Husain_Zabir
Short

Bitcoin same old pattern once again

BITMEX:XBT   Bitcoin / US Dollar Index
hey guys, no need to write more above chart is saying all the things, comment below what you think abt this formation.
the candle pattern you can easily find in previous price chart of bitcoin , guess which one is that?...
Comment:
Is it possible symmetric triangle ABCDE correction?
Reply
Husain_Zabir Memelistas
@Memelistas, nope dont think so
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Memelistas Husain_Zabir
@Husain_Zabir, why not?
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Husain_Zabir Memelistas
@Memelistas, coz you need to also consider psychological patterns, which led the majority believes in a triangular formation beakout
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Wow, I'm really surprised that the current trend correlates so well to what happened back then. So I went searching for that past trend and have found it. (Pretty obvious where it is really.)

So I think we'll bounce up from 10k now to maybe just touch 12k and then we're going down down down.
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Husain_Zabir liquidcactus
@liquidcactus, you're getting it right, you're the first one to found it, great
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you think it ends at 11095?
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@Bittrip69, nope even lower i dont think that crossing 14k is possible again in 2019
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Permabear...... The reason why you don't say where the fractal is coming from is saying enough.
+1 Reply
Husain_Zabir Jazzi-bull
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