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Steffro
Jul 20, 2019 1:00 PM

BTCUSD - Beware of possible drop ahead! 

Bitcoin / U.S. dollarBitstamp

Description

The patterns seems familiar.

Will the orange pattern repeat this time too?

Look how the Gann arc made it bounce (The Yellow arc). The same bounce happend last time aswell.

The Stoch also describes the same (ABC formation and the blue spike might be completed).

More Gann ideas:



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Close-up of the 2018 situation:


Close-up of today situation:

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Fractal from 2018-situation:

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Doesn't look good at the moment:

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Broke through the blue arc at last. But still above the smaller yellow one.

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Testing the same arc again
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