Chart posted 8-7-2021 approx 10:45pm ET - With no foreseen harmonics forming as of this time.. the top of BTC appears to be written in the stars to be 47000 give of take a few hundred dollars. The previous embedded harmonics- shark and cypher are complementing each other and giving signals to the top side- but after these rise to the stated price- there may be a sudden shift and a broad top may form at the price of 47k. This broad top will also be the culmination of a bearish shark- which is going to bring some violent downturn in price.. We can sit back and observe the price action. I am also going to time this top to take place around August 9-10 (vertical blue line).
Comment:
As price stagnates - I am seeing a 3rdpattern form, but again this pattern is confirming even stronger the top outlined in this chart. Nothing has changed in terms of the price call or time. The harmonics are reinforcing the 47-48k top. Right now.. if anything changes I will update.
Trade closed manually:
This am candle got within 300 dollars of the top called. I am expecting continued downside action from here.
Comment:
If price goes over 47k at this stage... BTC will remain long until 53.7k. However it has some struggle ahead. If price goes below 45k.. BTC will be full bearish.
Comment:
Very close to calling a long position... AGAIN if price breaks over 47k- this is POWERFUL LONG. The top here was met with a bearish pattern, but the pattern is holding bullish momentum so far... amazing.
Moorsc0de aka Crypt0nomics aka Zaphkiel
