kingkurdi

Btc 7.2k do it again! Fractal

kingkurdi Updated   
KRAKEN:BTCUSD   Bitcoin

Hey Guys and Girls,

Nice Fractal growing now,
Think we will see BTCUSD at 7.2k in the near futer, and find Support there.

First wave was masiv at the end of last year, then we was going down to around 5.8k.
Coming Back with a second wave up to 11500 with dopple top before we going back again to around 6.5k.
Thats was the Start Point of our 3 wave we are now Inside reached the top at around 10K.
We crossing the downtrend chanell (blue circle) and will go down after this. Like it happend in the first and second wave.
Ah I like Fractal....

Im realy new in the game, so will enjoy if you can comment my prediction :)

Best Regards K
Comment:
Comment:
Short update,
its happend like i predicted we leave the downtrend chanell at the blue circle but only for a short time to fall into it again like in the other 2 waves before also.
I think the next stop is 7.5k with a little sideway move before we trop down to 7.2k where we find new power to come back...

Best Regards K
Comment:

Here in the 4h shart you can see the little sideway move at around 7.5k i has written about in the last update at may 23. think we will go down to 7.2k and hopefully that we find support there, as i told you in the beginning of this trading idea.


If we cant find support there, we leave the big Triangle Pattern Downside and the freefall is ready to start.

Best Regards K
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