Bitcoin Bullish Three Drives
Looking at this 4hr chart I still see a bullish Three Drives pattern playing out.
If we move to the top of the channel then for me, the Three Drives is invalidated.
On the daily chart I am seeing a possible Gartley or Bat harmonic developing. I also see a bullish pennant forming.
My whiskers are telling me that the more likely scenario is another dip before moving on to test the ATH as resistance.
Overall, I'm howling for the moon, but in the near term I will be hiding in the bushes and waiting for Bitcoin's next move.
Owhooooo!
If we move to the top of the channel then for me, the Three Drives is invalidated.
On the daily chart I am seeing a possible Gartley or Bat harmonic developing. I also see a bullish pennant forming.
My whiskers are telling me that the more likely scenario is another dip before moving on to test the ATH as resistance.
Overall, I'm howling for the moon, but in the near term I will be hiding in the bushes and waiting for Bitcoin's next move.
Owhooooo!
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