Some Bearish Patterns have emerged.
Daily is rounding over, lots of wicks on the 1 hour, price is reversing in the 61.8 retracement level.
Some serious bearish signs, I hope Mel Gibson is ready.
I have highlighted the Internal Fib pattern the 23.6, 9% bounce target is the 50% level around 16k (probably hit 10k)
The cup and handle may also play out, target is in the same general area.
Daily is rounding over, lots of wicks on the 1 hour, price is reversing in the 61.8 retracement level.
Some serious bearish signs, I hope Mel Gibson is ready.
I have highlighted the Internal Fib pattern the 23.6, 9% bounce target is the 50% level around 16k (probably hit 10k)
The cup and handle may also play out, target is in the same general area.
Note
Ouch!
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Related publications
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.