Bitcoin (BTC) Overnight Price Analysis Shows a Wedge Completion and a Fractal Correlation
SUMMARY
Overnight price action is showing that the downward action could be near complete, if not already. Price should start reversing up and if it reaches the white horizontal Neckline; it would be ideal for the Right Shoulder (RS) completiong.
The downward wedge looks complete but not yet confirmed. Price has already started turning and the breach of the upper blue line would confirm the wedge pattern. Often, wedge breakouts exceed its starting points.
From a fractal perspective, here is a chart you haven't seen in a week. The yellow boxes show a potential comparable positioning of each.
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I agree with your expression. but for me this information is very important. so I would be grateful to have been willing to share knowledge. meaning anything you say I will remember. I am sure it will someday I will need. thank you
When bitcoin price will be $12,000 again?
Take a guess at what BTC price is next week :)
You have to wait more 3 years😂
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Thank you @Haejin. Bitshares (BTS) is breaking out isn’t it?
I think Bitshares(BTS) is getting really close to a breakout. As of yesterday - it was 7 Day UP, 30 Day Down and 365 Day Down in my ways of analysis. I'll do an analysis and publish the charts on this one tonight. A good day today and it might flip the 30 and 365 Day indicators... All depends on where it closes today.
The opinion of course, as a consideration in doing a proper transaction action, thanks for the information submitted and will learn other information
Great TA...as always. I think looking at some recent Bitcoin fundamental developments is important. We need to understand what has happened over the last few days...and what will happen. I've also got a slightly different TA count. Let me know what you think. Thanks...
https://steemit.com/cryptocurrency/@workin2005/what-s-happening-w-bitcoin-fud-due-to-bitcoin-child-porn-and-japan-s-binance-crackdown
look close with an open mind with what these people are doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e
Good work. Keep it up.
This bearish 🐻 market tests holding poewr of people and they sold that time when bull run will start. So hold your crypto.
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onek sundor post
good post about cryptocurrency.you are a good post provider.good job