jb_skis

Bitcoin Bearish Gartley: Will it Reject 48.2?

BINANCE:BTCUSDT   Bitcoin / TetherUS
So far, this bearish gartley harmonic has been accurate to the relative tee. I assume now, we reject around the 48k area, and push further back down to retest trend... This to me, would confirm a bear market for quite some time 6-12 months is possible. If we look at VWAP and Daily/Weekly/Monthly supply levels, we should reject.

We will find out soon.

If you haven't longed I would not enter any trades here. If you are looking for an entry. I would short if we reject of the 48k level, and reclaim the D3 Supply lows... thats where I would enter a short.

Patience Pays

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