Rainman2

D4rkNRG and Magic only offer half a picture, want the rest?

Rainman2 Updated   
KRAKEN:BTCUSD   Bitcoin
Here's an extension of my previous BTC chart incorporating the insights offered by @D4rkEnergY and @MagicPoopCannon in their respective BTC and LTC posts. As D4rkEnergY predicts, we will be exiting this triangle up to hit 8800, before getting smacked back down by the mystery black resistance line from discussed in the previous post. That will finish the top of the Domed House in our 3 Peaks and Domed House Pattern. However, to finish the pattern outright, one final side peak remains. To create that peak, we will again bounce off the bottom of the triangle at $8000, retest the black resistance line and drop down again, finishing the right shoulder of the Head and Shoulders mentioned in Magic's post. From the fractal patterns I have seen complete just within the last few hours, I believe that D4rkEnergY's prediction of the bottom price $4.5k will be accurate. There will be however, a protracted period of sideways action after the fall forming a symmetrical triangle, the exit from which will cause us to go parabolic.
Comment:
I mean we did almost make a HS, I just didn't angle it right. It's angled up, aka we're going up.
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