BTC (Y19.P2.E15).Short.Potential Harmonic pattern

As per chart, potentially BAT (or other) pattern, BUT requires some conditions to be met.
So far, not looking possible.

If we reach a formation that looks like a harmonic target, it paves the way for a more insightful Macro bottom range.

Another perspective

Commentaire:

Slowly coming along with RSI and Stochastic looking good on the hrly chart. Nice candle stick from a morning star

Commentaire:

Ordre annulé:

As the prerequisites failed, I shorted most of this trade at the 7350 range when it was evident that the 100 EMA was still acting as resistance.

Trade fermée: cible de profit atteinte:

The target was reached ... I went back in based on this tweet and how the price started to move twitter.com/IamCrypt...773769117696/photo/1

Commentaire:

Do you see the pattern

Commentaire:

Commentaire:

progress update. As you can see the lines drawn have been respected. Question is now, will it have enough bulls to push it to 7700 range (then a big rejection I expect).