Large H+S on THETA/BTC pair just as BTC.D is ripping.
評論
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.
評論
Its below the 0.618.
評論
The 0.786 target.
評論
This retrace still does not feel right, im still bearish.
評論
In my head
評論
This could be the last leg of this retrace.
評論
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.
評論
That bull div on the weekly looks like confirmation of momentum change.