BITCOIN Dragon Tail Climbed to Head Price Zone on 15 min

I don't like posting smaller time frames such as the 15 min. However, it's being posted for those that I mentioned the potential pattern to on another thread/idea of mine.

So far so good, so what.............

On another note, WATCH THE QUANTS! Perhaps some would be interested to read an article titled:
"This Indicator Suggests a 47% Correction for Bitcoin (BTC) to $32,000"
google it!
In my humble opinion..........

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The channel that was drawn was on a lower time frame line chart of 1 minute.
Once price climbed to reach the proximity of the Dragon's head price zone and reversed, it reversed and found support upon the upper line of that channel(neckline).

That channel is outlining what I had deemed to be a potential inverse head & shoulders pattern on the 1 minute chart. That potential pattern projected price to potentially climb in the proximity of the prior high and form a double top. This has now materialized.

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I'm watching the 1 & 5 minute time frame pattern that appears to resemble to a potential bullish cup & handle projecting price to potentially go to SWB:69K-ish if it were to play out. It's not something I would like to see, however, it's there from my perspective.
In my humble opinion
All the best.

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Price got rejected and reversed at my pivot yet again on the 1 minute...

Speaking of which. I'm not fond of TV stating that I cannot post smaller time frames because watchers wouldn't have time to react to my idea. WHAT???
This implies that people are to act on other people's ENTERTAING ideas?????
No NO NOOOOOOO!
Consult a registered financial planner if you want a 'tip' to follow. In my humble opinion!
All the best!

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Low volatility is equivalent to watching paint dry. Patience is a virtue.
In my humble opinion...........

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CRACK!
in my humble opinion!

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a few updates above I had stated:
"I'm watching the 1 & 5 minute time frame pattern that appears to resemble to a potential bullish cup & handle projecting price to potentially go to
69K-ish if it were to play out. It's not something I would like to see, however, it's there from my perspective.
In my humble opinion
All the best."

I'm GLAD to say the potential bullish C&H on a lower time frame FAILED! YEAH!
Now retesting the upper neckline on the prior lower time frame H&S after it reached its target on the pullback. So should see some potential support there.
In my humble opinion.

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Another potential small Dragon pattern forming on the lower time frame.
In my humble opinion.

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As the right leg appears to have completed, it's the tail of the inverted Dragon Pattern that reached the inverted Dragon's Head price zone on the 15 minute chart. The smaller potential bullish dragon is on the 1 minute chart. That potential target would be a retest of the prior support that became resistance(head peak).
In my humble opinion...........

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Anyone notice that tiny inverse H&S on the 1 minute? Head is the dragon's right foot. Target is the hump! Getting close in my humble opinion. But still within small dragon pattern.

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There's also a teeny tiny dragon pattern within the 1 minute , head would be the smaller one's hump and tail reached proximity of the teeny tiny head and stopped,pulled back, and now moving back up,hehehe,
in my humble opinion!

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teeny tiny and small patterns appear to be working out perfectly , YEAH!
In my humble opinion, hump of smaller pattern reached,
in my humble opinion.........

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P.S, don't try to follow me, I'm going to drive you nuts, LOL!
From multi decade patterns to minute ones, YEAH!
In my humble opinion!

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price is currently in the range of the small Dragon's pattern Head
In my humble opinion!

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BINGO! Target reached on the small Dragon(head peak) and prior support that became resistance YEEEEE HAAAA!
In my humble opinion !

Note

I'm taking a little break.

noble1ones

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