Moorsc0de

BTCUSD-short term long

Long
GEMINI:BTCUSD   Bitcoin
An expected and upside formation has already begun.. and is taking its time as most bullish crabs do. However this smaller bullish crab sits on the major 50% retracement mark- and is also what will complete the bearish crab pattern that is on its last leg... so the gunpowder is already there for this to go upwards when the pattern completes. This short term move takes us up.. but the Major pattern takes us to the moon. It will be very jerky on the way up.. HODL'ers will have no problem.. those unfamiliar with harmonics may lose out on some heavy gains. Remain patient... Get those PROFITS. I will be surprised if this goes below 9k- so much support here.

Remember there are 2 longs here- the short term ( Bearish crab takes us up to 99-10k range). and we will more than likely see a weak downside action and what I am thinking will be a consolidation (not a reversal).... before rallying back up to 11.4k (not shown here)... its at this stage we will start to reverse back down and cool off- entering the BTC bear cycle before we ramp back up. This can take place over the next 2 weeks or next 2 months- its BTC . Just be sure to collect all your profits before checking out on BTC .

Moorsc0de aka Crypt0nomics aka Zaphkiel
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.