MesattoCapital

BTC Parabolic Pattern Analysis

Short
MesattoCapital Updated   
BITSTAMP:BTCUSD   Bitcoin
Hey guys, I continue in my Bear mood since my last post( )

But Now I drew Parabolic curves throughout BTC's past performances.

* In the Technical analysis, the moment it breaks a parabolic movement, 40 to 80% dip is expected. *

As we can see, in its past, it has already happened a few times but is also good to notice that it has always come back up to a new ATH.

Also, I would like to give special thanks to my mentor Peter L. Brandt (follow him on twitter)


Please trade safely
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This is not financial advice

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Trade closed: target reached:
Forgot to close, Trade closed :) Target reached
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