2 Bearish Cypher Patterns Bitcoin selling off C wave to $35k tgt
Updated
This chart is part 2 of my call of Bitcoin retrace 15k
The 1st bearish cypher pattern had a successful retrace to B leg, and a bounce resulted. This 2nd bearish cypher pattern, will not hold the retest to the b leg, in fact it will breakdown to the bottom of the trendline of the triangle around $35, and possible revisit 30k
Please see the link to the original chart.
The 1st bearish cypher pattern had a successful retrace to B leg, and a bounce resulted. This 2nd bearish cypher pattern, will not hold the retest to the b leg, in fact it will breakdown to the bottom of the trendline of the triangle around $35, and possible revisit 30k
Please see the link to the original chart.
Note
apex breached on 30min time frame Trade closed manually
Trade active
short is back on
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