COIN/USD Harmonic Possibility I posted recently something similar with LTC (Litecoin/USD) and this is basically the same concept but on a much larger scale, this being the weekly timeframe. The premise here is that from a center point, we can see as we scroll to the right of this weekly structure a sort of mirroring is happening. My guess would be the same way we expect any harmonic pattern to work. I could not exactly feel comfortable drawing any Bat or Butterfly harmonic patterns some may know it but I drew some... structural hotspots of when to expect this to move dramatically. Now based on some previous data I have seen on Bitcoin, I know that you can have seemingly a perfect reversal pattern from a pattern literally curving like a smile and still continue in the previously indicated direction. So I have simply expressed the points are major stress, it being the structural squeeze and some measurements based on the previous volume wells that led us to this moment. Either we hit $105 or we go to $35. I would extend the possibilities more but there are some structural interruptions that may be mirrored so the resistances or supports may be perceived fully from the squeeze this is probably going to have. Anyway just an idea.
