DHLawrence

Bitcoin - 5 minute fractal.

Whats up from Miami Beach!

Late nights are the only time i can find enough tranquility to focus down here. Hope this helps and its not too late... the orange fractal on the 5 minute is a new forecast that really jumped out at me. Its likely we are just exiting the middle argument of this 3 level oscillation. Thats the same as Elliot wave theory i believe.

Anyhow... should be an exciting weekend for the crypto markets! That complacency feeling a few weeks after a parabolic run is a sure sign of disaster! Google the emotional cycle of a market. Then ask yourself how you really feel about bitcoin right now. Let us know what you come up with!

Good Luck!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.