moon333
Long

Bitcoin Has Completed Gartley Move And Ready To Hit Upto $12K

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Formation of bullish Gartley:
This time on very long term monthly chart the price action of Bitcoin ( BTC ) has formed bullish harmonic Gartley pattern and entered in potential reversal zone.

Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $7231 to $5424

Sell between: $8654 to $12070

Stop Loss:
The potential reversal zone area which is up to $5424 can be used as stop loss in case of complete candle sticks closes below this level.

This idea is for long term traders not a short term idea; I will be keep posting more trading ideas.

Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.

Comments

great always
+1 Reply
moon333 Kazemgashtasbi
@Kazemgashtasbi, thanks buddy
Reply
Nice chart
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Wow. That is a very big call and quite the opposite to what I am expecting.

Reply
Appreciated.
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