Upon my calculations, using the below techniques I'm estimating an important impulsive movement, which likely will be UP direction, and should happens on 05.05.2018.
Methods used: -ROC crossing MA. -2 x Fibonacci trend zone. Minimums and maximums appoints both to the same date! -ESCGO by Lazzy Bear indicators. Helps locating price cycles in time. -Fibbonacy Channels. -Simple horizontal support/resistance analysis. -Angled support/resistance analysis. -Structures.
Yet, non of all of these together can be useful if you don't have a plan. Trade your own plan :)
Good luck to everyone !
Th.
Trade attivo
Happily it seems BTC has broken its down channel already. Now I'm very curious what is going to happen on May 5th.
Trade chiuso manualmente
Now with distance I can see the meaning of the 6th of May calculated with Fibb. It was a local maximum. Even in that day I couldn{t believe that was a max. Since then until now price keeps falling. Fibb. calculations are very interesting.
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