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Yuriy_Bishko
Jan 22, 2021 3:44 AM

BTCUSDT - fractal 2018 vs 2021. Short

Bitcoin / TetherUSBinance

Description

History repeats itself.
price now updated low.
waiting for the trend test.

setup will be confirmed


Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!

Comment

Update
Comments
portal85
I agree, it looks similar, however the current fundamentals do not support this idea in my opinion.
Yuriy_Bishko
@portal85, are you talking about fundamental events?
Yuriy_Bishko
What's the news? @portal85,
Harwin11
@Yuriy_Bishko, i assume with fundamentals he means are things like institutional interest aso. The market is likely to behave different e.g. less volaile than 2018.
ttk100
@portal85, not just fundamentals, especially the 1 day chart. and these kind of similarities you have on millions of occasions, and rarely play out... I appreciate this idea of Yurij but this is a little thin for a confirmation
TradingShot
@portal85, I have a similar outlook as well, posted a week ago:

khyy
you're looking at the END of the run to 20k for a fractal, when the real fractals at the start, the first 40% pullback after the ATH break over $1200. That's where we are right now... at like $2000 in 2017. Just getting started
coaden
2018 didn't have the institutions gobbling up everything like they will now.
Yuriy_Bishko
@coaden, the news is late. all news is listed in the price.
S1850
@coaden institutions didnt hold btc only they want to profit. they turn to new whales that can make price sharp movement.
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