{BEARISH BAT PATTERN} ETH/BTC TF 4 H

Bearish bat pattern has been complete form on ETH/BTC TF 4H. Bearish bat correction between 0.382 - 0.618 fibonacci level. But i consider correction on 0.382 fibonacci level because on previous daily candle has form marubozu. Correction on 0.382 fibonacci level will completed fourth wave elliot. Fourth elliot wave support with STOC RSI DEADCROSS.


If the scenario valid ETH/BTC will reach higher price on fifth wave.

Be patient buy when price bounce
Chart PatternsElliott WaveHarmonic Patterns

Penafian