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capsule91
Apr 27, 2018 4:14 AM

Stepping Stone Reaccumulation continues in Bitcoins? Long

Bitcoin / DollarBitfinex

Description

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

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point and figure chart update of targets from the provisional, not much difference though..
invst.ly/7b4i7

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target revised up 100$

10540...
here is the point and figure chart after markup
invst.ly/7crpv

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Comments
BarrenWaffe
well charted bro
capsule91
@BarrenWaffe, thank u waffe!
Majed-al-Citadel
Yes. That fractal. Says it all, I believe.
capsule91
@rm-rfmcc, yeppss... had a lil deviation though, but who cares now.....
Majed-al-Citadel
@Sandipan.mch, I also believe that to be correct. Solid work.
Majed-al-Citadel
@Sandipan.mch, pretty slick how the deviation wound up converging to the same target at around same time.
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