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Oh yea baby, you know I love these bad boys. The only pattern I trade off of being a ShortMex boy.
Bartley invalidated if C is failed. Room for a move to the C>D to validate Bartley.
Trading Plan is
Open Short Position at D, Set Stop Loss at X. High Leverage Positions have & will get rekt. I've traded 5 Bartleys this year, all have been profitable. The stop...
Words are on chart, looking for more small triggers and boring bot trading for several hours before a minor leg up.
I feel we potentially have a slight breakthrough to test next level above, but after this move I'm looking to short the rally for the next major leg down towards 5200.
Previous move from XBT/USD-Bitmex is recovering from downward momentum to continue after local profit levels were taken in previous longs.
Divergence forming as buying volume is outweighed by the value of the coin based on previous closing averages.
Looking for a short-term retracement to 7800~ USD or bottom of previous move, potentially failing that level.
TRX is reversing short-term retracement and now looking to make a double-top at the top of our local fib. If support holds at the .618 bounce then we would look for momentum to continue towards the 1.272-1.414 for a potential value of 500 Satoshi.
As always, this is not financial advice. Do your own due diligence when investing & trading. Be safe and good luck!