished our Zig-Zag A-E channel, which should follow by some kind of relief rally. It can even turn bullish - if it followed by favorable news.
It is import to recall we are still outside of macro bear channel, so things have changed, and we could be experience a first DIP which can change the whole trend.
The drop for BTC was very obvious for everyone, so positions and orders were set up in advance.
This is going to be one heck of a Month.
Lets see what fractals can reveal to us.
Good luck!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
+F = Positive Fractal: Potential positive event with price increase.
+F = Positive Fractal: Potential positive event with price decrease.
~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.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
Catatan
2:days ahead of schedule...Catatan
WOW, WOWO JUST A DAY OFF!! GRATS EVERYONE!! GO CHINA!!!
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
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