AjnoudaSikret

Similar fractal formed when BTC dropped from 19k to 10k

Long
AjnoudaSikret Updated   
BITFINEX:BTCUSD   Bitcoin
What's coin on guys? Long time no see

I dont know if this fractal is already failing, but I wanted to share this idea with you.
Troughout the history of my fractal analisys, fractals on BTC were quite precise.

I think BTC will bounce short term around this area, and after that we could possibly see continuation of a downtrend.
Comment:
if we draw parallel channel from a short term supporting trendline, this fractal aligns perfectly with a channel.

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