Bitcoin Extra Update, Possible Feb H&S Fractal

Updated

I had pulled out this chart yesterday, comparing the lows we had this year to have a decent guideline for the coming days/weeks. I also had the April rally, but for now the Feb rally looks much better. Of course this fractal is not a beauty, but the fact that we are moving a bit similar the past 5 days or so, makes me think it is a realistic comparison. The green circle withing the orange one as well. That does however mean that we should hold the current 4100ish. On the left we can see that breakout was also quite minimal back than, just as yesterday's breakout. So ideally we see another wave up before we start a bigger correction. As i mentioned in my Bitcoin' analysis. Now don't just follow it blindly, i would only use it as a guideline or as an extra confirmation.

To keep track of more update, make sure you watch my "live" Bitcoin' analysis.

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Previous fractal analysis:

Fractal Update Bitcoin, Is this the First wave or Second wave

Live Bitcoin' analysis:

Okay Bitcoin, is it going to be 4200 or 5200? Part 4

Comment

So actually see it more as a guideline than a real fractal. Only the last part is similar, the low is not. Back than we had a panic low, this one was the opposite

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New Fractal Update:

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