ClayBear

Classic Parabolic Breakdown

ClayBear Updated   
BITSTAMP:BTCUSD   Bitcoin
Parabolas always fall %80 when broken. People think that crypto is different but it falls into the same psychological realm as any other asset that is traded by a large population.
Comment:
The parabolic break down should complete at 3933. The tool doesn't allow that type of precision.
Trade closed: target reached:
Bitcoin has reached the %80 mark and begun it's new ascent
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