The channel is still in play. It also rejected perfectly with the resistance, this resistance is based on the Higher Low that was formed on the beginning of this range. The Open Interest is still very low and the volume is still between 1B-2B this is based on the Bybit Contract.
I found a potential ABCD Harmonic. The D target is 1.272 fib. The ABCD is invalid if it doesn't hit the D end of 10 July. The D matches perfectly with the local resistance that we need to break for market structure change. Personally i don't think this Harmonic will play out but its a scenario to keep in the back of your head. The D also has another resistance if...
I found a potential Inverse Cup & Handle on the 4h timeframe with the key support being 19775 Dollar. The support line of the Cup & Handle can be placed on different levels.
I found a potential ABCD harmonic. The D is the 1.272. I also posted an Butterfly harmonic with also has the X-A leg and A-B leg check it out. Keep in mind that this push up was on very low rising Open Interest and is also rising within a wedge.
I found a potential Butterfly Harmonic on BTC. The D can be placed on different points but this one matches the confluences that was already on my chart. The confluence is the market structure break of the 24K level and a Daily Npoc.
In the same pattern i also found an potential ABCD which i will post. The other purple line is the local resistance.
I found a potenial ABCD on the 1H timeframe. If the market decides to dump further today this could play out but the pattern becomes invalid if it doesn't hit the D before June 15 23:15 P.M or goes above the C. The C is the 0.786. D is the 1.272. The ABCD could also play out as an SFP getting liquidity under the 20K low for a quick tab.
I found an Descending Triangle on the 4h with a short term trendline inside aswell. Remeber these traingle patterns are very basic and whales like to fake out or trap traders with these patterns.
I have a potenial BAT harmonic on AVAX. The D is at 0.886 Price 35,255 Dollar. But remember when trading altcoins right now that most of them are linked to BTC.
I have a potenial ABCD that lines up with a Daily Npoc and 12H Npoc. We could see lower levels but the market likes Npoc's and this one matches with a ABCD. The D level is the 1.272. The C can be extended with a few hours since the AB leg is 5d and 3h and the CD 4d and 16h.
