Mboersma0324

BTC - FRACTALS & RSI/MACD/BBWP

Short
INDEX:BTCUSD   Bitcoin
How's everyone doing? I have a BTCUSD Fractals analysis here also with RSI, MACD, and BBWP confluence. If things play out as previously BTC could see a 50% drop. There is only 1 example here so maybe the percentage drop will be different than 50%. We'll keep analyzing as time goes on.

Personally, I've seen good results using similar charts with fractals combined with other indicators which further show that BTC is in a similar area.

This chart is pretty self explanatory. If you like it please LIKE, SHARE, FOLLOW, and feel free to comment.

More charts and analysis coming soon.

I also left a link to a related idea I made recently which is confluent with this idea as well.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.