Bearish Gartley BTC
One of the most powerful formation. Bitcoin investors have reacted to this pattern before. The previous Bullish Gartley formation was awarded with 22 % growth. This time the Bearish Gartley formation suggests a correction of 20-30 % retracement to test previous support levels around the 30k area.
This is either a critical stop-loss zone for many investors, or a huge buy-in for long term investors looking to get an entry.
I am long in bitcoin and cryptocurrency, and i believe that this is a temporary correction.
This is either a critical stop-loss zone for many investors, or a huge buy-in for long term investors looking to get an entry.
I am long in bitcoin and cryptocurrency, and i believe that this is a temporary correction.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.