BTC forming a bullish dragon?

٣١ ديسمبر ٢٠٢٢

If the green pattern (bullish dragon) in 4H TF is validated, BTC might see some bullish momentum, possibly a new-year relief rally.
Bullish dragon typically forms a bearish Harmonic pattern, such as a Gatrley at around 0.786 retracements.
However, if that possible upside is the remainder of an unfinished result of the adjacent bullish anti-Butterfly (blue), it could turn around everywhere of Fibonacci-meaning.
So watch the red and gray boxes and channels.

٣١ ديسمبر ٢٠٢٢

ملاحظة

update.

١٠ يناير ٢٠٢٣

ملاحظة

update.