It's a bird, it's a plane...nope, it's a BULLISH HARMONIC - BTC!
Hello friends! A quick update to put to rest this nonsense about a head and shoulders! Personally, I don't believe in chart patterns UNLESS THEY ARE BASED IN FIB
I noticed this pattern beginning to build on Bitcoin a few days ago, and sure enough, it does indeed meet the requirements for a Bullish Harmonic Bat,
THIS, is a pattern that successfully predicted the EXACT bottom on Bitcoin back in November, however this time it is reversed. You may view that analysis HERE:
I don't have too much to say. I am still long from my entry at $7444 as outlined in our previous Bitcoin analysis here:
Good luck Traders!
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VOLATILITY VERY LIKELY TO START VERY SOON PLEASE KEEP AWARENESS AND USE STOP LOSS, HARD TO SAY EXACTLY WHAT WILL COME OF THIS, I WILL CONTINUE TO WORK ON LOOKING FOR CLUES
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.