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Gartley

Symmetrical triangle+Kumo cloud+Bear Baby gartley in tango..!BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Expected movements.. 1.normal vibrations in the symmetrical triangle 2.produce the C point of the bear gartley 3.take support from the kumo cloud 4.Breakout of the triangle and for the Cd leg of the bear gartley 5.resistance at the PRZ limit of the bear gartley 6.Reversal to take profit level of 0.618AX of the gartley and support again at kumo cloud... Disclaimer...This is not an investing /trading advice
COINBASE:BTCUSD
by capsule91
Bears opening their jaws on BTCUSD?1.FAlling wedge, to support to form a expanding ascending wedge 2.During the conversion of wedge there was a Bearish gartley formation 3.Also the kumo cloud formed a tough to break resistance span over the price action which was not easy to break 4.the Double top neck;ine acts as a potential resistance to halt any movement bove that.. 5.If break happens i doubt whether there will be much support before the primary fibonacci 618 kicks in... Disclaimer.. not an investing/trading advice....
COINBASE:BTCUSD
by capsule91
Fib-Confluence Analysis: Two ScenariosBrief analysis I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action. We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a potential for 4900-5000, which is the Bat PRZ. Till then enjoy the up move. Hope this analysis will help bitcoin traders to develop their plans more efficiently. Do hit like and comment. All the best. Bravo Disclaimer: I do not trade Bitcoin.
BITSTAMP:BTCUSD
by Bravetotrade
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