BitcoinLong
Potential Bullish Shark Pattern on BTC ?
A lot of confluence around 51k range. 1st we may have a bullish shark harmonic pattern completing around $51,600, Second we may be pulling back to .618 fib of the last impulse leg, which Bitcoin loves doing and it also happens to line up with the bullish shark pattern. 3rd we have a major trend line which also lines up with all of the above. I also think we are in the 4th wave of the mini wave 1 of the final wave 5 of a larger wave 3. LOL confusing, I know but it is very likely we bottom around the 51k mark before we reverse and start the creation of the mini wave 3 of the final wave 5 of a major wave 3. Good luck
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.