BITCOIN had 4 classical patterns play out on the DTF & H4 and every single pattern hit target, some even hit twice with the same pattern with a FAKEOUTS.
1. DTF FLAG target hit from $30,000 - $17,000
2. H4 DIAMOND target hit $19,000
3. H4 FLAG target hit $19,000-20,000
4. H4 DESCENDING TRIANGLE target hit $18,000-18,700
I expect a bounce to the 62% FIB level to make a HIGH, followed by a retracement to $16,200 approximately to make fresh LOWS before a move to $28,808.
I hope this teaches you how to find patterns on the HTF and I will keep you updated.
1. DTF FLAG target hit from $30,000 - $17,000
2. H4 DIAMOND target hit $19,000
3. H4 FLAG target hit $19,000-20,000
4. H4 DESCENDING TRIANGLE target hit $18,000-18,700
I expect a bounce to the 62% FIB level to make a HIGH, followed by a retracement to $16,200 approximately to make fresh LOWS before a move to $28,808.
I hope this teaches you how to find patterns on the HTF and I will keep you updated.