AjnoudaSikret

ABC fractal forming

AjnoudaSikret Updated   
BITFINEX:BTCUSD   Bitcoin
Similarity is undeniable.
Comment:
Comment:
We can see that BTC follows earlier fractal for now, so we can expect test of upper trend line, and then there are two possible scenarios. If we breach and close successfully abobe trendline, we could expect rally and test of a 9500k resistance level.
An other side, we could see a rejection from that trend line, and maybe a free fall to new low (6000k or below)


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.