Textbook bullish ABC pattern and bullish Gartley pattern predicts new highs for ETHBTC
Textbook bullish Gartley pattern in USDMXN targets 18.96 next and potentially 20.3
Since the 2016 low oil has made equal measured move corrections. If the choppy price action between summer 2016 and 2017 was an irregular correction we could be at important measured move resistance.
ADABTC Cardano bullish Gartley pattern I like that the final leg of this pattern was a declining wedge which will give a clear breakout indication and confirmation of reversal.
Bullish Gartley reversal in Komodo. A lot of bullish patterns setting up in blockchain coins as confidence returns
BTCUSD triggers a bullish pattern above neckline resistance, trendline resistance from the start of January highs and the 0.236 Fib retrace level from the December 2017 highs and targets are 11200 and 12800. Back above round number 10,000 could trigger some FOMO.
ZECBTC is at the neckline of an inverted head and shoulder pattern looking for a break higher above 0.0540 to target 0.0930 next. Support is the 200 day MA at 0.0458
Above 1.40 resistance is a bullish reversal for the GBPUSD and keeps the 1.45 target scenario alive for now.
Bullish reversal setting up but watch for the daily 200 moving average
NEOUSD ABCD pattern has to overcome resistance at 95.48 to confirm
Bullish AB=CD in ETHUSD confirmed above the 0.236 fibonacci retrace level.
Another bearish harmonic pattern within the wedge consolidation for bitcoin - this time a bearish bat pattern. Still looking for a breakdown in bitcoin to 12250 or 11500 minimum next.
Bitcoin is struggling to rally and a turn lower here would be a bearish Gartley pattern which is a trend continuation pattern and would see new lows targeting 11900, 9900 and potentially 8000. Holding above 14180 points to 15000 next
WTCBTC making an inverted head and shoulders pattern and bullish reversal confirmed on a daily close above the 0.382 Fibonacci retrace level at 997890 sat is a bullish reversal
Bullish harmonic bat pattern when you study this coin against the USD says we could see a powerful move higher (bats retrace hard). A close above PTOYUSD 0.231 confirms the reversal then targets are 0.365, 0.456, 0.844 and 1.016
Bearish Gartley pattern reversal today means trend continuation lower for the 10yr bond and at least 124'25 and possibly new lows. Gartley patterns are trend continuation patterns.
The best Gartley patterns have equal AB and CD legs and this applies to this pattern. This is a bullish trend continuation pattern and should see new highs. If BTC goes into a correction then Litecoin looks to be a good set up to benefit.
The best (most reliable) bullish gartley patterns are when there is an AB=CD equal measured move for the AB and CD legs and this applies to LTCBTC. The bullish reversal is confirmed above 0.01049247