Bat pattern forming on the BTC/USD shorts chart. Short squeze coming followed by a huge drop to 5k bitcoin ? Let me know what you guys think.
As you guys can see there is a possible eliot wave forming. i see xrp going to $0.385. It depends if bitcoin is going to form a head & shoulders on the 4h chart. (see previous btc/usd chart) followed by a last free fall to $0.215 as a bottom. worst case scenario : $0.17 let me know what you guys think. kind regards.
Some directions where bitcoin can go atm. I see a H&S pattern on the 4h chart too. feel free to comment any other solutions. kind regards
As you guys can see there is 1 more move left for xrp/btc.
There was a symmetrical triangle with a fake breakout. We can look further to short now to $5800
As you guys can see there is an eliot wave pattern in bitcoin. the last leg is ready to form. there is a 6-7 leg possible as an extension to $4500.
If we break the daily support level we can go back again for the rest of the upcoming week.
Head & shoulders pattern on bitcoin. There is a lot of support @7400 so i expect it's going back to this level.
Every pump or dump was on every 6th of the month.. today we are the 6th of June and nothing happend.. so the structure and bots from bank are changing there tactics. what can happen in the future is a fake breakout later on this month to return into his symmetrical triangle to start another bull run. What also can happen is a next bear market to 3000/4500 dollar.