Bitcoin's Bearish 5 Drives
Updated
Bearish 5 Drives as megastructure. on the downtrending leg, we have our supposed reversal presenting as a Bullish 5 drives. If this all happens near textbook expected then we should retrace to around 7400, which will be our 6/1/18 launch pad for our next mini lunar mission.
Jokes aside, should be interesting to see what happens. Not going to lie, the mega Bearish 5 Drives patter has me a bit leery as to whether or not this will be a lunar mission and actually a deeper descent.
Excited to see how it plays out. :)
Jokes aside, should be interesting to see what happens. Not going to lie, the mega Bearish 5 Drives patter has me a bit leery as to whether or not this will be a lunar mission and actually a deeper descent.
Excited to see how it plays out. :)
Note
ahh forgot to put the bearish scenario of the greater bearish 5 drives pattern.Note
Note
allllright, let's go
Note
Just to add the trend lines for the wedge we're forming. If this plays out as a Bearish 5-drives then we would be rejected off the upper wedge/resistance.
Of course, there's the significance of things reversing bullish/bearishness according to the 6th of each month. But I'm reading and trading off of what harmonics are presented.
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