BTC Reversal?
Hey Mitch, can you tell me if I'm doing this right? BTC on Coinbase daily shows Bearish Crab from January 15th to February 8th. Rising Wedge, resistance from January 19th touching X to B on the crab, support starting from C on the Crab january 28th. 4 hour chart shows Bearish Butterfly from February 14th to February 16th near the Apex of the wedge. Potential Bullish cypher developing on 4 hour since right before the MACD peak, tracing a potential head and shoulders where AB equals shoulder to neck and BC equals neck to potential head
Downside pattern Breakout around $49300, .236 retracement from February 8th open to yesterday's high
Upside pattern breakout around $53500, top of upsloping resistance
Downside pattern Breakout around $49300, .236 retracement from February 8th open to yesterday's high
Upside pattern breakout around $53500, top of upsloping resistance
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