Long
Bitcoin Cash completes Gartleys!
As you see from the charts, since december $BITFINEX:BCHBTC enters into a triangular downward correction, ABCDE.
as it reaches the APEX, a breakout is expected
Coincidentally at the end of correction E, the Gartley pattern formed! And right at D, you can see that stochastic is oversold, giving us a signal to go long.
3 Reasons to be bullish
1. end of ABCDE correction
2. bullish Gartley appeared
3. Stochastic oversold
as it reaches the APEX, a breakout is expected
Coincidentally at the end of correction E, the Gartley pattern formed! And right at D, you can see that stochastic is oversold, giving us a signal to go long.
3 Reasons to be bullish
1. end of ABCDE correction
2. bullish Gartley appeared
3. Stochastic oversold
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.