rawasduke32

2 seperate bitcoin charts with the same conclusions

rawasduke32 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
So far my gann box chart and pitchfork chart has been holding true. Bitcoin has been moving on teh 618's like clock work. On my pitchfork chart bottom 618 is landing between 4750 and 5k, depending if you pulling fibs off probes or not. Gann box is showing the same numbers. Yesterdays candles so far look the same as last bear run drop, so I copy and pasted those candles over to both of my charts, not adjust the charts in any way, and the candles landed where you can see. Right on the money in lots of keys spots. Even running up the 618 arc. I didn't pull and stretch it fit in there either. If the copy and paste scenario plays out, then btc would be bouncing off the mid line of the pitch fork again and our bottom could be 55-5600. Which would create a almost perfect massive double bottom from the previous low of 5800. On the other hand, pulling a support trendline on btc in log view from the beginning of btc puts us between 4300-4750 to touch it. BTC could just curve up and touch it at a higher priced spot though. So in conclusion. Lots of fibs, and most of my TA is putting in the bottom around 4750-5k, but with the recent drop mimicking the candles of the previous bear run, btc could bounce mid line pitch fork at 55-5600 then up, but the data is far to early for that as a possibility.
Comment:
Pitch fork chart
Comment:
Short play before Sept 10th. Target 5875

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