Here is a great longterm setup with possibly multiple positions that can be taken here.
Currently we have an emerging MEGA Gartley with an internal Wolf Wave confluence.
I built the Wolf Wave on a 4H chart.
With a current target of (5) with an expected 400 pip movement. This is a ...
Wolfe Wave BTCUSD Technical Analysis :
1) Points 1-2 should be FARTHER apart than points 3-4
2) Points 1-2 and points 3-4 are connected by a zig-zag ( a simple a-b-c pattern in this case)
3) Points 2-3 are connected by a flat 3-3-5
WW Model eyes point 5.
a) impulsive wave for Points 4-5 ( ...
After reaching almost 2100 (2092.6) PA turned down, broke 2079 (previous high level) and as mentioned yesterday on Twitter came into the 2017 resistance. Currently at TL of the Wolf Wave.
The target of this bearish move is around 1960.