I keep updating my initial idea on BTCUSD .
Started with a bearish Gartley (on the daily graph) that took the price of the Bitcoin down.
At that point I setted two supports. A "dotted line" that was most likely to occurr and a more stable and extreme occurrence, the red line support. See my related idea for that one.
As of now, in the 4h chart, the cross held the dotted line support quite well I would say. A double bottom formed exactly on the support line and the cross is now bullish again.
Started with a bearish Gartley (on the daily graph) that took the price of the Bitcoin down.
At that point I setted two supports. A "dotted line" that was most likely to occurr and a more stable and extreme occurrence, the red line support. See my related idea for that one.
As of now, in the 4h chart, the cross held the dotted line support quite well I would say. A double bottom formed exactly on the support line and the cross is now bullish again.
