BTC: A few possible scenarios
A few possible scenarios.
I do like the idea for the Gartley Pattern move since it bounced at the 618 level and bounced to the 886...so far the criteria is met. Bouncing in the mid 3300s would be key to confirm
Long term I'd like to see a move lower but swing trading both ways as the chart dictates.
Disclaimer: I am not a financial advisor and this is not financial advice.
I do like the idea for the Gartley Pattern move since it bounced at the 618 level and bounced to the 886...so far the criteria is met. Bouncing in the mid 3300s would be key to confirm
Long term I'd like to see a move lower but swing trading both ways as the chart dictates.
Disclaimer: I am not a financial advisor and this is not financial advice.
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.