BitShares / Bitcoin
Diupdate

BTS repeating pattern experiment.

156
So apparently past patterns can repeat again.

Well I have found one on BTSBTC that seems to be working out like the same time in 2016.

It started by finding a curving bottom and I wanted to see if that resulted in a rally. Examples will follow below.

So anyway we broke out of a falling wedge to the 70 ema. Now I expect a touch of the curving yellow line and then a potential 35% rally to the upside (via quick stop at the 200 ema and a .618 retrace) before we eventually break down and drift lower.

If history really does repeat itself then we shall witness it soon enough...
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here is the pattern from march 2016 that I am watching to replicate. cuplikan
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The curved bottom... cuplikan
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Curved bottom 2016 and subsequent breakdown... cuplikan
Trading ditutup: stop tercapai
Wow would you look at that!

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