BTC Forming Potential Crab Pattern Out of Bat

4 авг. 2018 г.

After making its sharp decent from the 8500 level... BTCUSD danced in the previously mentioned confluence/consolidation/reversal zone for a bit. The location of the zone was at a point of strong confluence, structure, as well as a potential bat pattern. With the break outside of the region BTC may be moving down to retest the 6500 region where the failed bat pattern could transform into a crab pattern.