I measured the size of the breakouts bitcoin has been taking and they seem to be the same size.
Other than the fact that the percentages of the price ranges are different, the sizes are the same.
With that in mind, I aligned the price ranges starting from the low of where the first breakout happened, then the 2nd low of the 2nd breakout to now which I believe will be a 3rd breakout, like a 123 pattern.
The EXACT price by which the price ranges are aligning me to is 31,427, but I believe price will find resistance around 32k.
Like this idea and comment your opinions/ideas!
Other than the fact that the percentages of the price ranges are different, the sizes are the same.
With that in mind, I aligned the price ranges starting from the low of where the first breakout happened, then the 2nd low of the 2nd breakout to now which I believe will be a 3rd breakout, like a 123 pattern.
The EXACT price by which the price ranges are aligning me to is 31,427, but I believe price will find resistance around 32k.
Like this idea and comment your opinions/ideas!