BTC is showing indecision
Hello guys and girls, after a couple of months of this bulling season, we had a drop, (as showed in a huge divergence) and of course a nice invalidation of my previous pattern. here you can see my last post
Well what I see here and as I've said before, BTC loves to follow harmonics pretty close. In this case, we have another Bullish Cypher pattern, this downtrend is reached D point and now we are in the position to take some profits. I'm sorry I didn't post this before, I was busy changing my residence but as educational purposes, we can see the pattern was completed but remember, WE NEED TO REACH PROFITS LEVELS, FOR THE PATTERN TO BE RELIABLE.
So far we reached .382 Fibonacci retracement and we need ,5 ,.618, if the bulltrend continues, then we will face a correction and then another uptrend.
Please stay tunes and trade safe
Well what I see here and as I've said before, BTC loves to follow harmonics pretty close. In this case, we have another Bullish Cypher pattern, this downtrend is reached D point and now we are in the position to take some profits. I'm sorry I didn't post this before, I was busy changing my residence but as educational purposes, we can see the pattern was completed but remember, WE NEED TO REACH PROFITS LEVELS, FOR THE PATTERN TO BE RELIABLE.
So far we reached .382 Fibonacci retracement and we need ,5 ,.618, if the bulltrend continues, then we will face a correction and then another uptrend.
Please stay tunes and trade safe
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