BTC (Y19.P2.E15).Short.Potential Harmonic pattern

Zaktualizowano
As per chart, potentially BAT (or other) pattern, BUT requires some conditions to be met.
So far, not looking possible.

If we reach a formation that looks like a harmonic target, it paves the way for a more insightful Macro bottom range.

Another perspective
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Slowly coming along with RSI and Stochastic looking good on the hrly chart. Nice candle stick from a morning star
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Anulowano zlecenie
As the prerequisites failed, I shorted most of this trade at the 7350 range when it was evident that the 100 EMA was still acting as resistance.
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Transakcja zamknięta: osiągnięto wyznaczony cel
The target was reached ... I went back in based on this tweet and how the price started to move twitter.com/IamCryptoWolf/status/1202175773769117696/photo/1
Uwaga
Do you see the pattern
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progress update. As you can see the lines drawn have been respected. Question is now, will it have enough bulls to push it to 7700 range (then a big rejection I expect).
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Bitcoin (Cryptocurrency)BTCbtcforecastbtcshortChart PatternscryptoCryptocurrencyHarmonic PatternsTrend Analysis

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