Almost identical shape as we had a week ago. Think it's worth to keep an eye on it. Break of the red would invalidate it, break of the green would validate it.
Current Bitcoin analysis:
Bitcoin/S&P Fractal:
Current Bitcoin analysis:
Bitcoin/S&P Fractal:
Note
Looks like another game plan might be going on here. The fractal looked very identical, but the market seems to be more bullish than bearish now. Volume is not really meaningful, very low again this weekend, so can still all be just noise. Can also very easily turn into a Bart move with volume. Meaning a break up to above the red zone, to 4110ish and then dump again. Think that channel is good to follow, like the one on the left gave a good road map, this one could do the same
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Disclaimer
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.