BTCE:BTCUSD Bitcoin / Dollar
I'm seeing many seemingly related events taking place on very similar time intervals on this overlaid bubble data. It looks like major price moves are playing out in very similar patterns but there doesn't seem to always be a move in the same direction. The double chevrons indicate a strong correlation of price movement. The opposing arrows highlight where price action diverged from the previous bubble data. Will the next event happen? Will it be in the same direction?
The green and grey candles are taken from the previous bubble price action around July 2013 using the 'Bars Pattern' tool. Take note that this is a log scale chart that looks at price proportionally. It will be interesting to see how the price action differs... and how it is similar.