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Felix000

#bitcoin high today but take a lot more to wreck BIG PICTURE

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Bitcoin (BITFINEX:BTCUSD)  
Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
Beyond Technical Analysis BTC BTCUSD btc_usd Bitcoin (Cryptocurrency) bitcointrading crypto cryptocurrencies
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Found something to pump in next weeks news obviously.

The pattern of first fractal or consecutive fractal after a red vertical on this chart appears to have reached the end of a life cycle.
Comment:
$6,731.3 been broken so that pattern on the chart has also reached the end of a life cycle. I don't think it needs to close above it to be the case, but the case would look stronger if it did.
Comment:
Based on my new study #bitcoin games with 4hr 1200 MA and fun with MACD + Stoch RSI" there's a strong basis for #bitcoin set to challenge 200 MA. Each of the previous times has failed to surpass it but looks likely to sustain/power it into October.
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Updated photo of my chart - have posted a link below for the first time so not sure if will work but will see.

snapshot
Comment:
WOW just learnt how to add chart snapshots.
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Comment:
WOW. Above illustrates what I mean.
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