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Tradewithkobane

Possible Sell on Bitcoin (Potential Harmonic Pattern Forming)Looking at this to be a good B point for the Bat pattern, We are currently within a Sweet Spot Zone and testing a higher time frame trend line. There is also Bearish Divergence on both the MACD and RSI. Looking to ride this down to our next Sweet Spot Zone or Level of Conviction, where our C point would then be formed. If a Lower low is created Im looking to ride it down to around 3000. Price could move up to around 8000 or so and then we would be looking at a potential B Point for a Gartley Pattern
BITFINEX:BTCUSDShort
by Manuel49