SteveEnnom

Bull gartley forming?

Long
SteveEnnom Mis à jour   
BITFINEX:BTCUSD   Bitcoin
Even though BTC is definitely in a bear channel, a bull Gartley may be forming in the daily chart. Lower price in D might be around the 7511 support area.

Stochastic RSI shows a deep oversold phase, probably due to a quick reversal soon.

Long run I keep my bear idea, short term it may revert to bull though.

Not a trading advice, merely my idea.
Commentaire:
It actually reverted to bull. Currently trading at around 8900$. Won't last long. Don't call the moon. It is sinking.
Commentaire:

The bull bat I forecasted 4 days ago is still performing. I would check 9250 level (that worked as a support earlier) as a resistance for this bull run. Target price could be around this level.

We are still in a bear channel.

Take care.

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