OneTrueSloth

Potential reversal at 0.618 retracement on BTC

Long
BITSTAMP:BTCUSD   Bitcoin
If we reverse to the upside at this level, which is a 0.618 retracement of our previous impulse up, it could carry us to higher prices (~$12,000) and play out as a bullish Gartley pattern.
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.