Potential Imminent BITCOIN Price MELTDOWN! Inverse Exotic Dragon
On the Daily time frame Bitcoin appears to have printed a bearish harami. On the intraday 30 minute line chart I traced out an Inverse Exotic Dragon Pattern. Within the vicinity of the head is where a typical tail target tends to end. However, they can be shorter or much longer, hehehe.
So what's up with the 'potential' Bitcoin price meltdown? It's a catchy phrase, lol!
I believe that the printed daily harami will get knowledgeable bulls worried due to a sentiment change. Let's get a close below and turn it into a 'Bearish Three Inside Down' pattern, YEAH!
In my humble opinion...........
So what's up with the 'potential' Bitcoin price meltdown? It's a catchy phrase, lol!
I believe that the printed daily harami will get knowledgeable bulls worried due to a sentiment change. Let's get a close below and turn it into a 'Bearish Three Inside Down' pattern, YEAH!
In my humble opinion...........
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Update coming in new chart idea.
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Continuation to this idea has been posted in a new idea.