vladutzzz

vladutzzz Updated 

I'm seeing this fractal pattern on both the regular and log time scale (log timescale is portrayed here as it better reflects long periods of time). Not sure where we are in the fourth fractal (green one) as the RSI seems to suggest that the "double top" has already happened. I believe that since the fractals are getting smaller and smaller we will soon see the...

vladutzzz Updated 

We are seeing a bullish diversion between the price level and the RSI as we seem to have found a local bottom. If we break through the 7200 USD resistance level (lower dotted yellow line) we're likely to see BTC test the 7800 USD level (upper dotted yellow line) where it will likely get rejected on the first try. The red line is the upper bearish channel boundary...

vladutzzz Updated 

Bullish Gartley pattern will be validated if down trend will reverse around 8.7K (the yellow circle range around point D). The pattern is invalidated if price drops bellow the level of X. If pattern is confirmed there is statistical probability of 97% that the price will go to the level of B, 64% chance of it reaching C and a 52% chance it will get at the level of...

vladutzzz

I believe the price will keep bouncing inside the triangle created by the 100 day EMA and the line that unites BTC price peaks.

vladutzzz

Could it mean that BTC will drop for a while?

vladutzzz

looks bullish to me

vladutzzz

trend for the 1hr