Well- we been seeing many of these.. see my other charts BCRX and Platinum.. just long term indicators of where short term money can be made. Eventually this will retrace hard at 4.55. Get in now (if not already) for sum easy profits- ENJOY! This is a bullish move up to 4.55 and if it completes should drop back down. After the pattern completes we shoudl observe...
We just finished a failed bearish butterfly pattern in BTC. This means higher prices to come.... Lets go BTC. BTC was previous stuck between a bearish crab that never completed and a bullish butterfly pattern... This formation confirms a strong move to the upside as bearish formations that fail- always lead back upward and can fake out the noobie.
Please like this if you agree. Possible announcement of General Motors developing ventilators for shortages in the US. What appears to be a bearish crab formation is forming in its early stages. There is potential for this to fail, but its right at the point of where it hangs and shoots up. The gains could be realized at minimum 18%. Crab formations can reverse...
In previous analysis we assumed an earlier bottom at the C wave for a Gartley Pattern Low..but as BTC would have it we went lower to 4k to finish off a Cypher Pattern Low Harmonic . The low was established for about a week and now the ralley back up on BTC has been strong to further show that the Cypher Pattern is in effect. Harmonics can be trickey when calling...
SVM has been in bear market, but may pickup steam with the need for precious metals! The shark Harmonic appears to be rallying even as the DOW tanks! There are some gaisn to be made! Note the embedded bullish crab pattern followed by a failed bearish pattern at its bottom - that may have thrown some people off on the bottom.
The previous SHARK formation can still be in play as mentioned before on prevuious charts.. however we can also see the Macro trends on this simplified chart.. playing out to a classic Gartley. Even if we break the Secondary support (listed here) the Bearish Gartley still conforms to the Trend Analysis setup. There is still plenty of meat on the bone for BTC, but...
Nothing special here, but it was mentioned we had a shark pattern formation... and it still has time to manifest, but many have overlooked the larger perspective concerning support and resistance.
See the previous Publish on Nestled harmonic to see larger moved. You were wondering where the rally was on BTC. It has not completed yet afterall- there is a Bearish Gartley preventing this..and is providing plenty of faking out to the LONGS on BTC. The Gartley in this case can complete or fail.. and still connect with the Bullish Shark- but only after it has...
We can see the Shark Formation started well back in early Feb.. that also contained a Butterfly Pattern. This Butterfly further confirmed that the Shark formation was in Play... It was only time that was required. There are other formation that determined the Shark bottom (not shown here).. but we can see the beautiful reversal. This Shark may play out to take...
Bullish Cypher pattern created in US STEEL... the 1 industry that ahs not benefited much from TRUMP Economy- is now starting to look like it wants to wake up!
Whats better than 1 pattern???.... than 2 nestled inside each other for faking out the shorters... LETS GO! Nestled harmonics are common in crypto and a trained eye seeing them can prepare. In this case the Bearish Cyper is nestled inside the Bearish Shark pattern. Both Bearish so the inevitable drop at 13.2k BTC will happen.. however there could be turbulence and...
Typically a Bullish Shark has more specific measures, but this one appears to be forgiving on XRP as the XC leg has extended down further than it should have, but the results are the same! GAINS!
HERE WE CAN SEE A BULLISH GARTLEY EMBEDDED WITHIN A BEARISH CYPHER HARMONIC PATTERN. THE BULLISH GARTLEY COMPLETED SIGNALLING A FAKE RUN-UP IN BTC.... ONLY FOR THE BEARISH CYPHER TO FINISH THAT RUN UP AND SEND BTC TO A BEAR MARKET. HARMONICS ARE NOT ALWAYS STANDALONE. THIS PATTERN SUGGEST A VERY AMBIGUOUS MOVE AT THE 8450 MARK OF BTC. BUT THIS IS ONLY A VERY TINY...