C-D leg of bearish crab possibly forming.

Od mtphan20
I've plotted a possible bearish crab forming on BKKT. XABC could be near completion, leaving the C-d leg to trade. Earnings is in 3 days NOV 12. This could be the catalyst. Hidden bullish divergence also on the 4hr MACD. If the current level of $26+/- holds this would be a .786 retrace at C but could possible fall to the .886 which would be $23.50+/-. Volume is also beginning to curve up and Stochs and RSI are in favorable positions. Stop loss under $22.75 as the pattern is invalid. Long shot but HUGE gains if correct, 200% +. Time frame was estimated using distance between X-C. Good luck!
Chart PatternsHarmonic PatternsTrend Analysis
mtphan20

Wyłączenie odpowiedzialności