Small Deep Crab Harmonic completion correlates with the completion of the larger Bat Harmonic pattern.
Possible retracement from the completion of the BAT and the large Cup which can form a handle.
Harmonic Bearish BAT Pattern has 3 Point of Reversal Zones, 1st one is about to be reached.
Possible retracement to complete the handle and the possible PRZ trigger for a shark harmonic, Overall the measured move from the cup n handle is confluent with PRZ (Potential Reversal Zone) of the large BAT Harmonic pattern
2 Pattern Targets got hit at the sametime, both cup and the shark harmonic pattern is essentially followed up with a retracement or even a short position for some traders
Upon completion of the Shark Harmonic + "Cup" there is likely a retrace of 38% -50%. The measured breakout from the "Handle" shares confluence with the completion of the larger BAT pattern at the .886 and completes the 5th minute wave of the primary 3rd wave in the Elliot wave count. Feedback is appreciated :)
Looking to complete a few of these Patterns. Great fundamentals and people's faith in BTC is displayed by this surprising move.
BTC is moving to breakout of the ascending triangle, Upon breakout price will advance to complete the Shark harmonic pattern followed by a retrace.