I saw a map of possible price movements for bitcoin where the price after he broke the trendline in the 1h timeframe on July 5, 2021. He has a tendency to go down and at this time I see the price is retesting the trend line area and some trendlines and strong resistance previous. I also see a possible pattern that will occur, namely a bearish gartley , one of the natural harmonic patterns (I drew the harmonic line using the close point) and it seems that the reversal has occurred in the area where the strong resistance confluences. but be careful because the larger trend is still sideways.
I remind you that this is for educational purposes only. Not an invitation to enter a position. Risk disclaimer!
share your views/opinions below.
I remind you that this is for educational purposes only. Not an invitation to enter a position. Risk disclaimer!
share your views/opinions below.