Man0war1983

BTCUSDT - Mid Cycle Top

Man0war1983 Uppdaterad   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Here BTC shows us that once it tops the legacy trendline a +50% correction is imminent.
However, following these moves a massive upswing takes place.
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Above is a different perspective of the same chart. On the Weekly timeframe i pulled a bar pattern starting from 01/28/2019 and compared it to now. Looks like a clear fractal is playing out and it also lines up pretty well to the target box.
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Above is a similar chart that incorporates S2F. Read the description to understand why each mid cycle top also represents the following cycle bottom. (green arrows)
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