Autossimilarity in $BTC can show the way
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
BTCOn 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
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With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Feragatname
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