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Sharkpatern

BTC short-term scenario Hi all, I have been trying to find a scenario that would answer to the question spinning in my head. Let me explain it. BTC lost the "Weekly trendline 1" and I suppose that the prices need to touch the next lower one, the "Weekly Trendline 0", at some time. This has not happened yet. My question is "how and when"? I'm still thinking that we are in accumulation phase (with a certain probability) as with my Wyckoff analyses. Following these analyes, the next event to realize is that BTC needs to retest the upper resistance, around $23000. By linking these thoughts, I use "Shark" harmonic pattern to simulate a possible scenario, as you can see in chart. I admit that in short-term this is a bullish scenario. As always, we should prepare for a bearish one (like what happened in the end of 2018) for which I'll do a further analysis. Have a nice sunday!
COINBASE:BTCUSD
by evasivesteering
MY OWN LONG TERM VIEW FOR THE KING FIRST lets dive to the volume profile analysis the last bullish wave has strong HVN & poc not tested , NOTE ( it doesn't have to be tested every time ) but the king looks like looking for strong base to taking off again also i have to mention that price just touch the V A for the bullish wave thats why we expect rejection and bullish wave but i don't think its will be strong enough SECOND we have the bearish wave still has bearish momentum i sew the pos fallen step by step so what we need its consolidation and build the base to move the poc below the price THIRD we keep in eye the shark pattern on the weekly chart we just need the D confirmation then will got a nice reverser pattern
by ConcordDeath
1
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Long
by Global_Fx
2
possible shark patterncad has been weak due to oil prices slump, audcad is forming a rising wedge in h4 and h1, and a divergence in momentum h4 so actually price is going up slower than before and possible bears can come in market. we need to wait for pattern on point d and then we can sell, this evening there will be australia interest rate decision so do not overtrade,you can place a sell limit on point d with 30 pips stop loss due to high volatility of this night....
Short
by Dragon_Investments