BEARISH ON THETA/BTC

ที่อัปเดต:
Hello Traders,

Large H+S on THETA/BTC pair just as BTC.D is ripping.



บันทึกช่วยจำ
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.
สแนปชอต
บันทึกช่วยจำ
Its below the 0.618.
สแนปชอต
บันทึกช่วยจำ
The 0.786 target.
สแนปชอต
บันทึกช่วยจำ
This retrace still does not feel right, im still bearish. สแนปชอต
บันทึกช่วยจำ
In my head สแนปชอต
บันทึกช่วยจำ
This could be the last leg of this retrace.
สแนปชอต
บันทึกช่วยจำ
As I expected 1 more move down. I reckon Theta has completed the retrace onto the 0.786 retrace. I would have expected the final 5th wave of a C Wave retrace to be deep but this one looks kind of short and stubby.
สแนปชอต
บันทึกช่วยจำ
That bull div on the weekly looks like confirmation of momentum change.
CryptocurrencyFibonacciHead and ShouldersSupport and ResistancethetaTHETABTC

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