After hitting the gartley targets overnight we can see a potential BULLISH BUTTERFLY pattern forming on the hourly time frame, remember to take profits if needed. We can still pump up slightly to $2.50 - $2.80 before we come back down
Bear in mind this token is trading at $1.10 on many other exchanges so a dump could well be the next big move here
Congrats to anyone that profited from the last move up!
It was a tough trade to take and my gartley was slightly off for entry but the result was achieved nonetheless
Targets for a potential reversal zone sit at around $1.04
A spike up during the US trading session would seem likely before they move lower to complete this pattern as based on institutional trading they like to sell at the highest price possible
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.