Capitulation in April - Harmonic Patterns + Pennant

30 mar 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 mar 2018

Uwaga

We could be having a double bottom now.

30 mar 2018

Uwaga

A triangle seems to be forming.

31 mar 2018

Uwaga

It's a falling wedge reversal pattern I think.

1 kwi 2018

Uwaga

Possible bear flag forming. Next move should be downwards.

1 kwi 2018

Uwaga

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 kwi 2018

Uwaga

Bull flag pumped. Now looks like a rising wedge.

3 kwi 2018

Uwaga

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 kwi 2018

Uwaga

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 kwi 2018

Zlecenie aktywne

A right-angled broadening bottom just appeared!

4 kwi 2018

Uwaga

Thinking of going long here:

5 kwi 2018

Uwaga

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

5 kwi 2018

Uwaga

A better look at the diamond reversal pattern.

6 kwi 2018

Uwaga

BTCKRW might be creating a bullish alt bat.

9 kwi 2018

Zlecenie aktywne

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

18 kwi 2018

Uwaga

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 kwi 2018

Uwaga

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

20 kwi 2018

Uwaga