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bright_infinite

Bitcoin Violent contraction before Expansion

Bitcoin (BITSTAMP:BTCUSD)  
bright_infinite Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD BTC
5
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trendanalysis chartpattern btcusd btc
All the meaningful moves are preceded by violent contraction, just like when a baby is born. This is by no means thorough or granular, but is meant to show how the current structure has played out with regularity over bitcoin's history.
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A less cluttered look.
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Obviously I didn't box out the recent pump to 19.8K and violent contraction to 3.1k. that one is pretty obvious.
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Target reached. Let’s see if we launch or continue down a level. Obviously I’m a go for launch.
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bottom of the target zone. indicator confluence. let's see what happens!
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Duly noted on the "wick" down before expansion.
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c'mon baby.
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