This is a really amazing example of fractal and autossimilarity in 
BTC
On the panel above, a broadening downard formation in a 2 day timeframe, and on the panel below, the same broadening downward formation, but in the 3 hour timeframe
This kind of pattern usually breaks out upward and the target is the height of pattern
A increasing volume is expected here to signal the breakout upwards
Interesting is that what will happen to the 3 hour timeframe will repeat on the 2 day time frame
So keep a close eye to the performance of the short term: because of autossimilarity, long term will copy the movement
On short time frame, volume is increasing, signaling a very possible break upwards; on the long time frame volume is making a 'U', but now ascending
BTCOn the panel above, a broadening downard formation in a 2 day timeframe, and on the panel below, the same broadening downward formation, but in the 3 hour timeframe
This kind of pattern usually breaks out upward and the target is the height of pattern
A increasing volume is expected here to signal the breakout upwards
Interesting is that what will happen to the 3 hour timeframe will repeat on the 2 day time frame
So keep a close eye to the performance of the short term: because of autossimilarity, long term will copy the movement
On short time frame, volume is increasing, signaling a very possible break upwards; on the long time frame volume is making a 'U', but now ascending
Do you want to trade like a time traveler from future knowing exactly what markets will do?
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Do you want to trade like a time traveler from future knowing exactly what markets will do?
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.