anibalsantaella

Bitcoin's cycles update

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BITFINEX:BTCUSD   Bitcoin
The cycle has changed its initial point.
Komen:
The price had a wee bounce in the middle point of the cycle
Komen:
The blue line has been being support and resistance for the last 10 months, is an intermediate line
Komen:
There is a lot of weakness in the price to recover. The current cycle could finish
around 23rd August (30-day cycle) or could extend for 20 days more
as it happened in the previous downward cycle (50-days cycle/ 12th September)
Komen:
This is a bar pattern copied
from the past downward cycle.
The price has dropped lots, maybe
a sideways trend before the next move.
The bar pattern fits in that sense.
Komen:
The blue line has been being support and resistance for the last 10 months, is an intermediate line. The blue line is resistance
Komen:
This is a bar pattern copied from the past downward cycle. The bar pattern fits well maybe a fractal.....
://www.tradingview.com/x/aQt6vS9r/
Komen:
This is a bar pattern copied from the past downward cycle. The bar pattern fits well maybe a fractal.....
Komen:
A new has started on 23rd August

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