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meszaros
Mar 3, 2019 11:22 AM

BTCUSD fractal... Long

Bitcoin / U.S. dollarBitstamp

Description

The current BTCUSD exchange rate movement may be a fractal movement. The fractal 2 may be similar to the fractal form 1. Its size is exacerbated by the reduced ATR. However, I am likely to start a 59% increase in the previous analysis. In addition to the fractal theory, the ATR axes (white line) and wave axes (green line) have the same structure in the same structure. This also means that the buy-in structure is similar to the two wave structures, although the sizes are different. But this is a precondition for the formation of a fractal structure. It is also seen that the ATR axis of fractal 2 is "flatter", whereas the wave axis is almost the same as the fractal 1 and 2. This predicts further increases in the BTCUSD exchange rate. After all, the ATR is rising.
Comments
Captain_Walker
Sweet! Well spotted!
meszaros
@Captain_Walker, Thanks :)
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