Seeing as today is a dump day for BTC -7.03% , its possible we are seeing a bullish Gartley pattern with possible Wolfe Wave
Hoping to enter around $8700+ and take profit between $11600-13500+
Posting this because of noticing the rapid decline and suspecting we are no longer in an Elliott wave pattern
Short term bearish , long term bullish but this is one of many estimates.
Just a trader who is learning and posting to share idea's and possibly learn more.
Hoping to enter around $8700+ and take profit between $11600-13500+
Posting this because of noticing the rapid decline and suspecting we are no longer in an Elliott wave pattern
Short term bearish , long term bullish but this is one of many estimates.
Just a trader who is learning and posting to share idea's and possibly learn more.
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Target Entry 1 hitHoping we slide further into Target Entry 2
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If we do reach the $8700 entry and the $13500 target profit then it is possible a bullish Wolfe wave will play out to reach target profit
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So we reached the first Target Entry of $9400 and stopped at 50% retracement at $9k.Its possible we are still going lower and that the $8700 target entry was set too high.
Looking at the Gartley Pattern I set I didnt have it retrace low enough.
New target entry is estimated at $8400 if lucky
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Correction.... keeping with the original shape and $8700 Target EntryI thought I had the original numbers off to fit a Gartley pattern but noticed just now it was correct
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Im in at $8701Note
Original Gartley pattern estimatepbs.twimg.com/media/DX0dRrOU0AASYux.jpg:large
Hope image works
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Looks like I jumped in a little earlyPrice went down below $8400 but seems to be bouncing hopefully
[image\
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lame you cant edit these
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Potential Bullish Bat making a double bottom?Note
Bottom is hopefully in?Note
Its a bullish bat! :D Double bottom is in!
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maybe a bit much but Bullish Bat to Bearish butterfly?Note
Was an inverse head and shoulders, not a butterflyNote
Bouncing wellOn the road to $13500?
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Disclaimer
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.