Even though BTC is definitely in a bear channel, a bull Gartley may be forming in the daily chart. Lower price in D might be around the 7511 support area.
Stochastic RSI shows a deep oversold phase, probably due to a quick reversal soon.
Long run I keep my bear idea, short term it may revert to bull though.
Not a trading advice, merely my idea.
Stochastic RSI shows a deep oversold phase, probably due to a quick reversal soon.
Long run I keep my bear idea, short term it may revert to bull though.
Not a trading advice, merely my idea.
Comment:
It actually reverted to bull. Currently trading at around 8900$. Won't last long. Don't call the moon. It is sinking.
Comment:
The bull bat I forecasted 4 days ago is still performing. I would check 9250 level (that worked as a support earlier) as a resistance for this bull run. Target price could be around this level.
We are still in a bear channel.
Take care.
The bull bat I forecasted 4 days ago is still performing. I would check 9250 level (that worked as a support earlier) as a resistance for this bull run. Target price could be around this level.
We are still in a bear channel.
Take care.
