BITCOIN: Double top possible + NAVARRO 200 bullish : Watch out!!BITCOIN: Double top possible: Watch out for 48,000 + NAVARRO 2000 bullish = 2 opposing patterns.
The Wolf of Zurich detected a possible double top on bitcoin
As expected, the 56,400 was reached perfectly thanks to my analysis.
The next levels are:
On the decline :
56,425 (again)
48,000
40,770
On the rise:
NAVAROO 200 bullish detected, and the price could reach $72,000 then $80,000
In addition, Be careful because there is a bullish divergence with the ROC!!
To watch the EMA 50 and 200, and the ICHIMOKU and Fibonacci levels
Navarro200
Longer term short on USD/SEK?Disclaimer: I have no idea what I'm doing so don't listen for a second about what I'm talking about. I'm just hypothesizing and learning.
My thoughts:
The week ending November 22nd saw the finalization of a Navarro 200 harmonic pattern on the weekly chart. Price since then seems to have rejected off the resistance at the 9.1/9.2 area that lends to the bearish downtrend. There is a bearish butterfly pattern followed by a double top on the daily, but as of now, the price has not broken below the neck. I would be entering a longer term short if it does so in the next few days. I will also wait to see what happens with the cup and handle chart on the 12 hour to see if things are thrown on their side in the short term. Might be able to scalp a long before a drop. The 1 hour appears to be in a nice bearish channel.
DN Delta 9 Cannabis ready to fly "high"Welcome to my DN Delta 9 Cannabis Analysis :)
This analysis shows two situations, once a Bearish Harmonic pattern and a Bullish Navarro 200.
The Bearish pattern would still have two targets Open:
0.215 CAD
0.070 CAD
If these targets are reached, I expect at the latest from 0.060 CAD with a very strong impulsive rise (possibly with a short squeeze by closing the short positions).
However, since a bullish pattern has already formed, the price could already rise now, the targets are the green price masks in the respective target areas.
Since this pattern can go even deeper, two more Varrianten projected in purple and gray, the corresponding price targets are in the corresponding colors in the target areas.
Point D Purple = 0.345
Point D Gray = 0.230
The massive pull back point is calculated from the Maximum Short Target, as from the intersection of a Bullish Start and Bearish Target Wolf's Mouth line ;)
If you liked this idea, I would appreciate a click on the Like button ;)
If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function.
Thanks a lot
Disclaimer:
Please keep in mind that this is a pure analysis and only reflects what my eye shows me ;)
This analysis is for informational purposes only and is scientific in nature.
This analysis is not based on any fundamental data!
This analysis is not an investment advice and should not be considered as a buy, sell or hold signal.
Always do your own research before investing and seek the advice of a qualified person.
I am not an investment advisor or similar and do not make any investment recommendation here.
LOCUSDT Reversal Bat and Navarro200 Harmonic LONG on the WeeklyLOCUSDT Reversal Bat and Navarro200 Harmonic LONG on the Weekly. Targets and stop loss on the chart. This trade is one week late, but we're only up 9% on the week.
Special circumstances. Fisher crossed up on the weekly. Its rage to catch this happen.