Updated

BTC-USD (2014-2018 FRACTAL)

BTC to 3000-3200

Note

Note

2014:

Trade active

We are still in purple box and testing upper trend line. We are here for a while. (6100-6800 range) But we are not too strong.

If we break 6000k (Before this we could see 6500-6600 range) Next target will be yellow circle. (Lower trend line)
If Bitcoin is following the fractal, here we can see a good bounce to the upper line of falling wedge.

Let's see what happens.

Trade active

Daily close up:
In 2014 Bitcoin broke pennant to test upper trend line before lower trend line.

Now we are in a pennant again.
Under pennant there is 5930 green trend line (We have tested it 2 times)

2014:

2018:

Trade active

We broke pennant up to test upper trend line as 2014.
For now we have a doji (This can change). And volume is weak. Must be careful.

Trade active

.Fractal is still active

Trade active

.Timeframe is different from 2014. But trade is still active.
MA turned down as 2014-2015.

Trade active

We've touched the falling wedge's bottom line. But
Timefreame is different then 2014-2015.
RSI is also haven't touched 30.

Trade active

It's time to make divergence.
We have one or two more down.

gokhanbuluk

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gokhanbuluk