BTC/USDT 4H - Bearish Harmonic Pattern Forming
A potential bearish harmonic pattern is forming on the 4-hour chart for Bitcoin. After reaching point C near the 84,500 level, the price shows signs of rejection and could complete the D leg around the 76,000–78,000 zone.
Watch for confirmation before entering short positions. A break below the neckline may trigger further downside movement.
A potential bearish harmonic pattern is forming on the 4-hour chart for Bitcoin. After reaching point C near the 84,500 level, the price shows signs of rejection and could complete the D leg around the 76,000–78,000 zone.
Watch for confirmation before entering short positions. A break below the neckline may trigger further downside movement.
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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.
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.