You are viewing a single comment's thread from:

RE: Bitcoin (BTC) Morning Update: Again Following Ethereum (ETH)?

in #bitcoin7 years ago

Potential Fractal in BTCUSD

The fractal is at a higher degree AND a lower degree. You can see the A of larger wave iv looks very similar to the A of even larger wave 1 - post wave v. I included a photo. The truncated C isn't ideal but could signal how bullish the market actually is. There's a bullish RSI divergence in BOTH fractals(not pictured) that could be supporting the C waves.

Potential Fractal in BTCUSD 60.JPG

Thanks for everything Haejin!

Sort:  

Sorry, the ABCs are labeled at the same degree. White box is a higher degree than blue box.