BTC branching behavior

10 thg 10, 2020

Been seeing this a lot in BTC's recent price action. Smaller moves being a fractal/microcosm of the bigger structure. Quite fascinating. I think it's another inverted head and shoulders type structure forming. According to the previous consolidation that ended in July, I have Tuesday the Oct 13th marked as a possible day for a major break. Posting this to watch the bars play out more than anything.

10 thg 10, 2020

Ghi chú

not exact but the time element of this whole consolidation is very close to the previous, measuring from the first respective impulse bars up that started the pattern. Overall it looks quite good here imo