BTC Parabolic Fractal Short

Bitcoin / DollarBitfinex

Description

⋅ Oct 12, 2018 10:57 PM

Using fractal analysis we can see a similar behaviour to what happened exactly after the last parabolic raise. Taking also into account charting principles descending triangles break down so we can expect BTC to go below 4.8K or even further down.

Comments

XCryptonacciX

⋅ Oct 12, 2018 11:33 PM

very nice, thanks for pointing this out. What indicator are you using on bottom of chart? Thanks!

RavenRife

⋅ Oct 14, 2018 4:16 PM

@ISTVANX, R5 RSI divergence, it's quite useful, you don't have to calculate divergences yourself, combined with other indicators is priceless

artem19840910

⋅ Oct 13, 2018 4:11 AM

We are on the second. Yes yes

RavenRife

⋅ Oct 13, 2018 2:28 PM

@artem19840910, agreed

BITCOIN21

⋅ Oct 14, 2018 12:53 AM

Here or here hahahaha :)

RavenRife

⋅ Oct 14, 2018 4:15 PM

@BITCOIN21, I know right? :D