Hey!
So this one seems very interesting! as we consolidate into this wedge, i am seeing the previous bearish and bullish harmonic patterns overlapping and merging. This is the white and red traces. Whats wild is that when I locate our current spot (lightning bolt) on either of those traces, and try to work forward or backward to to verify the fit, I find that we are meeting our current location in the other harmonic patter with in one wavelength... so this makes it really hard to predict which out come is more likely... it keeps flipping between the two like a holographic image. i believe this is the nature of a consolidation.. the competing patterns start to overlap and merge as it squeezes into the point.
I will note that the Bullish pattern favors the long range projection in dark grey.
Who else looking a this bitcoin post is excited about DOGe Coin?!?! Comment below!
Good Luck!
So this one seems very interesting! as we consolidate into this wedge, i am seeing the previous bearish and bullish harmonic patterns overlapping and merging. This is the white and red traces. Whats wild is that when I locate our current spot (lightning bolt) on either of those traces, and try to work forward or backward to to verify the fit, I find that we are meeting our current location in the other harmonic patter with in one wavelength... so this makes it really hard to predict which out come is more likely... it keeps flipping between the two like a holographic image. i believe this is the nature of a consolidation.. the competing patterns start to overlap and merge as it squeezes into the point.
I will note that the Bullish pattern favors the long range projection in dark grey.
Who else looking a this bitcoin post is excited about DOGe Coin?!?! Comment below!
Good Luck!