2 Bearish Cypher Patterns Bitcoin selling off C wave to $35k tgt
This chart is part 2 of my call of Bitcoin retrace $15k
The 1st bearish cypher pattern had a successful retrace to B leg, and a bounce resulted. This 2nd bearish cypher pattern, will not hold the retest to the b leg, in fact it will breakdown to the bottom of the trendline of the triangle around $35, and possible revisit $30k
Please see the link to the original chart.
The 1st bearish cypher pattern had a successful retrace to B leg, and a bounce resulted. This 2nd bearish cypher pattern, will not hold the retest to the b leg, in fact it will breakdown to the bottom of the trendline of the triangle around $35, and possible revisit $30k
Please see the link to the original chart.
Comment:
apex breached on 30min time frame
Trade closed manually
Trade active:
short is back on
