mabonyi

Bigger fractal of 2017-2018 crash may offer clues

Panjang
BINANCE:BTCUSDT   Bitcoin / TetherUS
The two sections highlighted are zoomed out quite a lot and you can see that they bear remarkable similarity to each other. This is the 4H chart of Binance over the last 2 months, compared to the same symbol on the 1D timeframe from late 2017 to today. The area in question is up to May before there was a small correction and continuation.

We should expect from this, as I said in previous ideas, that there is a small touch down before resuming the parabolic. There is no strong bearish argument here either.

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.