tnewdigate

Bitcoin accepted the Elysian Spirit Shield pattern, but...

tnewdigate Updated   
BITFINEX:BTCUSD   Bitcoin
As you can see on the day chart, BTC has accepted the markets offer for an Elysian Spirit Shield pattern, but will it really absorb 15% of the damage like we've seen throughout history?

The day chart shows something different. This is merely a quick rally above the CRL (crystallized resistance line) that it sure to shatter under the pressure the bears are putting on the constringency plate.

Using Emera's Theory and a calculator app, it doesn't take much to find that we should expect to see $3000-3200 within the next 2-4 days.


If the Spirit Shield won't keep BTC safe, why would it protect you? Keep your eyes peeled in case you see any bears. On the crypto market and maybe in real life too. They're fast and may not be a normal occurrence in your area. That could cause some confusion and I recommend looking up the steps to keep you and your family safe should you encounter one.
Comment:
This is going according to plan perfectly. :)
Comment:
This has been absolutely amazing. It seems BTC has accepted the Elysian Spirit shield and regained its current position. Trade according to the 15% absorption rate.
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