Let me start by congratulating those that follow my last BTC post by now all our long position must have been well protected.
Yeah, before you start calling me names, I'm only sharing what I found and saw on my chart, although fact remain the situation we are right now is not looking friendly generally for financial market across the world.
As I was playing through my chart I discovered BTC seems to be playing within this serious setups.
The first setup is about which can be either Gartely or BAt but closely looking at its no doubt this is setup.
Second pattern observed is pattern which is hugely in nature.
I will want you guys to do have a details look on them instead of calling me names.
I did not say its time for lamboo but this is crypto market anything can happen and its better we all be prepared.
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Nice chart and idea