This will be a quick one. There are MASSIVE amounts off harmonics in play right now- that have us trading sideways.. but the Strongest so far appears to be this Bearish Gartley.
The recent dip of BTCUSD price has setup what appears to be a perfect Bearish Gartley showing already strong resistance to the downside. Its as if it is just wearing down the Bulls- waiting for the right time to go LOW.
The price has not popped on us yet- just been trading sideways, but the pattern's bearish tendency is there to send us to some really bigger lows.....Perhaps we get a July 4th downside action. There are other patterns that must play out- this is just 1 of many. These are required to generate the force to break to new highs. We are temporarily Short.
Please see previous BTCUSD Harmonic charts. that shows us starting the bullish crab.. but we have a bit more downside to go before that completes.
Support 8960
*CHEERS*
Any questions please post in the comments.....
WOLFPACK (The goal is to make profits)
The recent dip of BTCUSD price has setup what appears to be a perfect Bearish Gartley showing already strong resistance to the downside. Its as if it is just wearing down the Bulls- waiting for the right time to go LOW.
The price has not popped on us yet- just been trading sideways, but the pattern's bearish tendency is there to send us to some really bigger lows.....Perhaps we get a July 4th downside action. There are other patterns that must play out- this is just 1 of many. These are required to generate the force to break to new highs. We are temporarily Short.
Please see previous BTCUSD Harmonic charts. that shows us starting the bullish crab.. but we have a bit more downside to go before that completes.
Support 8960
*CHEERS*
Any questions please post in the comments.....
WOLFPACK (The goal is to make profits)
Comment:
Possible to seea temporary pump to 9120 before the resistance kicks in from the pattern
Trade closed manually:
Witnessing complete fake out! Update to follow.
Moorsc0de aka Crypt0nomics aka Zaphkiel
