BTC FRACTAL CONTINUES... Hope you profited from previous trade!
What's coin on guys?
Here is an update to my previous fractal analysis. I think I see same behavior in this sideways movement as I saw in previous marked with blue circles. If I'm right this time as well, BTC may found short term bottom soon, somewhere in yellow circle area. But be carefull, this drop may be only a fractal of a big drop that is coming. One could never know that for sure...
I'm waiting for one more higher high today to confirm the fractal, and then i will enter a short position for a very short term and with very tight stop loss. My exit will be around yellow circle area.
Good luck!
Here is an update to my previous fractal analysis. I think I see same behavior in this sideways movement as I saw in previous marked with blue circles. If I'm right this time as well, BTC may found short term bottom soon, somewhere in yellow circle area. But be carefull, this drop may be only a fractal of a big drop that is coming. One could never know that for sure...
I'm waiting for one more higher high today to confirm the fractal, and then i will enter a short position for a very short term and with very tight stop loss. My exit will be around yellow circle area.
Good luck!
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Trade closed at 3498