BEARISH ON THETA/BTC

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Hello Traders,

Large H+S on THETA/BTC pair just as BTC.D is ripping.



Ghi chú
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.
ảnh chụp nhanh
Ghi chú
Its below the 0.618.
ảnh chụp nhanh
Ghi chú
The 0.786 target.
ảnh chụp nhanh
Ghi chú
This retrace still does not feel right, im still bearish. ảnh chụp nhanh
Ghi chú
In my head ảnh chụp nhanh
Ghi chú
This could be the last leg of this retrace.
ảnh chụp nhanh
Ghi chú
As I expected 1 more move down. I reckon Theta has completed the retrace onto the 0.786 retrace. I would have expected the final 5th wave of a C Wave retrace to be deep but this one looks kind of short and stubby.
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Ghi chú
That bull div on the weekly looks like confirmation of momentum change.
CryptocurrencyFibonacciHead and ShouldersSupport and ResistancethetaTHETABTC

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