Hello everyone, I´m not saying this is local TOP but it might be. What I wanted to point out and remind you is the power of fractals and cycles Back in March 12 when the price of BTC was 4814 USD I´ve shared the idea explaining the "China fractal" You can check the idea/chart HERE
Since then 239 Days passed and Bitcoin is up 239%
In the previous idea the fractal was not likened exactly accurate, intentionally ! The reason was I wanted to be easier for us to read the future price action. Now I linked it more precisely right in the midle of fractal where the "dips" occured and you can see both of these fractals end up in the range of 15-17K.
In my opinion BTC.D and BTCUSD is likely to top anytime soon. What does it mean for traders ?
So be ready to be reactive when the alts relief rallye begins & Don´t get me wrong ! Im super bullish long term on BTC
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
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.