Comp Short Term Short - Classical Middle Finger Pattern.

Crypto whales are in the process of forming the classic middle finger pattern on the Comp chart indicating a retest of the recent 163 local bottom.

The pattern is very similar to the BART and FireWorks patterns, often seen during bubble-like trading prior to large crypto dump due to bulls and bears having very diverging opinions on the underlying value of an asset.
s3.amazonaws.com/tra...shots/u/ufBKIseY.png

Commentaire:

Some people don't believe the middle finger pattern is real:

Commentaire:

Another classic middle finger pattern:

Commentaire:

Another middle finger

Commentaire:

Commentaire:

The middle Finger Pattern repeated as a fractal on BTCUSD

s3.amazonaws.com/tra...shots/j/JujVrlfd.png

Commentaire:

Commentaire:

Commentaire:

So far 10% swing on the the fourth finger.

Commentaire:

Another 8.97% swing.

Commentaire:

The pattern here is at risk of being invalidated. Here's the scenarios that could develop from here:

Commentaire:

s3.amazonaws.com/tra...shots/f/FnxPxuus.png

Commentaire:

Potential downward break...

Commentaire:

Multiple support lines need to break to complete the middle finger to double bottom pattern here...

Commentaire:

$36.89 move so far for a 17.79% gain down to 170.50. With less than only 4.36% left to the 163.38 target ($7.13) time to start taking profits and look for the next trade setup.

Trade fermée: cible de profit atteinte:

Target reached closing remaining positions.

Commentaire:

Perfect trade here was a $45.41 drop netting 22.39%