botje11

Extra Bitcoin Update, SP500 Fractal, Part 3

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
When i posted the previous one, at first i thought, really??? Would it?? Noooo, but it looks so much alike :). Anyway, now it looks even scarier, as i showed in my last update about the black circle, it's moving exactly the same ( bull flag ) AND' also at that red resistance.

Anyway, this pattern suggest we see another move up and then seeing some bigger corrections. Actually, this falls perfectly in line with my last Bitcoin analysis, that blue line. So suggesting a break up to 4100/4150 and then making a bigger correction in price and time, before gathering strength for an attack of the big 4200 resistance.


Fractals play out very nicely sometimes, but not always. A year ago they were huge winners most of the time, as my early followers probably remember, but the past 6/8 months they have become less reliable. The biggest reason is probably the low volume . So try to find your own confirmation as well. For the more actual TA, follow my normal Bitcoin' analysis.



Don't forget to like if you appreciate this :)



Previous analysis:


Few other recent fractals.



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Excellent call!
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I think we're due for a breakdown. Stong resistance so we are scaling out of the trade. Let's see what happens :)
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micmuc TradeIndicators
@TradeIndicators,

I've been thinking this before, but am now thinking you're a complete scam; posting multiple differing opinions simultaneously to make people in hindsight believe that you actually are a good analyst.

You just posted an article stating you believe things go up (??)
+1 Reply
@micmuc, This is what happens when you don't watch all of our videos :) Assumptions get made out of order. Yes, we were expecting the price to go up but when you hit resistance that is usually a place you see the price go back down so that's why we scale out. Please watch all the videos because it looks you look a little silly for people to see you post this when they know we are 100% honest and update everyone on a daily basis. Hope this helps man!
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I am looking for a break up, the structure is running to the end.
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Expecting the drop this weekend

+1 Reply
mightytrader jeremyluce
@jeremyluce, I hope so! I'm shorting. :D
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end of the month
End of the week
The beginning of april
And ???
The big fall is on the way, suddenly and in a few hours, the peak of surprise!
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We really like this analysis. Thank you.

Here is a bunch of good news coming from technical analysis and indicators we used.

Let us know what you think.

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