Is this a new fractal replication of a bullish cycle?

By Techmology

Updated

Too early to tell. Might just continue down still 1st. Lets wait and see!

Note

Whatever path we take, I'm 100% bull as long as we're above the lower pink trend line.

Note

$8,600 area looking more likely. We'll see!

Note

and yet more likely

Note

If you hit the play button on the chart, you can see my perception of scale was a bit off, however we can also clearly see a curiously on point replication of the fractal leading BTC into upward movements. I think this is well worth our attention moving forward and I'll continue updating here!

Note

Looking like a pull back is in order. not really expecting it to be too nasty but taking some profits!

Techmology

Also on:

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.