Hi again to you friends.
Today, I am gonna post this blue fractal which I am watching more than weak, if you saw my last idea.
Now I post you 1 hour chart for exact tracking.
While some indication bottom is in, personally have not convinced very much...
If you zoom out, you should see the whole bearish Wick-off structure made even before Bitcoin topped.
I marked it by yellow rectangles and I will post in comment below this chart to better picture.
You can also spot red Rising Wedge in huge Falling . That mean too much space to fall before uptrend really begins.
But it will never be sure. Let's see it fractal will fit, progress or it will be invalidated in next few days/weeks.
A lot will depend on DXY and Stocks like Nasdaq ,as always.
Good luck to you, stay safe and take care.
Emvo.
*This is not any financial advice.
Today, I am gonna post this blue fractal which I am watching more than weak, if you saw my last idea.
Now I post you 1 hour chart for exact tracking.
While some indication bottom is in, personally have not convinced very much...
If you zoom out, you should see the whole bearish Wick-off structure made even before Bitcoin topped.
I marked it by yellow rectangles and I will post in comment below this chart to better picture.
You can also spot red Rising Wedge in huge Falling . That mean too much space to fall before uptrend really begins.
But it will never be sure. Let's see it fractal will fit, progress or it will be invalidated in next few days/weeks.
A lot will depend on DXY and Stocks like Nasdaq ,as always.
Good luck to you, stay safe and take care.
Emvo.
*This is not any financial advice.
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I can also post you actual,closer look:
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I made also purple one. Because blue is Logarithmic chart.
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This 2 fractals gave me yellow zone on both scales and daily lows which should be able to buy quite with comfort. In my opinion.
Log amplitude is much more extreme, which is also possible.
Both setups making perfect sense to me.
Log amplitude is much more extreme, which is also possible.
Both setups making perfect sense to me.