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fract
Mar 8, 2019 6:31 PM

Scenario of Bitcoin recovery 

Bitcoin / U.S. dollarBitstamp

Description

Alternative measurement - Timing Fractal Configuration.
UPDATED: Takes into account the steepness of waves and scale alignment with identical sizing to maximize correlation accuracy. Key angles are adapted into fractal dimensions.

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Alternative scenarios based on fractal

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I

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CURRENT IDEA IS UPDATED from:

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IF YOU THINK THAT BITCOIN HAS ALREADY IN THE BOTTOM REGISTERING WAVE C, THEN THIS IS FOR YOU.

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I guess the time fibs carry more accurate comparison data rather than lines with idential angles.

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Once you see similar pattern formation as in purple oval area, start accumulating on corrections ahead. That's the sign and confimation of the fact that the bottom (wave C) has already been registered. Hence, we can expect the real bull run, only within that condition.

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By refering as “breaking above triangual formation” I meant the pattern in blue oval area which is followed by the pattern in purple oval.By refering as “breaking above triangual formation”, I meant the pattern in blue oval area, which is preceded by the formation in purple area. Those are interconnected stages of the market - the next mass behavior we can expect after establishing the bottom of the market.

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-66* angle resistance
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Mracha
Thank you!
Sidney-CWB
It makes sense, thanks!!
monguilhot
Lovely simplicity of 66º line... But compare with another bubble could be a good idea? If so, your TA shows a retrace to $1800... Honestly, I think that is almost impossible :) Just in our dreams...

But the 66 line is clearly showing some resitence.
Please update your idea. Great work.
fract
@monguilhot, I will update and it will be called “bitcoin fractal 6”
UnknownUnicorn5417291
excelent!!!!!!!!!
UnknownUnicorn1866407
Could you adjust the colors on your charts? It's really hard to see the candles after pressing the play button.
fract
@Emsticoins, I’ll remake it on white version
jpbrown1023
Why did you use the weekly chart on one and the daily on another?
fract
@jpbrown1023, To keep proportions identical.
jpbrown1023
@investa,
Which proportions? They're already pretty close.
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