SteveEnnom

BTCUSD Bearish Gartley forming?

BITSTAMP:BTCUSD   Bitcoin / Dollar
Actually, the trend is bull but on a closer look seems like a bearish Gartley is forming. If so, once the figure is completed on point D ( at a price close to 17800 c.a.), the cross should turn bearish . Completely missed this figure in my previous analysis where I forecasted a bull market only. It is bull but will likely exaust before the 20k level.
Kommentar: Seems like the bearish Gartley figure is completed and the BTCUSD cross started the inversion of the trend.
Yes but not in a 800 billion market cap. Maybe true in a 400 billion market cap! That is what I think.
Antworten
SteveEnnom nagarjunroy
@nagarjunroy, thanks for comment. Initially I really missed it and just saw an uptrend but the figure is there. I would say volumes at stake will make the difference. The market might just get through the XABCD pattern with no reversal at all but since the figure is kind of completed I thought it was good to report it here.
Antworten
nagarjunroy SteveEnnom
@SteveEnnom, I do not dispute your chart. I am just taking overall picture of market into consideration. In a market where Ripple can go above $3 I doubt Btc will go any lower. If the whole market goes bear then things might change.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden