BTC - Alternative Bullish take with 15K reach. for BITSTAMP:BTCUSD by mycotoxin

Alternative Bullish take with Target 15400:
Possible Broadening Descending wedge inside a Bearish Gartley with a 15400 target

Comment:

There's a 'head and shoulders' inside the broadening wedge which would require drop to the 6K area to complete the right shoulder , The head and shoulder also has a reach of around 15k which is also the top of the Gartley.

Comment:

if it plays out the right shoulder of the head and shoulders at 6K will also line up with the POC ( the red line) of the entire structure which begun on April 2017 .

Comment:

Been watching this pattern since 2019 and its dammed interesting if you ask me ,

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.