The Bearish Wooly Mammoth Seen at top of BTC USDHLBRXUSBS Wooly Mammoth`s are not uncommon peaks in pair performance.
BTC will have to overcome the probabilistic odds against her here because we rarely see HLBRXUSBS retest their highs long after several wavelengths have passed.
This is science and probability, anything can happen but expectations suggest a consolidated climb to within 90% of this ranges peak (9500 to 10k) before collapsing to a long arduous cupping.. the old bull has been stung, now we find out if he's resilient to the venom or will fall victim like many before him only to recoup to fight another day.
Woolymammoth
What's Bitten BTC - Near Perfect H or the Bullish ASH / WM / HW?The higher the volume the more the the near perfect Heartbeat on Poloniex looks like a Humpback Whale / Wooly Mammoth / HLBRX...
I always wonder about the observer.. Is the pattern so close to the deadly bearish Heartbeat that the impact of it being ever so slightly skew if has no bearing.. We continue as Heartbeaters to uncover the ever so sensitive lines in the sand of these ancient patterns..
Expect violent and ancient bullish behaviour if the HLBRX wins and bearish retracement if it in fact is the formidable Heartbeat..
Best of luck Heartbeaters.. I will range this beast on it's axis and document it's B / B nature for future reference !
BTC/$- Still Feeling Bearish ? Symmetric Triangle ConsolidationWell, I know you all want BTC to fall from the moon so you can get some cheap coins.. Problem is we are up here buying your coins and squeezing your shorts.. This is a heavy structure with impressive psychological value and you might just be holding onto a pipe dream rather than living in the now following the flow of the market..
Could go either way sure, but I bet this baby is going to test ATH and blow it out of the water !! Ha ha
Dare short the bullish Symmetric Triangle started by a Wooly Mammoth !! Ha Ha !!
Best of luck to you all ! We are going to need it !
Bearish Tug of War w/ Near Perfect H on BTC Right ShoulderNot looking good, but we have to go with the flow of the market and how it presents itself..
Get ready to see 10k levels or below in my opinion, nothing about this looks textbook good !
It makes sense that if the Wooly Mammoths go Swimming with their Nemisis (mirror) the Electric Eel, (The long awaited SFB?), they are not going to make it out without a scratch..
Best of luck to you all ! We are going to need it !!
Traditional target says subtract hieght from neckline oof ! 6k ?? could it be !!??
Speed Heartbeating - Discovering a HLBRXFirst find the axis of the Heartbeat with a Fib Retracement in Price
Then Find if the Heartbeat is symmetrical by measureing it´s wavelength using a time retracement..
This is an asymmetrical Heartbeat with an Eve (Round bottom in the air) and an Adam (Spike) min..
We listen to history and this looks like a Wooly Mammoth or Humpback Whale.. Bullish as..
The Axis is a magnet..
Modern Heartbeaters limit risk using Range trading, a form of DCA.
Best of Luck !!
Adam and Eve terms are borrowed from the Encyclopedia of Chart Patterns. Buy it and cram it minimum!
The ancient bulls are back !! Yeahhh !