It's a bird, it's a plane...nope, it's a BULLISH HARMONIC - BTC!
Hello friends!
A quick update to put to rest this nonsense about a head and shoulders!
Personally, I don't believe in chart patterns UNLESS THEY ARE BASED IN FIB
I noticed this pattern beginning to build on Bitcoin a few days ago, and sure enough, it does indeed meet the requirements for a Bullish Harmonic Bat,
THIS, is a pattern that successfully predicted the EXACT bottom on Bitcoin back in November, however this time it is reversed.
You may view that analysis HERE:
I don't have too much to say. I am still long from my entry at $7444 as outlined in our previous Bitcoin analysis here:
Good luck Traders!
A quick update to put to rest this nonsense about a head and shoulders!
Personally, I don't believe in chart patterns UNLESS THEY ARE BASED IN FIB
I noticed this pattern beginning to build on Bitcoin a few days ago, and sure enough, it does indeed meet the requirements for a Bullish Harmonic Bat,
THIS, is a pattern that successfully predicted the EXACT bottom on Bitcoin back in November, however this time it is reversed.
You may view that analysis HERE:
I don't have too much to say. I am still long from my entry at $7444 as outlined in our previous Bitcoin analysis here:
Good luck Traders!
Comment:
VOLATILITY VERY LIKELY TO START VERY SOON PLEASE KEEP AWARENESS AND USE STOP LOSS, HARD TO SAY EXACTLY WHAT WILL COME OF THIS, I WILL CONTINUE TO WORK ON LOOKING FOR CLUES
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