BTC (Y19.P2.E15).Short.Potential Harmonic pattern
Updated
As per chart, potentially BAT (or other) pattern, BUT requires some conditions to be met.
So far, not looking possible.
If we reach a formation that looks like a harmonic target, it paves the way for a more insightful Macro bottom range.
Another perspective
So far, not looking possible.
If we reach a formation that looks like a harmonic target, it paves the way for a more insightful Macro bottom range.
Another perspective
Note
Slowly coming along with RSI and Stochastic looking good on the hrly chart. Nice candle stick from a morning star Note
Order cancelled
As the prerequisites failed, I shorted most of this trade at the 7350 range when it was evident that the 100 EMA was still acting as resistance.Trade closed: target reached
The target was reached ... I went back in based on this tweet and how the price started to move twitter.com/IamCryptoWolf/status/1202175773769117696/photo/1Note
Do you see the patternNote
Note
progress update. As you can see the lines drawn have been respected. Question is now, will it have enough bulls to push it to 7700 range (then a big rejection I expect).
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.