Giovi6969

Bitcoin might be at this fractal area.

BITSTAMP:BTCUSD   Bitcoin
Bitcoin is possibly at this equivalent fractal area, but i need some more time for confirmation.
Moving averages seem to share some similarities as well.
I say why not, but the recent upmove was so fast and so parabolic that it could also indicate more pain to come, so i am remaining flat here.
Need some confirmation.
We'll see.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.