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thetrichter

Scary similar fractal for Link/BTC

Alış
ChainLink / Bitcoin (BINANCE:LINKBTC)  
thetrichter Güncellendi   
BINANCE:LINKBTC   ChainLink / Bitcoin
Trend Lines Fractal Wedge
10
3
trendline fractal wedgepattern
Would be crazy if this fractal plays out like last time. Timeframes are a bit different but market structure basically is the same like back in Summer 2019. Both corrections came after setting a new all time high.
Yorum:
Nasty wick to the downside which touched the previous cycles´ all-time high at 56500 sats, exactly like in September 2019. If the daily candle closes inside the triangle (>62000 sats) the fractal is still valid. I would only go long here if it closes above the upper trendline (>68000 sats).
Yorum:
We got a clear close below the lower trendline. So this idea is not valid anymore. We might be headed towards weekly support levels around 52000 Satoshis.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.