Fractals Fractals Everywhere
I'll just leave this here for future reference.
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Here's a close up of where we are:Nota
I have confirmation on the BTC chart that we will be exiting the triangle in the next day or two if not tonight. BTC target for exit is $7800, you should note that ETH may breakout of the triangle first. I am not entirely sure what that would mean in terms of breakout, whether ETH would be able to advance unhinged or if it will stall out and go sideways until BTC catches up.Nota
The path out of this hell forsaken triangle has become clear.
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Do you see the W shape? That the 4 hr chart
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If you can figure out the rest of that sentence, you'll know exactly how the next two months will go. Fractals have an uncanny ability to foreshadow future events.Nota
we've exited the triangle:Nota
now we wait for BTC to catchupNota
we're minutes away from an explosive jump upNota
We're diverging from BTC, just formed a bull flag on the 4hr chartNota
It was a bull flag, now it's the base of the pole of an even bigger bull flag. The only reason this breakout is slower than anticipated is because of mother f#$% bitcoin. It's going to take a day or two for btc to catchup. Note where the correction will be in the meantime. This is throwback from our exit of the wedge. The downward will be blink and you missed it sharp.Nota
we're looking for an initial jump from the handle, the jump will be the depth of the handle itself, roughly around 9%. Afterwards, we'll pause for a few hours before resuming:Nota
Just to drive home the fractal nature of this setup, the handle itself is forming it's own handle. The bottom of which has already formed. They shouldn't be any more of a drop in price prior to the jump up:
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