MaxxCharts

Bitcoin interesting chart pattern, will it continue?

MaxxCharts تم تحديثه   
BITFINEX:BTCUSD   بتكوين
Get on those tin foil hats! We have an Interesting pattern on bitcoin where we see a trend change around the 6th of the month and the fractals taken from two month prior line up well. I do not think this will continue, but I've made a chart to keep an eye on it.
تعليق:
I put on my tin foil hat again today after seeing the LUN price action. I remembered that LUN has had these movements before, after looking back on the daily chart LUN has seen large pumps 50-160% 5 times. I then looked at how the bitcoin price reacted in the following day and this is what I found:

01/6-01/10 LUN pumped 137.45% Next day (01/11) BTC -15.73%
01/27-01/29 LUN pumped 52.5% Next day (01/30) BTC -12.35%
02/23 LUN pumped 160.35% Next day (02/24) BTC -10.95%
04/03 LUN pumped 70.62% Next day (04/04) BTC -9.93%
05/13 LUN pumped 132.69% Next day (05/14) BTC ?_____?

This is likely just a coincidence and it cannot go on forever.
تعليق:
تعليق:
So...looks like the pattern played out this month, even calling yesterdays fractal with a correctional daily on the 4th. If it continues to the 6th I would look for 7160 range for a bounce.
تعليق:

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