Connix

Harmonics indicator, The higher we go the harder we fall?

BITSTAMP:BTCUSD   Bitcoin
Looks like we are currently trying to break through and declining our cypher harmonic (white) which also happened to land very close to the 236 weekly fib I have drawn from ATH to lowest lows (red horizontal line)

The shark harmonic (blue) hitting the 1.618 (orange horizontal line) is looking like to be my next target (30700) thats if we do break through resistance. The shark would also have a lower buy price (D) of around 18000 which iv had confluence with for a few months (blue dashed horizontal line)

I'd love to see it play out 🔥

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