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The harmonics system stopped the BTC at 61.8% fibo. Do we have a trend reversal?
Level 78.6 where it ends Gartley connects to the trend line. I am waiting for booking this level.
A breakthrough of 50% can give way to the next fibo level (61.8%). There is a chance that the current support will withstand and it is also the lower edge of kumo cloud.
The current outing is different !!! The price broke through the EMA 200. In the strategy you see here, it looks really good. Support on the 6700 $ line in question. We still have not resisted the $ 6,800 resistance, which is a condition to confirm the change in the trend. In addition, we can talk about the butterfly harmonic that has not been completed. Not filled...
The harmonic system of the butterfly. The price very well respects fibo levels. Growth formation.
After filling the harmonic system, the price is directed to 50% fibo. Currently, the price fights resistance at 61.8% fibo.