meszaros

BTCUSD may rise....

Long
BITSTAMP:BTCUSD   Bitcoin
The analysis shows that the size of the correction fractals (red rectangle) is the same. In addition, the size of the rising fractals (green rectangle) is doubled. Therefore, I assume that the amplitude of the accumulation fractal structure (blue rectangle) may also double. This strategy will trade that. In case the analysis is correct, the next target price is 8050usd.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.