capsule91
Long

Stepping Stone Reaccumulation continues in Bitcoins?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The mssive drop we seems to be a small piece of a bigger picture ...
A successful test on the previous reacculumation formed support and a small accumulation in the seling climax region , raises the suspicion of another reaccumulation on the bigger time frame about to happen...

test=
acc in the sclx region=
Targets for the upside will be updated with time..
Meanwhile the present provisional target is based on old data and a cypher pattern , whose potential reversal zone is around 10.5k...
Disclaimer.. Not an investing/trading recommendation
Apr 27
Comment:
Apr 27
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Apr 29
Comment: point and figure chart update of targets from the provisional, not much difference though..
https://invst.ly/7b4i7
Apr 30
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May 03
Comment: target revised up 100$

10540...
here is the point and figure chart after markup
https://invst.ly/7crpv
May 04
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May 05
Comment:
well charted bro
Reply
capsule91 BarrenWaffe
@BarrenWaffe, thank u waffe!
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Yes. That fractal. Says it all, I believe.
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capsule91 Majed-al-Citadel
@Majed-al-Citadel, yeppss... had a lil deviation though, but who cares now.....
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@capsule91, I also believe that to be correct. Solid work.
Reply
@capsule91, pretty slick how the deviation wound up converging to the same target at around same time.
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