BITFINEX:BTCUSD   Bitcoin / Dollar
276 3 4
Could this be a mirrored fractal?
Let's wait and see :)
swordmaker
a year ago
snapshot


also these bigger and smaller fractals have the same structure. First an euphoric rally to a high then another rally stomps with divergences.
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swordmaker
a year ago
snapshot

Another idea, on daily chart ( after 2013 bubble) candles with a wick to a low almost always continues to a rally with a wick up which creates this stomping fractal. On the other hand there are times that this structure is broken in pre-bubble times. So if we can break this pennant up then it could be a start of another bubble.
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swordmaker
a year ago
snapshot

Fractal update:
I scaled down the fractal a bit more to fit last night's dump. I think it is fair to say that it played out well. Let's wait and see how long it is gonna follow the pattern.
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