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Bullish Harmonic Pattern in BTC

تم تحديثه
Price retraced 50% of the bounce from 6k. We are now sitting on the 200 day moving average and a longterm trend line.
Good long entries after break of blue signal line and break out past the red log downtrend line.
Expect a strong move up to 24,000 if it breaks the red line.
ملاحظة
if signal line doesn't break at 9k it could slide further down to 7,600
ملاحظة
9900 needs to be broken before entering long.
ملاحظة
alternative scenario: fakeout above signal line then drop lower to 7600
لقطة
ملاحظة
wait for activity above 9800 before long entries
Harmonic PatternsTrend Analysis

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