fractals are drawn below the price bars. note how similar the price structure is between april 13th to present and from march 24th to april 5th.
previously we hit local bottom on march 24th, consolidated sideways for 7days, then pumped. the same thing happened this week. it's logical to assume this final bulltrap will be similar in time and price structure and indicator structure.
im looking for the 4h macd to make a bear div with price to double top or make a higher high.
Comments
secousa
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nailed it
BitcoinGuru
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it will probably go down to 180-195 area then bounce back up to retest 22x before plunging down.
ishstar
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We are gearing up for a move down. Shorts are slowly and steadily increasing.
12h severely overbought.
Nick_C_
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*starts timer*
NiLiV.KumraoTmRg
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Nice and thank you but Bitcoin is growing too sir...