#2 - BTC 4hr Medium Term Harmonic Bat - 26th MAR
Here we examine BTC on the 4hr Bitfinex Chart.
Showing a possible scenario based on:
• Falling volumes
• Bearish Divergence RSI
• Valid Harmonic Bat Pattern (3rd or fourth repetition of a similar Pattern since Sept/Oct 2017)
• Finding Support at the hard rising trend Line
One would expect a substantial bounce from this region, so maybe don't get greedy. Not Financial advice.
Created by XRPcharts - A public project aiming to keep success rate above 66%.
Showing a possible scenario based on:
• Falling volumes
• Bearish Divergence RSI
• Valid Harmonic Bat Pattern (3rd or fourth repetition of a similar Pattern since Sept/Oct 2017)
• Finding Support at the hard rising trend Line
One would expect a substantial bounce from this region, so maybe don't get greedy. Not Financial advice.
Created by XRPcharts - A public project aiming to keep success rate above 66%.
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