Chaotic Attractor CNY/BTC price prediction (V.3)
I present here two possible scenarios regarding CNY/BTC price. The first one is being described as a continuous to the current attractor trajectory, basically rendering the system unstable. Pick your exit point, since under these circumstances the next trend will be followed by a tangential graph that will form a reverse attractor (descending scheme), much like in 2014. The trend will reverse in about 30d.
The second scenario is being described with the red arrow, basically projecting the scheme to a larger (positive) attractor which will be landed at about 8000CNY (previous ATH) with a local low at about 6000CNY (or a bit below). The trend will possibly continue with a newer (bigger) attractor in about 4-5 months.
The second scenario is being described with the red arrow, basically projecting the scheme to a larger (positive) attractor which will be landed at about 8000CNY (previous ATH) with a local low at about 6000CNY (or a bit below). The trend will possibly continue with a newer (bigger) attractor in about 4-5 months.
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Related publications
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.