Formation of bullish Gartley:
This time on very long term monthly chart the price action of Bitcoin (BTC) has formed bullish harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $7231 to $5424
Sell between: $8654 to $12070
Stop Loss:
The potential reversal zone area which is up to $5424 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for long term traders not a short term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
This time on very long term monthly chart the price action of Bitcoin (BTC) has formed bullish harmonic Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $7231 to $5424
Sell between: $8654 to $12070
Stop Loss:
The potential reversal zone area which is up to $5424 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for long term traders not a short term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
