Hey everyone, i thought i would share this idea with you all.
On the 22 hr time frame i see a neil diamond pattern forming and price is right tight in the corner.
Ive not really sussed out these diamonds, wether they are reversal or continuation or wether its a diamond at all.
But i also drew out a fractal and it kind of plays out with the drop out of the diamond, so could we be seeing BTC at 25,100 then a retrace and down to 23400 ?
Or is it gonna pump to 31100.....
Also not the channel it is in, and also where the 200 SMA is floating, Probability suggests to me that BTC will follow the fractal, but it could easily fake out to 31100 to break back down.
peace and love everyone
On the 22 hr time frame i see a neil diamond pattern forming and price is right tight in the corner.
Ive not really sussed out these diamonds, wether they are reversal or continuation or wether its a diamond at all.
But i also drew out a fractal and it kind of plays out with the drop out of the diamond, so could we be seeing BTC at 25,100 then a retrace and down to 23400 ?
Or is it gonna pump to 31100.....
Also not the channel it is in, and also where the 200 SMA is floating, Probability suggests to me that BTC will follow the fractal, but it could easily fake out to 31100 to break back down.
peace and love everyone