Was just playing around with the DGB chart and noticed this cool fractal.
The charts shows the current price action with the zoomed in region outlined in the red box. You can see that the green boxes are the initial pre-pumps for the cycle. The yellow boxes shown when the cycles top followed by a complacency rally. The orange boxes show the price bleeding out into consolidation. This consolidation is followed by a confirmed reversal on the daily. The blue box shows what happens next.
Will DGB complete this fractal and follow through with what happened in the last blue box?
Do I have fractal fever? Because looking at this chart I see either a massive bull-trap or an upcoming Mars mission.
Here is a recent DGB post I made, check this one out too.
https://steemit.com/bitcoin/@bitinformant/digibyte-dgb-looking-like-a-good-buy
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I was also looking fractically at the DGB charts today.
The pattern is 1-2-3/small-medium-large. but years from now what looks like a huge mound of capital, will only be a footnote in an even more massive mound of capital. So the entire chart will itself might be bump #1/small bump, of a much larger 1-2-3 pattern. That pattern would technically be a fractal; where you can zoom in and out and always see the same 1-2-3 bump pattern. It would also mean that DGB will be worth magnitudes more!
Edit: well, I guess that's basically what you just said lol. Anyways, it does look promising! Considering I just got into crypto in the middle of May, then my coins all lost value a week later when the market tanked, I'll be happy just to break even xD
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Yea, totally understand. I was focusing on the more short-term outcome but I surely think the peaks we see today will be tiny "bumps" when looked at years from now. Just look at the cycles and fractals within the full Bitcoin chart.
I generally think that most good cryptos will be worth magnitudes more years from now.
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Finally it seems to take off! hopefully to the moon!
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Waiting for Big Daddy BTC to decide direction first!
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