NTEC

Fractal Pattern at Play

Long
NTEC Updated   
BITMEX:XBTUSD.P   Bitcoin
The overlay is just to show the general shape that might emerge, not meant to pinpoint exact prices for entry/exit. The 2 major trend lines shown + the red major resistance line + the green major support line, should give a clearer indication of entry and exit points as the chart develops. I expect the price to test the major trend lines and get rejected, thrusting Bitcoin on a new trend entirely (as opposed to hitting a quarter trazillion dollars if the current trend line were to continue indefinitely. If this patterns actually pans out, I'll post the second half of it (it is not simply a continuation of the overlay).
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