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Capitulation in April - Harmonic Patterns + Pennant

업데이트됨

This triangle in BTCUSDT shows an upcoming dump to occur in the month of April or less likely at the beginning of May.

This triangle will dump BTC to 4-5k and I expect the whole market to have a big bounce towards those levels.

Within the next week, I expect a possible bounce to 8k maximum. The bounce will happen cause the fractal harmonic pattern shown will likely take btc back to that level. I am going to short BTC once more as soon as the price reaches this area.

Good luck!

노트

We could be having a double bottom now.

노트

A triangle seems to be forming.

노트

It's a falling wedge reversal pattern I think.

노트

Possible bear flag forming. Next move should be downwards.

노트

After the bear flag pattern worked out and Bitcoin dumped to lower levels (-8%), we have just had a strong bounce. There is a small bull flag that might play out, although I wouldn't go long.

노트

Bull flag pumped. Now looks like a rising wedge.

노트

The rising wedge dumped but price action eventually started moving upwards. I think that BTC's price will go maximum to 7900 in this bounce. Then it will dump again once more.