Brace for impact - Bitcoin looks to be completing mirror pattern

Bitcoin looks to be completing mirror pattern almost identically
Comment: We've continued sideways instead of dipped down as expected. All options still seem in play here because resistance at 11800 has once again held for at least the sixth time. Most likely options are remaining in the sideways channel or completing the head and shoulders decline as the chart setup shows.
Comment: Not following the expected trend path as it wants to remain sideways, but it has been slowing falling from the predicted high point. We may still be heading for sub $10000k but it in a longer timeframe
Comment: This is why TA is not an exact science. Was wrong here with the prediction, but what can be learned? This was simply the prediction if the bearish trend was to continue. That it rejected the trend would give immediate confirmation we were turning bullish which is what eventuated. In all movements we are looking for bullish pattern and a bearish pattern to emerge
What is a mirror pattern?
jimo79 whoisthelorax
@whoisthelorax, repeats the previous half course but in reverse. Really what I mean is a head and shoulders pattern
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out