TheTrex
Long

Bitcoin's Forbidden Fractal

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here we are comparing 2013 vs 2018 fractal , price events have been very on point and in alignment so far, the price has seen a 30-40% spread between the two but is slowly closing in. Based on Fractal events 28 September to 2 October we have a high likelihood of a big upsurge. The question now is, the spread is becoming less between 2013 and 2018, will 2018 follow 2013 fractal more closely? If so we could see it go up to 8400-9160! The next important date would be 26-27 October, where we should potentially see a dip again. 18 December is the big date we are all waiting for, here bitcoin will go up even more after the longer consolidation period from end October.

I would advise taking this fractal once every while to reconfirm a trade, our main analysis should still be based on Technicals using trendlines and indicators or important news.
Sep 23
Comment: Note Yellow is 2013 fractal, white is 2018 price trend.
Sep 23
Comment:
Sep 23
Trade active
Sep 23
Comment: October performance months based on historical data.
Sep 24
Trade active: Bitcoin still following fractal exactly by dates! 24th was begin of dump and after 27th it will start to gain momentum very fast! Prepare to buy dip on 27 and buckle up :)
Sep 27
Trade active: Within 48H we will see a huge upward trend if trend follows fractal like it has been doing overall now!
Sep 27
Comment: Above 6700 bulls are definitely gaining ground and high odds we break above to 7200-7300!
Sep 27
Trade active: Fractal is happening as planned!! Everyone who held despite all the bearishness congratz!
Sep 27
Comment: We have successfully transitioned from 27th to 28th with pump and I do see 7200-7300 as first target zone.
Sep 27
Comment: Bitmex spiked to 6725USD already.
Sep 27
Trade active: Very high odds bitcoin will go to 6966!
Sep 28
Trade active: Bloomberg reported "Chart Suggests the Next Bitcoin Bull Run On the Horizon" and that we might see a Multi-Week Bullrun! https://www.bloomberg.com/news/articles/...

Rebounds

HAHA
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TheTrex Damians
@Damians, If you want to learn more how to trade you can find more in my signature :D
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Damians TheTrex
@TheTrex, thanks man, I love your artistic charts ..
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Two words:

Chapeau, Sir.
+1 Reply
TheTrex ft-73
@ft-73, Thank you! For more interesting stuff check out my signature.
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ft-73 TheTrex
@TheTrex,

Thank you, actually.

I have to say that ( imho ) technically Bitcoin is not out of the woods *yet*.
Falling wedge on OBV / 1D is still awaiting a break.



Resistance is close, so fingers crossed.
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keep an eye on the monthly charts too
+1 Reply
nice charts and explantion

here is what im looking at for the coming week:
+1 Reply
This fits perfectly in this picture......

+1 Reply
Different analysis, yet similar outcome.
I agree it's a matter of few days, possibly less than a week.

+1 Reply
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