milowest1117

Bitcoin fractal chart - 1H Coinbas

Long
COINBASE:BTCUSD   Bitcoin
This Bitcoin fractal on the Coinbase chart could play out. The fractal is from the first correction we had after the 29k low. It has been traced from 7 Sep to 7 Okt. If this fractal does play out this could very well be the bottom. A lot of people are waiting for a further retracement to the previous high of 53K and the market often doesn't do what everyone is thinking so if we would reverse up from here I would not be surprised. Let me know what you think and if you trade fractals!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.