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firmestudio
Mar 17, 2023 5:17 AM

A diamond is about to shine! Short

Bitcoin / U.S. dollarBitstamp

Description

The price action is printing a peak formation making an iv wave of a potential expanding diagonal ending. This contractive path suggests a possible diamond pattern to be formed, in which structure price can form a counter triangle. The expected swing down tends to led the price to extend an 2.618 Fibonacci ratio of a potential Harmonic Bat C-D leg @ pivot support level, as shown on this chart.
Comments
WillTMoney
There is no doubt the pattern is there 100% ..We'll see what it decides to become. I'm hoping for one more leg down before up.
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