Nuseii
Short

Fractal Crash Theory

BITFINEX:BTCUSD   Bitcoin / Dollar
982 6 5
Using a bar pattern of the previous drop from 387 to 166 this may be a scenario Bitcoin will face.

I'm new to using Bar Patterns, but have seen them used to great success here on TradingView.

Before the previous drop we had a swing high to 387, and i think we may have a swing high here to 242 and then start the tumble.
Considering your experimentation with bar reproduction patterns I thought you might appreciate this.
snapshot
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Nuseii ninjabenja
2 years ago
Wow yours is so god damn pretty. I'm still learning Gartley's but i saw the same thing here.

 
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drei4u
2 years ago
Really? Successful bar patterns? Adding this to my trading tools. Thanks!
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Nuseii drei4u
2 years ago
242 target is off, but it seems to be in line with the fractal in terms of formation. All fractals of course have their own unique properties, but it seems the high point was around that neckline.
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Nuseii Nuseii
2 years ago
Im actually being anal for no reason, its really close to 240 which is the top of the Day bar pattern, 242 was the previous hit. This could be a month of bleeding.
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drei4u Nuseii
2 years ago
Possible Battleground: Bulls vs Bears


Around $243 or it never reaches there
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