The key basis for presenting a bearish perspective in this idea is that the Crab pattern, one of the harmonic patterns, has been fully confirmed.
For clearer verification, I have directly plotted the relevant section on the chart for your reference.
For reference, the Crab pattern is an extended harmonic pattern with high volatility, typically forming point D at the 1.618 level relative to the XA wave, and is characterized by a strong reversal movement thereafter.
Due to these characteristics, it is evaluated as a highly reliable pattern within the Potential Reversal Zone (PRZ).
Accordingly, the average target price is set around 4,135.40 USDT.
Additional briefings will continue to be updated in this idea as the chart develops.
For clearer verification, I have directly plotted the relevant section on the chart for your reference.
For reference, the Crab pattern is an extended harmonic pattern with high volatility, typically forming point D at the 1.618 level relative to the XA wave, and is characterized by a strong reversal movement thereafter.
Due to these characteristics, it is evaluated as a highly reliable pattern within the Potential Reversal Zone (PRZ).
Accordingly, the average target price is set around 4,135.40 USDT.
Additional briefings will continue to be updated in this idea as the chart develops.
Copy Trading (Managed by DeepTon) – Participating as one of the strategists
: okx.com/copy-trading/account/E54801B9938D7B4C?tab=spot
: okx.com/copy-trading/account/E54801B9938D7B4C?tab=spot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Copy Trading (Managed by DeepTon) – Participating as one of the strategists
: okx.com/copy-trading/account/E54801B9938D7B4C?tab=spot
: okx.com/copy-trading/account/E54801B9938D7B4C?tab=spot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.