PonziUnit70
Long

Three Drivers Pattern on Bitcoin - corrected

BITSTAMP:BTCUSD   Bitcoin / Dollar
While not plotted off exact bottoms and tops, the Three Drivers Pattern now fits with proper ratio and within the price action of bitcoin . It is also not a perfect fit according to time as the second fractal is a shorter time frame than the first. After learning about how this drawing tool works, this is the best I can come up with to honor the rules. https://www.tradingview.com/stock-charts-support/index.php/Three_Drivers_Pattern

Bringing journal from previous chart:
Projecting bitcoin runup to 710 over next 20 days.


Short term call. Looking for an upside down head and shoulders pattern that rhymes with the Three Drivers Pattern already on the chart. Need a price rise to near 710 over next few weeks or one of my fractals / projections is broken. updates: 5/27 if break below 550, support is 473... 5/30 right up under the trendline @ 629., 5/31 still under the trendline @ 640
Tanner
2 years ago
Amazing, thanks for sharing.
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