Bitcoins Retracement after the 40% leg up is developing into 2 harmonic patterns.
Currently eyeing a bullish Shark that's just past the reversal zone.
Entry for that shark is 8676 as phantom indicator demonstrates.
That level is also very close to the 61.8 retracement, which was likely front ran.
Support level 2, is right at the 61.8 retracement.
@ $8558
If both supports fail, then BTC is likely headed down to complete the bat formation, with a potential reversal zone and bottom:
Support level 3: $7664
I'm using indicators by coinobsalgos
Indicator 1: Left chart
Harmonics Scanner
Indicator 2: Right Chart
Phantom
Currently eyeing a bullish Shark that's just past the reversal zone.
Entry for that shark is 8676 as phantom indicator demonstrates.
That level is also very close to the 61.8 retracement, which was likely front ran.
Support level 2, is right at the 61.8 retracement.
@ $8558
If both supports fail, then BTC is likely headed down to complete the bat formation, with a potential reversal zone and bottom:
Support level 3: $7664
I'm using indicators by coinobsalgos
Indicator 1: Left chart
Harmonics Scanner
Indicator 2: Right Chart
Phantom
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。