Tagged 3 places on the chart so you can see the fractal more clearly
Next moves suggested by the fractal is a down move but I don't think that we will necessarily see a move like that for 2 reasons:
1)we have tested the blue line, the high of the previous consolidation.
2)we have more stable price action and volume
As you can see, the price of btc at this period in 2017 is ~4k. This should give you some idea of where we may find ourselves in the not so distant future in terms of price.
Either way we go up.
not financial advice.
stay safe.
Next moves suggested by the fractal is a down move but I don't think that we will necessarily see a move like that for 2 reasons:
1)we have tested the blue line, the high of the previous consolidation.
2)we have more stable price action and volume
As you can see, the price of btc at this period in 2017 is ~4k. This should give you some idea of where we may find ourselves in the not so distant future in terms of price.
Either way we go up.
not financial advice.
stay safe.
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