Felix000
Long

#bitcoin could break higher here's why Y/N

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin holding up well. For my most recent study, I've marked all the last eleven days of the month in white squares. Then I've marked all the preceding fractals in green squares which includes the first fractal made inside the last eleven days. Looks good chance of a higher retrace, and has done better in some (have marked with yellow arrows). Yesterdays high may not end up being a fractal high, and price may now exceed it. I'm sticking to my previous long position for now as my previous post.

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
Comment: Have only used the months where the fractal pattern looked the same.
Comment: Now that fractal low of 13th June has been breached it looks like we could have a repeat scenario like 20th May to 31st May, and if this months fractal low is breached in July then July could turn out like February scenario.

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.

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