MesattoCapital

BTC Parabolic Pattern Analysis

Short
MesattoCapital Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Hey guys, I continue in my Bear mood since my last post( )

But Now I drew Parabolic curves throughout BTC's past performances.

* In the Technical analysis, the moment it breaks a parabolic movement, 40 to 80% dip is expected. *

As we can see, in its past, it has already happened a few times but is also good to notice that it has always come back up to a new ATH.

Also, I would like to give special thanks to my mentor Peter L. Brandt (follow him on twitter)


Please trade safely
Don't forget to comment your ideas as well as suggestions for another currency analysis.

This is not financial advice

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Trade chiuso: obiettivo raggiunto:
Forgot to close, Trade closed :) Target reached
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