Just a thought, with little certainty. Seeing all the bart head formations popping up again reminded me of what was happening in Early april at the $6500 bottom when whales were accumulating by keeping the price locked in a corridor with most people holding a very bearish outlook like we have right now in the market.
Watch how it unfolds over the coming days. If $8000 breaks this idea is invalidated
Trade at your own risk
Watch how it unfolds over the coming days. If $8000 breaks this idea is invalidated
Trade at your own risk
Nota
Sorry I repeated the number 3 twice on the chart. The second one should be 4.Nota
keep in my mind this could also be distribution so we might also go the other direction downNota
We dropped a bit lower than the april fractal but it bounced at the same time. So i'd say we are still in play for a slow and small move upward over the next 24 hours.Nota
So far it is still following the fractal pattern!Nota
Should the fractal repeat itself we will push out of this falling wedge but maybe there is a false breakout first just so the whales collect a few short stop losses firstNota
We have been accumulating!Expect a retracement now, before we continue accumulation for another couple of days, then potentially another big break out looming after that
Nota
Now we see if this fractal pattern is going to repeat. A pump should be on the horizon. If it fails to happen then I guess we will be going the other way down toward $6k again
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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.