ArtofJR

ArtofJR

BTC may be in phase C of Wyckoff Distribution. - If price does not break $8400, this could be the "Last point of Supply" LPSY. - If price breaks $8400, we can see UTAD "Upthrust After Distribution" and look to break previous high before selling off.

ArtofJR

Awaiting candle close confirmation for a break of Diamond Top Pattern

ArtofJR

Bullish shark harmonic pattern confirmed on the weekly time frame.

ArtofJR

Price may look to hit PRZ and retrace, then extend to double bottom measured move. - Coinciding bearish patterns - Cypher/Butterfly. - PRZ is highlighted in red - .382 and .618 zone for each pattern highlighted in Green - 382 is confluent for a back-test of double bottom confirmation line. - Higher Levels of Relative Strength

ArtofJR

Measured move of bump and run reversal bottom coincides with an .886 retracement for a bearish BAT setup. Once price hits $8900, a retrace of .382 or .618 of D leg may be ideal. Bullish Divergence on RSI as well.

ArtofJR

A break above the double bottom confirmation line can push prize into the potential reversal zone of a bearish shark pattern. LTC is currently breaking bullish with bullish divergence on MACD and RSI. Once price hits the PRZ, a bearish shark pattern will be confirmed when price crosses below Red confirmation line.

ArtofJR

PRZ for Bearish butterfly around $260 at top of channel.

ArtofJR

Double Bottom break out could move price to $8400. If price continues to drop to bottom of falling wedge, a bullish break can move to $8400 as well. $8400 coincides with Channel resistance and resistance looking left.