Holy DRK fractals!
From the 1-week chart down to the 30-minute chart... Fractals fractals fractals.
JL
Care to share a chart for a n00b to learn what you mean?
Fractals are chart patterns that show up on multiple time frames. The easiest example to give is elliot wave theory, although I'm personally not a huge fan... especially as it relates to crypto.
I'm far away from a computer to post charts however the gist is that the current 30-minute chart pattern resembles the 4-hour chart which resembles the 1-day chart which resembles the 1-week chart.
So you could almost say that whatever happens in the 30-minute timeframe (like a higher-high) will eventually work it's way up to the 1-week timeframe.
And while Elliott Wave is basically a big fractal, this has nothing to do with Elliott Wave.
JL
Um, elliott waves are the perfect example of fractals with waves inside each respective impulse and corrective wave to lesser and greater degree. I wasn't saying DRK was following any sort of elliot pattern, just giving an easy example of what fractals are.
Off topic, but what happened to your bearish BTC and all your wall street investors getting into SPR. lulz
Yes, Elliott Waves are great examples of fractals, just like fern plants.
No, luckily I didn't recommend any clients touch SPR... Lucky... I might for DRK here soon though.
And my bearish BTC call is still in full-force and I might take on some shorts at Bitfinex here.
And you're a supposed CTA or something, right? Let's see you make some predictions right here and now. What are your price predictions for BTC in short, medium and long-term?
