michalvitek333

michalvitek333

AB = CD harmonics would complete right shoulder of inverse Head and Shoulder pattern. Confluence of support in the $8150-8550 area: - volume profile POC - 1 day 20 SMA - long-term log trend line (dotted) - reload zone (0.618-0.786 Fib) If iH&S is completed, it would imply target of $13 150, which would complete Adam & Eve double bottom with target of $15 600.

michalvitek333

There is a potential Inverse Head & Shoulders within larger Adam & Eve double bottom developing for #Bitcoin TARGETS: Inverse Head & Shoulders target =~ $11 900 Adam & Eve double bottom target* =~ $15 600 (or 1.618 Fibonacci extension at $15 365) *only IF we break through $11800 resistance & bullishly resolve the 0.386 Fibonacci retracement, I’d expect us to...