Catch the Cryptos In play before more dump from Bitcoin, because BTC falls always lead to the rise of most Altcoin BTC pairs shine shine. In July we will see coins pairs like ATOMBTC coming to alive and here is why...
"Gartley" pattern from ATOMBTC daily chart.
after an XA "swing" the B level
was formed near 61% of XA.
C swing was formed at 0.80 AB range.
this "Gartley bearish pattern is
completed when AB =CD is formed at D.
I expect a retracement to the 0.000275 zone that will propel it to the expected Targets.
(Obviously the on this analysis is based on a daily chart, so we should expect to take this on s SWING trade aspect as this might take longer time from take up to 4 - 12weeks to achieve a good profit on most BTC Pairs and this won't be any difference.)
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"Gartley" pattern from ATOMBTC daily chart.
after an XA "swing" the B level
was formed near 61% of XA.
C swing was formed at 0.80 AB range.
this "Gartley bearish pattern is
completed when AB =CD is formed at D.
I expect a retracement to the 0.000275 zone that will propel it to the expected Targets.
(Obviously the on this analysis is based on a daily chart, so we should expect to take this on s SWING trade aspect as this might take longer time from take up to 4 - 12weeks to achieve a good profit on most BTC Pairs and this won't be any difference.)
Thank you for Supporting MFT with your likes, Do follow us for more technical analysis updates.
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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.