BTCUSD: Bitcoin falling continues?!
Updated
As it was predicted in my previous analysis, the price broke previous mini structures (see at H1 charts) and dropped significantly last 2 days. Moreover, the Gartley pattern formation gave the exact entry and exit levels. The price already hit 38.2 (target 1) and expecting 61.8 (target 2) to be hit and lock full profits.
The price getting close to the previous structure low at $10300, where I expect some buyers to step in. However, it is more likely that the sellers still continue controlling the price and push the price down at $9500 area.
- Follow & Comment -
The price getting close to the previous structure low at $10300, where I expect some buyers to step in. However, it is more likely that the sellers still continue controlling the price and push the price down at $9500 area.
- Follow & Comment -
Note
Target hit. Profits locked.
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