Bullish Harmonic Pattern in BTC

9 Mar 2018

Price retraced 50% of the bounce from 6k. We are now sitting on the 200 day moving average and a longterm trend line.
Good long entries after break of blue signal line and break out past the red log downtrend line.
Expect a strong move up to 24,000 if it breaks the red line.

10 Mar 2018

Not

if signal line doesn't break at 9k it could slide further down to 7,600

10 Mar 2018

Not

9900 needs to be broken before entering long.

10 Mar 2018

Not

alternative scenario: fakeout above signal line then drop lower to 7600

11 Mar 2018

Not

wait for activity above 9800 before long entries