Bitcoin in Potential AB=CD

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello still on same view, as I expect major correction to be done on BTC . I spotted potential harmonic AB=CD pattern and as well a bearish Pennant pattern.

The pattern Target is shown on the chart. I will keep the thread update as much as possible.

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Thank you

It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active: We finally break down

Trade active: Some of my previous BTC view

Trade active: I believe those that follow all my post should be in good profit shorting right now. Thank you guys.

Moreso, remember I posted about the drop first. Below are my warning post about the potential BEAR ATTACK.

Trade active: After price breakdown the bearish pennant, it attempted pull back and I spotted this type of wave count from there. Check it out.

Trade active:
Trade active: Trade in progress

Trade active: Hello friends, kindly keep an eyes on the above level if price break through it may likely turn market to bullish and target will be around 53xx$.

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lets hope this bottoms at 1500
+1 Reply
weslad BlockchainYahoo
@BlockchainYahoo, it will be lovely although may be in our dream. Lol
Is this AB=CD still legit while we have resistance at 5200?
weslad Cpt_Leonid
@Cpt_Leonid, yes it is but depending on if the resistance going to hold or not. If hold the pattern still remain valid.
weslad Cryptalion
@Cryptalion, thanks for sharing your view with us
btc respecting the trend channel
weslad Velasco
@Velasco, thanks for sharing your view with us
trade active
weslad hamie101
@hamie101, yes of course, its active
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