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hmaroudas
Apr 25, 2023 6:51 AM

BTCUSDT Bearish Cypher to Bullish Gartley Potential  

Bitcoin / TetherUSBinance

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BTCUSDT Bearish Cypher to Bullish Gartley Potential based on Fibs

For fun and although technical, by no means have any bias for your own trading decision.

Mid point play out for Cypher confirmation from B 0.5 Fib to C. C to D would be a 0.618 fib resistance level and 28,500 a natural known resistance.

Bullish Gartley enter, X to A the Cypher C to D given D is the top. A to B would be the Fib 0.618 from X to A. Given support around B various nPoc's, B to C to nPoc at approx 28425.00. C to D, D various nPoc's support around 27,300. D then reaching back to retest top of the range at 28425.00.

For fun would be see how this plays out.
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