BitcoinUpdated An Interesting Find (BTC)
I noticed a pattern that I though I would share. I measured the three highs from the 3 candles AFTER the ATH's and combined them (purple lines). I then set them from the close downward and found that for the Dec 2017 bullrun, it almost PERFECTLY matches the low set in Dec 10th, 2018 of $3,128.
The yellow line is the 3 purple lines combined. So if this hold true, then Bitcoin may have a low of $5,900 before continuing upward. Thoughts?
The yellow line is the 3 purple lines combined. So if this hold true, then Bitcoin may have a low of $5,900 before continuing upward. Thoughts?
Note
Found the same pattern with other assets aka stocks
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.
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.