BitcoinUpdated Comparison of the '3k Fractal' Locally
Just a comparison to keep check of whats going on here. Personally am looking for a drop after a potential 'B' up but can't deny the similarities so need to keep an eye on it.
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Still tracking this but would prefer to see a bigger ABC down or a bigger dump. Note
Dumperino - still seems similar. (though I still don't buy it - but I'll get out of shorts if we manage to reclaim the previous level) Note
Left it the channel as I had it before - .618 extension of the A to B was hit. You can now see we extended beyond the wave 2 which we didn't do previously. Can probably bin this now - but still circled the bart for comparisons sake - looks more bearish then before. Never really bought it aside from the chop being similar but next move will be key. Must be above 8050 ish. Note
Chucked in a descending channel as well and the fibb extensions from the 3k. Imperfect. But helps line it up. We extended further this time. Note
Doesn't look like this will hold tbh - which is good if so. Fits my original plan (low 7s -.618 fibb area) and this was just a distraction :). Still got a few levels to watch for a bounce regardless.
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