Long

As they say, Go Big or Go Home (Road to 21k)

Aggiornato

As you may have guessed, I always go big...

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We're exiting the first green triangle now, we've already had our throwback, the escape should be explosive. Sorry, the one in the chart above is angled down because of all the FUD earlier...

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and we have lift off

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if you're following the order books in real time and see a bunch of red suddenly show up, just remember that on the way up our philosophy is going to be what doesn't kill bitcoin only makes it stronger. the larger orders will simply disappear once the pressure moving up is evident.
While there will be volatility, I don't expect more than 5% dips at any given time, which will be excruciating withinside the green triangles, so something to watch out for. The lack of any big drops during this initial push up will be the driver that creates momentum as more and more hesitant people board the crazy train.

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I'll point you to the fractal patterns forming on the 4hr chart, and say that we might have a slight dip for a few candles before exiting the triangle

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That dip to 7600 is going to happen any minute now. After that it'll be a slow incline up until the point of breakout. I do not think that price will go below 7600.

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that 7600 might never come, I'll explain after the jump right now

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Fractals can be very hard to decipher especially if they are complex. Inside of each of our fractal Big W Patterns, there are fractals of the 3 Peaks and Domed House Pattern OR the reverse - Domed House and 3 Peaks Pattern replaying over and over again.

See inside the red circles, how the sequence after the second W goes from low to high to low then jump for the yellow triangle? I think for the green triangle that sequence might be reversed, going from high to low to high then jump. One of these sequences ending with a Domed House and the other ending with the 3 Peaks. From the way the fractals have been playing out, I think the sequence for this particular pattern depends on whether the Big W that it is a part of created an Eve bottom first or an Adam bottom first. I also think that the way those bottoms were created and relatedly the sequence of the domed house and 3 peaks, will determine the height to which we will jump during the breakout. Now as fractals can be very hard to track and one never really knows where one fractal starts and another ends, we're just going to have to see how this plays out. All we know for sure is that there will be a breakout (hopefully to the upside), and that a drop to 7600 range might or might not come prior to that.

If that last box like dip does not need to be created in order to finish the pattern, then the break out of the triangle is imminent.

Last thing, these jumps up are going to be few and far in between, I wouldn't want to miss it.

Trade attivo

so I'd irresponsible if I didn't add that a lot of people are saying this is a bull trap. I don't think so and I have long positions open. We'll see how this shakes out...

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we've exited the triangle. breakout, were it to come, would be any minute now.

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as a bit of pattern confirmation, once the current price goes above the previous peak, the Head and Shoulders formation that everyone's been talking about would no longer be possible.

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Inverse H&S has just completed from the exit out of the triangle:

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if prices come down below 7950 long positions should be exited immediately, as the head and shoulders has completed and we will drop like a rock. The inverse version has failed.

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if prices bounce off of 7950, then 8100 is the new exit point out of the triangle

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should price bounce off of 7950, then the inverse h and shoulders is still in play, as the tip of the head would be below the tip of the right shoulder

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this is probably where we are on the fractal, given what the indicators are showing

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note that the level and zones indicator is showing buy, just at 7950

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if it skips this drop like i thought earlier, i would consider us hella bullish

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every indication is bullish, whether we drop temporarily is still up in the air, until the inverse h and s definitively completes

Trade attivo

I'm riding out this drop, if it occurs, because the push up, I feel, will be swift and sudden.

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there will be a push up in the next 5-10minutes, I don't know if it'll end up being the big one.

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we officially have a bullish crossover on the 4hr MACD. And StochRSI is about to max out at one.

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Levels and Zones indicates 0 resistance, there is no ceiling

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I know that I keep coming off as the cray bullish guy, but we might have almost no corrections until we reach the summit... here's a theoretical outline were my most bullish assumptions to hold true:

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it has begun, this is going to be the big push

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the only tines that the Levels and Zones indicator had no top zone for BTC are pictured in the purple boxes... God, I'm so f'in good!!!

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exchanges are going to start going offline due to the traffic, I would get in as soon as you can.

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if I'm right, this is the lowest price we'll see for a while

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I'll just put here for future reference, that's $8250

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fractals have just finished their replay of the crash, now they are going to preview the recovery

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the triangle just keeps getting bigger and we keep trying to break out of it... attempt number, i lost count:

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Sorry that this isn't turning out as dramatic as I thought it was going to be. I see no indications though that anything in my assessment should be changed. More so, it would seem the bears are starting to get exhausted. Maybe is much of an effort to claw up was needed to counterbalance the enormity of crash. My first target still remains 10k, and I am putting it all on the line with the prediction that we will more or less blow right past it to 12k.

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we're getting hot

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you know a realization that I keep coming back to is that nothing feels parabolic when you're in it. Following the movement moment by moment, only when you look away for a few days and the thing's gone up by 20% do your eyebrows raise up. If you see the two cicled areas in red, I things they are the most apt in terms of a comparison to where we are now, using an overlay of what happens after the circle, you have this (which if you ask me, the action over the last two days is basically following):

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The only real pausing point between now at around 11k will be around the 9.5 mark, I think. I put the pausing point there because it is an analogous point in the chart for the Big W breakout point. As I'm sure you've realized by now I believe that we are in that breakout point for a smaller fractal. The 9.5k mark would be the breakout point for the mid-fractal. 16k would be the breakout point for the largest of the fractals, which is still a question mark as the left arm of the Big W is only partially completed (it will become clearer with the new charts). I'm going to put up a series of charts with the 3 Big W patterns that I see. And what I believe will be the consequence of each completion with an overlay while we wait for old man bitcoin here to do it's thing. A smaller 4th completed already with the breakout two weeks ago.

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Above is the smallest fractal with all the components that make up the Big W pattern. Usually the Confirmation Line for the Big W would be placed at the top of the middle peak (D). However, I believe that our fractals are completing at a downsloping angle. So keep in mind that's what a confirmed Big W looks like when viewing the charts I'll be putting up shortly.

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I'm going to transition my comments to Fractals Fractals Everywhere Bitcoin Edition (Part 1). See you there!

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It's going to be a good week:

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As the chart shows, a bigger version of the triangle that we escaped from is possible. It would give me the alts time to do their thing. The sync step will give way to what happened last year. Bitcoin, then alts, Bitcoin, then alts. Not sure if this alternation will happen before BTC makes a new high.

Rainman2

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