Hello friends!
A quick update to put to rest this nonsense about a head and shoulders!
Personally, I don't believe in chart patterns UNLESS THEY ARE BASED IN FIB
I noticed this pattern beginning to build on Bitcoin a few days ago, and sure enough, it does indeed meet the requirements for a Bullish Harmonic Bat,
THIS, is a pattern that successfully predicted the EXACT bottom on Bitcoin back in November, however this time it is reversed.
You may view that analysis HERE:

I don't have too much to say. I am still long from my entry at $7444 as outlined in our previous Bitcoin analysis here:

Good luck Traders!
A quick update to put to rest this nonsense about a head and shoulders!
Personally, I don't believe in chart patterns UNLESS THEY ARE BASED IN FIB
I noticed this pattern beginning to build on Bitcoin a few days ago, and sure enough, it does indeed meet the requirements for a Bullish Harmonic Bat,
THIS, is a pattern that successfully predicted the EXACT bottom on Bitcoin back in November, however this time it is reversed.
You may view that analysis HERE:

I don't have too much to say. I am still long from my entry at $7444 as outlined in our previous Bitcoin analysis here:

Good luck Traders!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.