BTC - Head and Shoulders Bear Trap Reversal - Take 3
Third Analysis of potential Bear Trap H&S Reversal.
Key:
Vertical dotted lines = weekly close
Vertical dashed lines = mid week point
Horizontal purple lines = Fibonacci levels
Horizontal blue lines = Price levels
Orange line = 77 SMA
Yellow dotted lines = Gann Fann
Dashed white line = Bear trend resistance
Purple arrows = Price action prediction
Key:
Vertical dotted lines = weekly close
Vertical dashed lines = mid week point
Horizontal purple lines = Fibonacci levels
Horizontal blue lines = Price levels
Orange line = 77 SMA
Yellow dotted lines = Gann Fann
Dashed white line = Bear trend resistance
Purple arrows = Price action prediction
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Resistance breakout, I didn't expect a breakout for a while longerNot
Not
Potential resistance testNot
ADX = 50, RSI overbought, should pullback to point of control at around 3800 Not
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Bull channel Not
Potential cup and handleNot
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12 Days, 200%Not
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Nested Head and Shoulders Reversal PatternNot
$12,000 in 12 DaysNot
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Head and Shoulders may be off but the outlook is still bullishNot
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Gann support holding Not
Bullish MACD on 343 min Not
Still looking at 12K, but now seems more likely to hit at the end of the month. Not
Circle indicates open of the NASDAQ, likely to begin the bull run in bitcoin as traditional markets begin deleveraging. Not
Not
Adjusted Gann Fan Not
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NASDAQ premarket open Not
Still bullish Not
Daily divergence indicators remain bullish Not
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3 attempts at bearish break can often signal a coming bullish break Not
BTC over 4K and through down trend resistance as the Dow Jones opens below the phase 4 trend line Not
Potential H&S Not
RSI support on trend 
Feragatname
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