Not really a fractal but a general comparison for a potential outcome to this pump. Fractals alone are dangerous to trade off. As recently as our local bottom, there was a fractal that did not play out. Regardless of the validity of ETF hype (personally very skeptical), I think it's reasonable to expect a retrace to coil for another pump to test the 200 MA using...
If Bitcoin want to go up. There must be a dump&pump like at 01.10.2013 date.
Will ETC correct or is it gonna pump even harder? I have counted 5 waves up, and confirmed on a smaller timeframes as well. 5 waves are usually followed by some sort of a correction. I've labeled some possible targets, end new buy zones, but there is no certainty that ETC will correct that deep. Fifth wave may not be finished yet, so be very carefull. This is only...
So this is my 3rd post in 2 days already. Just trying to understand the constant outrage in the chat and linking it to the trend. IT'S GONNA DUMP, IT"S GONNA PUMP. well, it has just been following the trendline nicely since half July. right? (despite the China Ban and the first softfork. So, will it now continue following this trend? or are we going to see some...
#BTC there is your resistance and if we dont break through it soon we may head down again. Bitfinex whales may be looking to dump from what I've seen - be alert : )