Steffro

BTCUSD Short Term Update

Steffro Updated   
COINBASE:BTCUSD   Bitcoin
Bearish Gartley Pattern completed.
Cypher Pattern is almost completed (Leg D is the next one up).
Triangle Pattern is 50% completed. Look how the local ABC waves are placed perfectly along the 12345 legs.

It might do a correction (Local leg AB) before going further down and completing the Cypher Pattern.

Currently status: Hold.

Long Term: It is still above the Gann arcs - > I'm still Long. This is explained here:

Comment:
Local leg A done, Local leg B next.
Comment:
Local leg B seems to be done already, and local leg C could be triggered anytime soon.
Comment:
Local leg C done, Cypher pattern completed, Long entry triggered.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.