The Seahorse Pattern for POLONIEX:BTCUSDT by PurpleCrypto

The Seahorse Pattern

I never say never but it would completely throw my medium-term projections out the door.

Not that I'll be whinging. :)

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Time will tell if this formation plays out.

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Seems to be heading in the right direction on this chart. :)

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Not a bad prediction there. I really like seahorses now. :)

Note

I didn't explain this pattern very well when publishing this idea.

The theory behind the Seahorse pattern is that if it follows the upwards path to the snout of the seahorse, it is very possible it may downtrend to the tail of the seahorse in the longer-term.

I'm not saying this is what will happen. What I am saying in providing this alternative analysis is that it isn't impossible.

PurpleCrypto

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