BitcoinUpdated Bitcoin (BTCUSD, XBTUSD): May 2016 fractal
Comparison with May 2016 Bitcoin.
All Bitcoin fractals are essentially the same, but volume distribution varies. This May 2016 fractal shows good correlation with the current pump, let's see how it goes.
Projected gains are a little higher than 2016/17 average, projected dump about right.
Not trading advice: market can change at any time.
All Bitcoin fractals are essentially the same, but volume distribution varies. This May 2016 fractal shows good correlation with the current pump, let's see how it goes.
Projected gains are a little higher than 2016/17 average, projected dump about right.
Not trading advice: market can change at any time.
Note
Another bullish fractal. Parabolic blow-off. Note
Re-bought at 6800, just waiting now.Note
Holy cow... some boolishness for Bitcoin. Two suggestions if this trend continues. Note
Hmm... closed position at 8030. Now looking at 7500Note
Bought in 770 expect move to 8k again, Hopefully soon with break upwards Note
Is it this?
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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.
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.