We have BTC coming down with a nice healthy retrace to the .618
Harmonic gartley playing out perectly
Currently holding a ling term trendline
Holding the top of value on VPVR
Bullish divergence in OBV and Willy
Histogram has a bullish div but still not confirmed
Long term buy zone in green (Between the .618 and .786)
What do I see happening: If we break this .618 fib and confirm this Gartly pattern the next target will be $5400 area.
We could bounce up from the 618 and then retrace to the 786 but from here I will be cost averaging my BTC all the way down to $5400 buying the green zone.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Harmonic gartley playing out perectly
Currently holding a ling term trendline
Holding the top of value on VPVR
Bullish divergence in OBV and Willy
Histogram has a bullish div but still not confirmed
Long term buy zone in green (Between the .618 and .786)
What do I see happening: If we break this .618 fib and confirm this Gartly pattern the next target will be $5400 area.
We could bounce up from the 618 and then retrace to the 786 but from here I will be cost averaging my BTC all the way down to $5400 buying the green zone.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Trade active:
This is when I called the top and the Gartley pattern was playing out
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