Análisis Técnico de BTC abarcando desde su creación nos encontramos que el retroceso fibonacci nos indica que aun no llega al nivel 61 y de continuar con la tendencia bajista todo parece indicar que se dirige hacia nivel 78 que se encuentra por debajo de los 5000 USD donde esperemos encuentre el soporte que lo haga rebotar y lo lleve a despegar! BITFINEX:BTCUSD
Very nice trade call in our group. Bat pattern is also completing and ready to buy. Potentially it could go all the way to 0.886 before turning so a larger stop was being used. Trade with care and goodluck.
As indicated by the horizontal blue lines, the market has broken above multiple areas of resistance. To make use of this I am applying the .786 retracement strategy. I am waiting for the market to retrace to this level, then placing a long order with targets at previous structure and the stop loss below previous support which gives me a decent risk/reward ratio....
We had a pullback that landed in the .786 retracement area so we going long to ride the up trend. also we broke the daily and 4 hour resistance. Plus we had a retest, which it is now treating the old the resistance as support. So its a good sign. Also we are trading with the trend.
Looked like a double top at first but ima have to go with gartley either way looks good to me
We broke structure, now we've come back up to retest a previous level which coincides with the 786 Fib level. For these reasons along with a few other we've taken trade. Always remember to look at the bigger picture, always use higher time frame analysis!!!!
Analysis: -4hr AB/CD termination ,followed by short term pullback to Continuation zones -broke daily resistance expectation .now price finding support at that point expectation : price to retrace to this level followed by a continuation after the NFP release Confluence- -38% AD leg -127% ab/cd extension -pivot -daily support -78% CD leg ( demand zone ) -4hr...