Short term fractal showing potential dump to $1850. There is another fractal showing potential for a continuation of the bull trend from here if we continue upwards. On the other hand, the weekly chart also shows a very similar fractal to 2013-2014, which is signalling a more long term bear trend. Never a dull moment in Bitcoin trading. There seems to be a lot of resistance building at $2600. If we break through that and move up from there, I'll have to revise my plan. Otherwise I'm looking to buy back around $1850 or in the low $1500s
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looking better, but i"ll wait until that 2710 line breaks to be sure this isn't a bull trap
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I decided not to buy back in after all. I'm going to wait until after the fork. I have a feeling there will be some very big dumps on the other side of the fork.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.