fract

Bitcoin Fractal III

fract Updated   
COINBASE:BTCUSD   Bitcoin
At death cross. Depends on proportions of entangled pullback formation to main drop.
Counter-Fractal:

If it is a bullrun the lower wick should have been longer as in bullish markets. So collective market would have bought off the lower part of red candle. And since growth was parabolic, it was predictable because it aligns with basic growth functions.

Ref. "Buying Pressure"
Comment:
In case you wonder about misplacement white lower horizontal level on the right chart.
Should Have moved but there is no difference since fractal properties has been transferred to FIB levels which can't get affected.
Should have been:
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.