hockeyfan1974
Short

Fib retracement fractal - This is some crazy mind blowing stuff!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Check this out. We appear to be following the exact same fib retracement fractal that we took from $20K to $6K. It's actually kind of crazy.

After the failed breakout at $11,700K, we have bounced just nearly off the exact same fib levels as the dec 2017 rally and retracement through Feb 6.

Pretty damn crazy if you ask me. If we complete the fib retracement fractal back into the $6K range, my mind would be seriously, actually blown. I don't know if we'll get that low given the long term trend support I present in my other TV ideas, but I guess anything is possible.
Comment: So far everything is plying exactly according to plan. We'll see if we break the $6K rally .786 fib where we currently had a minor bounce but I believe that we will to test the long term trend line (not pictured on this analysis from July-Sept which we will probably meet around $6,500. I think that is where we'll get a decent bounce, but again difficult to predict. You can see the 2014 fractal repetition in my other idea that suggests further downside from $6,500
Comment: YO B*TCHES THIS IDEA WAS ON POINT!!!!!!!
simple "three drives" or "eliott wave" impulse and correction. should take us to 8.5k now, then see if we can launch or die
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what happens now?
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6k target interesting
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Heh pretty cool , following this .
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Nice post, very interesting.
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Interesting to see how this plays out.
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