COINBASE:BTCUSD   Bitcoin

🧵 Trading Session // Bitcoin

Master Trading Plan: Most traders who fail do not have a clear plan.
Bitcoin might retest the weekly MA200 which is our significant support at $21800. Additionally, Bitcoin might create a cypher harmonic structure.


The Basics of Cypher Harmonic Pattern
• B must reach the 38.2 retracement of the XA leg but not exceed 61.8.
• C must reach the 127.2%% extension of the XA leg but not exceed 141.4.
• The PRZ can move anywhere between 38.2 to 61.8 percent.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.