BTCUSD Internal Fib Pattern + Cup & Handle
Some Bearish Patterns have emerged.
Daily is rounding over, lots of wicks on the 1 hour, price is reversing in the 61.8 retracement level.
Some serious bearish signs, I hope Mel Gibson is ready.
I have highlighted the Internal Fib pattern the 23.6, 9% bounce target is the 50% level around 16k (probably hit 10k)
The cup and handle may also play out, target is in the same general area.
Daily is rounding over, lots of wicks on the 1 hour, price is reversing in the 61.8 retracement level.
Some serious bearish signs, I hope Mel Gibson is ready.
I have highlighted the Internal Fib pattern the 23.6, 9% bounce target is the 50% level around 16k (probably hit 10k)
The cup and handle may also play out, target is in the same general area.
Comment:
Ouch!
