BEARISH ON THETA/BTC
Hello Traders,
Large H+S on THETA/BTC pair just as BTC.D is ripping.
Large H+S on THETA/BTC pair just as BTC.D is ripping.
Not
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.Not
Its below the 0.618. Not
The 0.786 target.Not
This retrace still does not feel right, im still bearish. Not
In my head Not
This could be the last leg of this retrace.Not
As I expected 1 more move down. I reckon Theta has completed the retrace onto the 0.786 retrace. I would have expected the final 5th wave of a C Wave retrace to be deep but this one looks kind of short and stubby. Not
That bull div on the weekly looks like confirmation of momentum change.
Feragatname
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