Corrective fractals of 2013-2016 vs 2017-2019 v1.0

٢٥ سبتمبر ٢٠١٩

Hello everyone,

Welcome to this simple yet key fractal technical analysis.
I would like to mention that this is not a financial advice and if you invest your money could be in risk
but
its worth to mention that as long as we dont know the exact path we at least can see the possible way and that say UP !

I would love to visualize to you the similarities of the corrections we went threw 2013-2016 vs 2017-2019 (current one)

What am I pointing at is that both corrections look very similliar to me. Even if you put the fractals to perspective
then in the top left corner of the TA you can see how they literally fit to each other ( I will give more *ad1, ad2 in description below)

In related ideas you can find TA: Bitcoin 3000% grow-100K in Dec21 2021 I would recomment to check it out as this is the best way to show the long term channel.

ad1 Both fractals found very strong support on MA730 at 2D chart ( This TF I use to eliminate noise of bots / 730MA = 2years x 365 days )


ad2 Look at the fractals itself how they are similliar



ad3 Take a look at that desperate drop after breaking the resistance for the first time and making new high aboove it

٢٥ سبتمبر ٢٠١٩

ملاحظة

In my opinion we are at final stage of accumulation before the next bull market

٢٥ سبتمبر ٢٠١٩

ملاحظة

If you want stay updated on the fractal path then check

٢ أكتوبر ٢٠١٩

ملاحظة

This could be the correct fractal extension

٢١ يناير ٢٠٢١

ملاحظة

Hello everyony who kept following this idea. Over a year passed and the view is more clear now. We might see some corrective mooves in down and side way next weeks/months and then the rallye towards 100K should continue and higher towards 200 and even 300-500K