BitcoinLong
#4 - Fractangles (yes I made that up)
Hi, I'm Johnny Knoxville, welcome to jackass. ( im not a pro)
dont get caught in the angles as they are somewhat arbitrary to the scale of the chart; however i think they can provide some guidelines and interesting facts. The white dashes represent absolute h/l for the fractal patterns. I use the fractals to provide
Angle A & a ( and so on)are the high daily opens/ closes in the pattern, noted as:
A = -24 and a = 10
B = 8 and b = 15
C'= 17 and c' =21
Again, i dont think you should be caught up in these precise numbers since we are looking for trends, but im explaining whats what on the chart. Anyways I think what is telling is that the base between a,b, & c appears to be trending upwards (for daily o/c).This pattern should be confirmed by the first week in April.
Note: if we continue to bounce between these supports and cannot break a clear up (or down) trend, then we will likely begin a retrace on the flip side of the cross (which would put as back at 20k by Sept).
dont get caught in the angles as they are somewhat arbitrary to the scale of the chart; however i think they can provide some guidelines and interesting facts. The white dashes represent absolute h/l for the fractal patterns. I use the fractals to provide
Angle A & a ( and so on)are the high daily opens/ closes in the pattern, noted as:
A = -24 and a = 10
B = 8 and b = 15
C'= 17 and c' =21
Again, i dont think you should be caught up in these precise numbers since we are looking for trends, but im explaining whats what on the chart. Anyways I think what is telling is that the base between a,b, & c appears to be trending upwards (for daily o/c).This pattern should be confirmed by the first week in April.
Note: if we continue to bounce between these supports and cannot break a clear up (or down) trend, then we will likely begin a retrace on the flip side of the cross (which would put as back at 20k by Sept).
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.