FrederickDupont

INTERESTING BITCOIN FRACTAL

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We can see a interesting pattern here that could repeat again and according to the logarithmic chart, if it repeat it should be right about now. This is just a possibility, don't take a trade on this, fractals don't always works but I find this one really interesting so that's why I wanted to share it with you guys.

If you want to know what I really think will happen with Bitcoin in the next few weeks go check my last BTC post (i'll leave the link just below in the related ideas section).

Have a good day guys and stay tuned for more updates !

Fred
Trade active: This pattern is almost completed. Will we break this pattern and then break the market structure ? That's what bitcoin absolutely need to do to. If not, we'll probably see 6k again and maybe lower.

Comments

Agree. Thanks


+1 Reply
Looks good. A free fall without any bounce is lost whales´s bussines. In each bounce the fish hope born and the whales can sell with profit.
I am agree
+1 Reply
Looks beautiful, thanks for sharing.
+1 Reply
FrederickDupont alanmasters
@alanmasters, Thanks !
Reply
looks like a downtrend channel
+1 Reply
@xrayer, True !
Reply
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