4xMarc

4xMarc

2 times 1.27 Fibo Ext + 88.6 Fibo retracement + ABCD on weekly + Big support + oversold (Divergence on weekly!) we should at least see a sideways movement for a few weeks, cause this is a pretty strong zone. after channeling we might see a bigger retracement to 400ish or maybe break down and continue trend, but i got into my longs about 162ish

4xMarc

we will maybe see a Head&Shoulders pattern along the trendline. this would also set up a Gartley around 350.00, which is a massiv sell zone for me, as we're in a down trend atm.

4xMarc

350.00-353.00 is a great area for trend continuation with fib levels

4xMarc

got another long entry which i will hold till my shorting area is reached.

4xMarc

broken Trendline + .786 + supporting Trendline and a possible RSI Divergence could form up if price hits the 1.2445. Target1 is recent high which we need to break. Target2 is a my short entry, see related idea!

4xMarc

i expect a move lower although we made a double bottom. Harmonics, Resistance and Head&Shoulders pattern forming up @ 1.2550 - 1.2570 area. Target1 is the double bottom, in case we biuld a tripple one. Target2 is 1.27 Fib Ext as you can see. at this area i will look to get in long positions

4xMarc

currently at 0.786 fib level and hit TL. we should see some upward movement.

4xMarc

C completed at my 360.00 level, now move to 402.00 could start, we may see a double bottom in the 1H Chart. 380.00 & 388.00 are two resistance areas!

4xMarc

1:as i want to see the 360 level tested before completing the gartley, i think we will hit the 388.00-389.00 ish area which is a .786 and .368 ->sell with stops about 397.00 ish (tp 360.00 ) 2:if we dont see that move happen and hit 360.00 ish before, i guess we will go up and break the 388-389.00 resistance. ->buy with stops around 341.00 (tp 402.00) if...

4xMarc

One Bat pattern into gartley, we could see a lower move of the blue C into the 360.00 before going up, maybe look for a 5-15 Minute Timeframe entry at this Level, 123 pattern etc... We're also in a Daily flag Formation, see the black Trendline. We should break it to the downside. Will trade the retest! If we complete the blue gartley pattern about 400.00 -...

4xMarc

Kind of Gartley Pattern forming up on the Weekly with a completion around 170.00 - 210.00 BTC/USD. This Level also shows some broken Resistance Level from April 2013 which was never clearly tested on the Weekly Chart. And as you can see by the two black lines, this also would set up and ABCD Pattern. My Opinion is that we're currently in a midterm short trend...