Finally starting to be interesting to buy this market for long term holding, if you are willing to risk it
Compound fulcrum bottom trying to form, will it materialize is unknown
CFB will materialize if Btc reaches 6.900 and 7.400 with no false breakouts (could be a permanent bottom of Btc market, but it also could form a bull trap which is less likely)
But:
Very large descending triangle
The Smmas are pointing south
The 2018 fractal could follow the complete 2014 fractal, with a last leg down
GL
Compound fulcrum bottom trying to form, will it materialize is unknown
CFB will materialize if Btc reaches 6.900 and 7.400 with no false breakouts (could be a permanent bottom of Btc market, but it also could form a bull trap which is less likely)
But:
Very large descending triangle
The Smmas are pointing south
The 2018 fractal could follow the complete 2014 fractal, with a last leg down
GL
Nota
Left side is 2014, where i think the corresponding structure is nowWe have to see if Btc follows a similar breakdown move of the supportive channel
Nota
The compound fulcrum bottom is, imo, in the way of failing to materialize so far, there is a missing higher high :
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.