Bitcoin Forum

Economy => Speculation => Topic started by: AakZaki on November 03, 2019, 04:05:57 PM



Title: Technical Analysis in "Fractals"
Post by: AakZaki on November 03, 2019, 04:05:57 PM
Today I work on the graph to now and the second graph of how bitcoin has reacted, since February the bitcoin to reach another lower ... but in February bitcon made us a very nice re-bond signifying the end of the cycle Bearish ...

Left Graph = February 17, 2019
Graph right = November 3, 2019

https://i.imgur.com/OGmVauB.png

So the most obvious in the graphics is that we are exactly the same!

- Same date !! Sunday at 4 pm !!

-Same time ! between the end of the bear cycle and a big climb! (within 1 day)

-Even indicator !!

  and we arrived at the end of the 4 hours of a candle and a Sunday! ... basically we will see if the next other 4:30 will have a rise and a real break from "continuation triangle"

Let's wait a few more hours .... Good Sunday !


Title: Re: Technical Analysis in "Fractals"
Post by: figmentofmyass on November 03, 2019, 05:39:53 PM
Today I work on the graph to now and the second graph of how bitcoin has reacted, since February the bitcoin to reach another lower ... but in February bitcon made us a very nice re-bond signifying the end of the cycle Bearish ...

Left Graph = February 17, 2019
Graph right = November 3, 2019

https://i.imgur.com/OGmVauB.png

it should be noted that after that breakout, the market dumped straight back to $3650 and then we went sideways in the $3000s for a month. so it wasn't exactly the big breakout that kicked off this year's rally.

i could see that happening again---break upwards to $11.8k, dump back to $10.5k, then sideways for a month or so before the real fun starts.