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Price pulling back after hitting the PRZ of a Harmonic Deep Gartley pattern, plus resistance at the ascending channel's upper boundary.
Quick tech note: Ascending channels usually break downward (unlike descending ones that break up).
Price pulling back after hitting the PRZ of a Harmonic Deep Gartley pattern, plus resistance at the ascending channel's upper boundary.
Quick tech note: Ascending channels usually break downward (unlike descending ones that break up).
Ethereum seems to be forming a Bearish Bat harmonic pattern.
In the Bat pattern, the 0.618 Fibonacci retracement level is a key area where even a dead cat bounce could occur.
If the price fails to bounce here, the market could turn strongly bearish.
#BTC #Crypto #Trading
Do you truly understand the Head And Shoulders pattern?
Let's break it down with Bitcoin's real-world example at its all-time high.
1/3
Do you truly understand the Head And Shoulders pattern?
Let's break it down with Bitcoin's real-world example at its all-time high.
1/3