#Bitcoin harmonic perspective that could see price reaching down into the $12k to 12.7k range. Watching for reaction if price bounces from the $29k area. Also observing the Wyckoff Distribution in this analysis as well for reaction zone confluence.
Trade active
Continuing to progress toward the reaction zone. Note
Interested to see what happens around $23,2k.Note
Price made it to the
29K area of interest and is now consolidating. There are a couple potential entry targets in the bearish direction that will complete the harmonic shark pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.