Bitcoin
Atualizado

Bitcoin fib fragmentation of the common cycle

12 829
I used fib on time scale to measure the cycle and to tear up the fractal into different stages of the market. These proportions most likely can be applied to the case happened in recent 2 years.
Consider the M shape on the bottom that implies that market has lost its bearish incentive, can't fall anymore and is about to reverse its direction.
Nota
0.786 fib retracement = around 4K
Nota
How bears view BTC
Nota
Accumulate as the price moves closer to the level of 0.786
Trade ativo
Relevant
Nota
Crossing above the curve once more is a bullish sign, as well as entering green area.
Nota
Yellow area similar behaviour
Nota
snapshot
Nota
Nice Fibonacci tune of fractal

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.