It appears that a bullish fractal is beginning to form.
Fractal one (Past):
https://ibb.co/wSw9146
This is the first fractal in daily candles.
Fractal two (Present):
https://ibb.co/gt5386S
This is the second fractal in 4-hour candles.
Where we are in fractal one:
https://ibb.co/vhM9cJB
What happened after in the past fractal:
https://ibb.co/vhbk3TQ
If fractal two mimics fractal one than we can expect a fast move to $12,000 in the next coming months. There we will meet temporary resistance. When this resistance is broken then $20,000 and new all-time highs will be likely.
Fractal one (Past):
https://ibb.co/wSw9146
This is the first fractal in daily candles.
Fractal two (Present):
https://ibb.co/gt5386S
This is the second fractal in 4-hour candles.
Where we are in fractal one:
https://ibb.co/vhM9cJB
What happened after in the past fractal:
https://ibb.co/vhbk3TQ
If fractal two mimics fractal one than we can expect a fast move to $12,000 in the next coming months. There we will meet temporary resistance. When this resistance is broken then $20,000 and new all-time highs will be likely.
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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.
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.