faboose

Blue Pill or Red Pill?

BITFINEX:BTCUSD   Bitcoin / Dollar
1346 1 27
Bitcoin loves drama; so here we find ourselves at yet another crossroad.

I was bored and looking around when I stumbled across some very interesting similarities from last year. You will notice almost identical movements in Red/Orange. and then what appears to be reflected patterns in Blue/Yellow. Is this the difference between an upward trend/downward trend?(we see black was fighting EMAs where now EMAs are support)

If we are to follow the pattern exactly, blue would seem logical. But with this mirrored type movements, instead of up do we get down?

Good luck!
C_BREEZY
2 months ago
Very interesting
Reply
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