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Bitcoin Harmonic and Cup and Handle!
Bitcoin
Bitcoin Harmonic and Cup and Handle!
By Akamer-the-Werewolf
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Updated
Feb 4, 2021
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Feb 4, 2021
Bitcoin has reached the first 3 targets after completing a Bullish Gartley harmonic. The final target is around $42,700.
Bitcoin is also forming this Cup and Handle formation. For me, if it plays out it will be more confirmation of the overall bullish trend.
I am expecting a retrace back to around $35,500 to form the handle, and will expect a move up after that.
This daily chart still looks bullish to me.
I'll be hiding in the bushes waiting to see how it plays out.
Owhooooo!
Feb 4, 2021
Note
A little more downside?
Feb 4, 2021
Note
Watching this local move on the 5min chart.
My whiskers are starting to twitch for a reversal, but a continuation would make more sense.
Feb 4, 2021
Note
Owhooooo!
Feb 4, 2021
Note
My tail is between my legs!
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Akamer-the-Werewolf
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