A Bullish Gartley Pattern is forming:
Target: 5310
A long order would be placed just above the high of the price at D with the targets set to 61.8% of CD around 5600 , 1.272% extension of CD and finally the projected XA distance from D at ~6000.
Their is a high volatility, a lot of newcomers have already some anxiety, advise for them HODL and go take some rest.
Some big players are dumping slowly. Targeting a 20% profit.
If the 61,8% is the local top and we continue to see a downtrend wait for a panic sell to enter below 5000, as always buy the dip.
Good luck.
Donation: 1APmSca19tELJPQSgtbRMYLuyC6gaZoKmQ
Target: 5310
A long order would be placed just above the high of the price at D with the targets set to 61.8% of CD around 5600 , 1.272% extension of CD and finally the projected XA distance from D at ~6000.
Their is a high volatility, a lot of newcomers have already some anxiety, advise for them HODL and go take some rest.
Some big players are dumping slowly. Targeting a 20% profit.
If the 61,8% is the local top and we continue to see a downtrend wait for a panic sell to enter below 5000, as always buy the dip.
Good luck.
Donation: 1APmSca19tELJPQSgtbRMYLuyC6gaZoKmQ
Trade closed: target reached