PIN BAR + Gartley Pattern+ Demand Zone BTC is ok to buy again
BTC formed a bullish pinbar yesterday and also it complete the Gartley Pattern From the price action we can see there are still strong buying force from 9700 Level
Therefore we have three different entry method: 1. Buy now 2 Buy the pull back (FIB 0.5 - 0.618 ) 3. Buy Stop above the Head of Pin
Thank you for sharing this bullish view, it helps.
I just updated this idea when I was calling for the drop in a Double Three structure.
My most recent update is this:
I would like to give you a friendly heads-up, because that pin-bar could reflect an end of the Running Flat pattern as a scenario.
BTCUSD could still have more down-side.
Only if I see a break-out and then a bull-flag, I will turn bullish.
If we continue now lower, then it's 7500 or even 5500.
Let's see how this goes.
Lionheart-EWA
⋅
@tntsunrise It seems like the fall is here, the VIX is spiking, Indices are going bearish. BTC seems to be affected negatively, again.
I tried to warn you with the view above.
Here's an updated chart:
Derammie
⋅
Here's my post on Bitcoin, I'm still bearish until a strong bullish cross above the downward trendline
what do you think about this idea?