BITCOIN chart | Bitcointalksearch.org

The below chart shows a potential fractal of price swings. The white circle contains three arrowed lines and the blue circle outlines a similar fractal. It would be interesting to see how overnight price behaves. The lower white line of the triangle needs to hold against decisive breaches. As a support or resistance is touched, each time weakens it. Most often, the support holds longer than the sellers' stamina; however, they do at times get breached.

I've included multiple support zones, three of which interect the wedge pattern. The fourth aligns well to the apex. These support zones could be use to establish rungs for the first ladder buy zone. I strongly urge laddered ladders! In other words, the wallet of available cash can't be emptied in the very first ladder. Use of multiple ladder zones is most ideal.

Topic: BITCOIN chart (Read 88 times)