Capitulation in April - Harmonic Patterns + Pennant

30 thg 3, 2018

This triangle in BTCUSDT shows an upcoming dump to occur in the month of April or less likely at the beginning of May.

This triangle will dump BTC to 4-5k and I expect the whole market to have a big bounce towards those levels.

Within the next week, I expect a possible bounce to 8k maximum. The bounce will happen cause the fractal harmonic pattern shown will likely take btc back to that level. I am going to short BTC once more as soon as the price reaches this area.

Good luck!

30 thg 3, 2018

Ghi chú

We could be having a double bottom now.

30 thg 3, 2018

Ghi chú

A triangle seems to be forming.

31 thg 3, 2018

Ghi chú

It's a falling wedge reversal pattern I think.

1 thg 4, 2018

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Possible bear flag forming. Next move should be downwards.

1 thg 4, 2018

Ghi chú

After the bear flag pattern worked out and Bitcoin dumped to lower levels (-8%), we have just had a strong bounce. There is a small bull flag that might play out, although I wouldn't go long.

1 thg 4, 2018

Ghi chú

Bull flag pumped. Now looks like a rising wedge.

3 thg 4, 2018

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The rising wedge dumped but price action eventually started moving upwards. I think that BTC's price will go maximum to 7900 in this bounce. Then it will dump again once more.

4 thg 4, 2018

Ghi chú

DIdn't even make it to 7900. It is already dumping because of a Bearish Harmonic Pattern that was formed in the last 24h.

4 thg 4, 2018

Giao dịch đang hoạt động

A right-angled broadening bottom just appeared!

4 thg 4, 2018

Ghi chú

Thinking of going long here:

5 thg 4, 2018

Ghi chú

Bitcoin is creating a diamond bottoms pattern. A reversal to the bearish downtrend should be coming in the next hours.

5 thg 4, 2018

Ghi chú

A better look at the diamond reversal pattern.

6 thg 4, 2018

Ghi chú

BTCKRW might be creating a bullish alt bat.

9 thg 4, 2018

Giao dịch đang hoạt động

Aaaand we bounced. Seems like a Bearish Harmonic Pattern is shaping up.

18 thg 4, 2018

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Price is bouncing as expected. Still within triangle. Big bull trap so I doubt we'll see BTC going past 8600 at this point.

20 thg 4, 2018

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We're at the resistance level of the triangle. This is the moment of truth. I expect BTC to go down right now.

20 thg 4, 2018

Ghi chú