Autossimilarity in $BTC can show the way

١٧ أغسطس

This is a really amazing example of fractal and autossimilarity in BTC

On the panel above, a broadening downard formation in a 2 day timeframe, and on the panel below, the same broadening downward formation, but in the 3 hour timeframe

This kind of pattern usually breaks out upward and the target is the height of pattern

A increasing volume is expected here to signal the breakout upwards

Interesting is that what will happen to the 3 hour timeframe will repeat on the 2 day time frame

So keep a close eye to the performance of the short term: because of autossimilarity, long term will copy the movement

On short time frame, volume is increasing, signaling a very possible break upwards; on the long time frame volume is making a 'U', but now ascending