The DRK chart is only since April 23
Topic: Bitcoin-like fractal patterns appearing in alternate cryptos (Read 820 times)
I like the all-time 12-hour DRK (top) and Weekly BTC charts. Almost identical during the boxed times
The DRK chart is only since April 23
The DRK chart is only since April 23
Bitcoin has gone through many of these fractals already, (and likely is in a large-scale one now). They're one of the coolest (because they can be ridiculously accurate) and sometimes scariest (because they can stop being accurate and all hell can break loose) phenomenons that occurs naturally in the environment and in stocks/bonds/currencies/etc.
I just found this one in Darkcoin. Essentially, the April to August price and volume action has copied the April 21-May 3 timeframe. Personally, in my all my years of working in investments I've seen many price fractals but never seen price with volume fractals.
We'll see if this fractal plays out in DRK in the coming weeks or if it craps out.
I'm curious if these fractals have mainly played out accurately for Bitcoin or if anyone can point out fractals in any other alternate Cryptos (LTC, perhaps)?
JL
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