We have BTC coming down with a nice healthy retrace to the .618
Harmonic gartley playing out perectly
Currently holding a ling term trendline
Holding the top of value on VPVR
Bullish divergence in OBV and Willy
Histogram has a bullish div but still not confirmed
Long term buy zone in green (Between the .618 and .786)
What do I see happening: If we break this .618 fib and confirm this Gartly pattern the next target will be $5400 area.
We could bounce up from the 618 and then retrace to the 786 but from here I will be cost averaging my BTC all the way down to $5400 buying the green zone.
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Harmonic gartley playing out perectly
Currently holding a ling term trendline
Holding the top of value on VPVR
Bullish divergence in OBV and Willy
Histogram has a bullish div but still not confirmed
Long term buy zone in green (Between the .618 and .786)
What do I see happening: If we break this .618 fib and confirm this Gartly pattern the next target will be $5400 area.
We could bounce up from the 618 and then retrace to the 786 but from here I will be cost averaging my BTC all the way down to $5400 buying the green zone.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Trade active
This is when I called the top and the Gartley pattern was playing out
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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.