There are several converging factors to retest the 25K breakout. Two likely patterns are the bullish Gartley and/or inverted AB=CD, with a Potential reversal zone (PRZ) at $25.4K.
I shorted since prices went back into the 29K/26.5K range. If price reaches $26650, I will try to play the BC and CD waves of the Gartley.
Good luck with your trades.
I shorted since prices went back into the 29K/26.5K range. If price reaches $26650, I will try to play the BC and CD waves of the Gartley.
Good luck with your trades.
Trade active
Not perfect timing but prz hitted. long
Trade closed manually
don't like the break of 24.4KNote
Re-long on $24900Because of the BTCEUR Proxy
Trade active
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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.