Subminuette wave C within subminuette wave 2 in Minuette/Minute wave 3 was extended and completed on December 30.
On the smaller time frame an inverse Head & shoulders also formed. The low of the left shoulder was on December 28 and the breakout of the neckline was on January 1st 2023 at 22:00(10pm) EST on the hourly chart.
Bitcoin has also formed another Bullish Exotic Dragon Pattern, Peak of Minuette wave C = Dragon Head December 14 2022 & first leg on December 19. Then hump formed and second leg was printed on December 30 2022. The target zone is the head and within the approximate price of 18k.
In conclusion, we appear to have gained a little wind in our backs concerning the bullish stance and patterns in Bitcoin at this juncture, in my humble opinion. HAPPY NEW YEAR 2023 !!!
On the smaller time frame an inverse Head & shoulders also formed. The low of the left shoulder was on December 28 and the breakout of the neckline was on January 1st 2023 at 22:00(10pm) EST on the hourly chart.
Bitcoin has also formed another Bullish Exotic Dragon Pattern, Peak of Minuette wave C = Dragon Head December 14 2022 & first leg on December 19. Then hump formed and second leg was printed on December 30 2022. The target zone is the head and within the approximate price of 18k.
In conclusion, we appear to have gained a little wind in our backs concerning the bullish stance and patterns in Bitcoin at this juncture, in my humble opinion. HAPPY NEW YEAR 2023 !!!