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Swanpattern

GreyScale BitCoin Trust (GBTC) I have never has any interest in Bitcoin nor its derivatives. I like the technology but believe we are still in its early days. That is not to say however I don't follow it. One equity way to position a Bitcoin view is with GreyScale Bitcoin Trust. So currently on a weekly basis there there are two current bullish harmonic Patterns in play ... A Gartley and a Black Swan. Additionally there is also evidence of a bullish Wolfe Wave in play which I have marked with a time and a target. Our final inspection shows an upsloping Andrews Pitchfork which is also has been marked. IMHO this technical analysis evidence suggests we have formed or in the process of forming a significant bottom. That said, I will watch an comment on its progress. BTC may have one final push down to the $23,000 so my game plan is to enter an established GTBC rally just under the $23 level with a stop at approximately $the $17 level. My target is around the $34 level. If it works out that's good.. This is educational investment advice. Do your own due diligence and respect market trends and conditions which as any student of the crypto space can change rapidly . See you in September. S.
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by Steve666
2
Perfect automated detection of BlackSwan pattern - ShortA Bearish-type BlackSwan pattern occured within the resistance zone of 84.90-85.10. (In this resistance zone , there was a rebound in 25 Feb 2021) Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 83.90-94.10. If it rises above the resistance zone 85.10, consider Long. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Short
by HarmonicLab
Perfect automated detection of BlackSwan pattern - ShortA Bearish-type BlackSwan pattern occurred in the wide resistance zone. If it falls below BlackSwan's B point again, a small head and shoulder is completed on the daily chart. In that case, aim for Short. But note the resistance zone around fibonacci 38.2%. On the other hand, if it exceeds Black Swan's D point, Long is possible, but be careful because it is still in the resistance zone. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Short
by HarmonicLab
4
Perfect automated detection of WhiteSwan pattern - ShortA Bearish WhiteSwan pattern occured within the resistance zone of 1.265-1.293. And a Bearish type Bat pattern also occured on the weekly chart. If it exceeds the resistance zone, consider Long. However, since the Bearish Bat pattern also occurs on the weekly chart, be careful of the downward reversal after breaking through the zone. After confirming the repulsion in the resistance zone, aim for Short. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Short
by HarmonicLab
1
Perfect automated detection of BlackSwan pattern - ShortA Bearish type BlackSwan pattern occured within the resistance zone of 0.794-0.809. (In this resistance zone , there were rebounds in May 1996-Mar 1997, Feb 2004, Nov 2004, Mar 2005, Jan 2007, Aug 2007, Jun 2009, May 2010, Jan 2015, May 2015, Jul-Sep 2017, Jan 2018) If it falls below BlackSwan's point C (0.75636), consider Short further. If it rises above BlackSwan's point D (0.80072), consider Long. If it exceeds 0.8200, consider Long even more strongly. If it does not exceed BlackSwan's point D, a double top will be completed around 0.8000, so consider Short. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
Short
by HarmonicLab