noble1ones

Bitcoin Bullish Intraday Exotic Dragon Pattern Update

COINBASE:BTCUSD   Bitcoin

The Dragon tail is still in play and hasn't reached its potential maximum target point. The pattern has acted as a reversal as it typically does rather than simply a throwback in the prior bearish patterns, hence the "Be Vigilant" warning in the prior idea. Therefore the Bullish Exotic Dragon Pattern invalidated the prior bearish patterns being the Diamond Top and Rounding Top. However, the Bearish Rising Wedge is still in play. In my humble opinion.
All the best.
Penafian

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