MarketsAmygdala

Tri-Top Fractal Pattern on ETHBTC

KRAKEN:ETHBTC   Ethereum/Bitcoin
Not too much to break down here.

Most of ETHBTC's major price action seems to follow this tri-top pattern.
Red line through the middle is a pretty consistent point of support.
If you zoom in you can find more tri-tops. Didn't want to clutter the chart.
If the chart is going parabolic, you're likely entering into a new instance of the fractal
Not sure how to gauge the magnitude of the fractal before you hit the first top. Will need to see another market cycle to find that pattern unless someone else has any ideas.


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