Fractals Fractals Everywhere Bitcoin Edition (Part 2)

Continuation of the Big W Fractal Charts

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Note that the curve becomes steeper as well proceed.

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we not well :)

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I think that there might be a fourth fractal that will take us to 28k. But it's bit of a stretch, so let's see if numbers 2 and 3 work out first.

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that confirmation line should be drawn at around 9.5k not at 12k, sorry about that. For an interesting take on the mystery 4th fractal, checkout ultracoin's chart in the comments section of the Go Big or Go Home chart.

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Here's the chart so you don't have to go searcing around:

After Much Thought, Looks Like Wyckoff Distribution Schematic #1

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So above we have an idea which gives added credence towards a 4th fractal Big W. Now I want you guys to see the opposing viewpoint, equally probable, that fractal 3 will fail at the confirmation line. The chart is by hkh222, and that line is the solid black line on this top chart. You can see our discussion about it in the comments section:

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It's going to be a good week:

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yup still accurate.

Rainman2

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Rainman2