Potential Bearish Gartley forming with explosive price action looking to find its way up to the 0.786.
Yes "recession" is here, sentiment is low, however price at this moment are holding key support levels amidst such chaotic times. From swing top we slide hard and fast and found support at the 0.5, a good potential reversal point, supported with with a nice wick on the 4hr, we then found support at the 0.236, showing momentum is building, forming a early bullish...
Luna needs a little cool off . The recent upward pump might be a good time to scale out in this downward channel. This downward channel like with most crypto charts is a very powerful one, flushing out everything its way with occasional pitstops ( just like what it did in 14th july 21). Timing these pitstops must be done with proper monitoring and SL. ill be...
instinctively, it's telling me we get one final shake out, grab some liquidity, hence the 48k bull trap and now we're heading for the 28-30k bear trap. Giving us enough fuel for a final leg up, how high will we go ? I explored 2 scenarios, one more bullish then the other. This is going to be one to watch, keep and eye on the DXY, will it top out or keep pushing ?...