BEARISH ON THETA/BTC

١١ أبريل ٢٠٢٣

Hello Traders,

Large H+S on THETA/BTC pair just as BTC.D is ripping.

١٨ أبريل ٢٠٢٣

ملاحظة

It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.

١ يونيو ٢٠٢٣

ملاحظة

Its below the 0.618.

١٦ يونيو ٢٠٢٣

ملاحظة

The 0.786 target.

٢٨ يوليو ٢٠٢٣

ملاحظة

This retrace still does not feel right, im still bearish.

٢٨ يوليو ٢٠٢٣

ملاحظة

In my head

١٢ سبتمبر ٢٠٢٣

ملاحظة

This could be the last leg of this retrace.

٢٣ ديسمبر ٢٠٢٣

ملاحظة

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.

٢٣ ديسمبر ٢٠٢٣

ملاحظة

That bull div on the weekly looks like confirmation of momentum change.