This is a very nice opportunity for all ya crypto-traders. A double top with RSI divergence. This is a great opportunity for a pullback trade but it also could be the start of a short term down trend.
arent all bullish gartleys also double tops that bounce?
xela75
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@BeerdHead, you mean at "C"? Can, but not necessarily. A Gartley could be building right now, then (for how I trade Gartleys) we need a pullback to ~8100 USD to get the C->D completion.
BeerdHead
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@xela75 thx for the response, yeah i guess i meant "could be" - im currently in cash with BTC limit buys around 8250 waiting for the Gartley
too many factors right now saying this is due to correct, rather than just flash crash and then set a new ATH