FerdiHodler

CRYPTO MATRIOSKA - REPEATING PATTERNS

FerdiHodler Updated   
BITFINEX:BTCUSD   Bitcoin
What is next with litecoin? What is next with bitcoin?

I can say you that after this crazy increase, it is not easy to buy back my theter, but I collect all the informations to do my best. If I follow a logic and finally I'm wrong.. no regrets.

It's not a secret that patterns repeat.

Left you have the last 1 and half year of litecoin.

Every thing beginn with a nice basis. Who knows is cumulating litecoin in silence and give away dollars to who ignore what comes next. The strong Pump.
People beginn to take profit, but some buyers knows that is not over. You can forecast this from the stagnation of price who preceed the second pump. After that the blackout (or better what until today seems to be a blackout)

Right you have bitcoin in a 15 minutes timeframe. Same basis Pump take profit Pump.. blackout??

Same pattern, but smaller, like a matrioska the secrets are hidden inside.

If bitcoin in the 15m timeframe beginn to correct like litecoin in the 1 D timeframe, then would you let you inspire from bitcoin 15 m to forecast 6 months
of litecoin?

I would consider it.

Other signs that bitcoin could correct from last pump?

During the false recover of 2014 crash bitcoin extended exactely to 168% of the first bullish impulse. The second impulse founded his basis at 38.2%.


where found this last bullish impulse a stop?


168% of the first impulse …

More reasons to follows the brain

we are again in a demand/supply zone and there is also the resistance of an important trend line who supported all the falls of bitcoin.

Will I be stuck in this trade for ever?

no

there are lot of possible other trade possibilities!


BIO

Comment:
the c&h idea with 5-0 pattern included

Comment:
this was the movement after the squeez of april

there are some analogies with thus of the last days


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