The below chart of Global Currency Reserve (GCR/BTC) is quite unique in the sequence of fractals. Even in these, the hurry up, vertical nature of the price rises are followed by the longer and wider corrections. A precision execution of the Hurry Up & Wait Syndrome.
When viewing the MACD, there was a point of consolidation (blue circles) before the near vertical rise in price and MACD. There is a cycle being played out in both price and MACD and the frequency of this cycle is naturally very fractal. Given the current price sitting on the bottom trend line support and MACD consolidating...in which direction is most likely for the next price movement?
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Elliott Wave Counting Tutorial #1
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