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BTCUSD: a potential HARMONIC pattern telling you why 2k

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BITFINEX:BTCUSD   Bitcoin
Traders,

Lots of traders still want to see more bull sign on BTC.
Technicelly, I dont think that is going to happen very soon.
A potential HARMONIC pattern is showing us where D could be.
Check the red support zone.
For FIBO 886, BTC will test 5k first.
For the bottom of the red box, also where the HARMONIC pattern start, you could see 3k.
What happen to that if BTC can not stop dropping after testing 3k?
2 k is coming .
Good luck!


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Less is more!
Kommentar:
Kommentar:
The chart above is showing not bullish sign on Daily chart.
So until now, we keep bearish view on BTC.
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Kommentar:
Lets try to get more clue on 4h chart.
Two channels up there.
The light blue one is now BTC staying in .
The blue one is where BTC just finished a corrective wave and now making its wave 3 down to next 2 supports .
Kommentar:
Lets say a retest of 6k is really high possibility .
What about 2K-3K?
Kommentar:
That is not going to happen straightly right now.
Traders should know that speculation market which you are trading in is full of buyers and sellers.
Price usually go "z" way.
Kommentar:
We were trying to hunt a corrective wave for BTC , some of them stop loss hit, some was success.
It happens as long as you are still want to trade.
Kommentar:
Kommentar:
Assuming that you entered based on the chart above at 8900.
Now you are making $1100.
You could just leave with profit.
Kommentar:
Kommentar:

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