What's #Bitcoin doing right now?
Price pulling back after hitting the PRZ of a Harmonic Deep Gartley pattern, plus resistance at the ascending channel's upper boundary.
Quick tech note: Ascending channels usually break downward (unlike descending ones that break up).
After taking partial profits at 2985, I’ll move my stop loss to my entry at 2962 to manage risk
What’s going on with #ETH?
Ethereum seems to be forming a Bearish Bat harmonic pattern.
In the Bat pattern, the 0.618 Fibonacci retracement level is a key area where even a dead cat bounce could occur.
If the price fails to bounce here, the market could turn strongly bearish.
#BTC #Crypto #Trading
In general, patterns are more reliable on HTF than on LTF.
1. Highest volume spikes at the left shoulder — an early warning signal.
2. Price makes a higher high, but volume fails to confirm it: clear volume divergence.
3. The neckline slopes upward, and the right shoulder forms a lower high — a textbook setup.
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If you trade using charts💹, this approach will definitely be useful.
Do you truly understand the Head And Shoulders pattern?
Let's break it down with Bitcoin's real-world example at its all-time high.
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