BTC consolidation pattern

One possibility it is that BTC is forming a ABCDE correction.
I see a end of bull cycle on H1 today so that might confirm this hypothesis, let see what's happen next, this theory is invalidated if we break 7450.
A+

Comentarios:

It seems BTC is following the plan, we find a C point imo, i'm shorting it until we find a end of bear trend in H1.

Comentarios:

Hi
I put my SL on my entry 7050, because if we make a higher high here it will invalidated the scenario

Comentarios:

SL 6900 and PTP at 6660

Comentarios:

BTC is moving to fast for a triangle imo
a bear penant is more plausible
I take a PTP at 6660 and i will renforce my short a 6900 and re up mys SL a 7000

Comentarios:

BTC still searching "D" point imo. During "A" to "B" travel we have a pattern, fast drop/range/drop to the support and then go C. I am expected the same here. We are at the "range" phase, so i m waiting a drop today to find a correct "D" point in the targeted area where i will close 50% of my short position open on "C". Then i will increase my position at E point with bigger leverage in order to play the break down of this ABCDE.
That's my plan, but is it BTC plan? will see

Comentarios:

IT seems that wavetrend find the E point
I have increase my shorting position here Target 6000
I usual this is my plan, but is it BTC plan?

Comentarios:

Go deep?

Comentarios:

OMFG BTC is SPACEX
break up of the penant, no coment.... imo we are still bearish