PhilHumphreys

BTC - Broadening Bottom halts more downside?

COINBASE:BTCUSD   Bitcoin
Last month I saw a bearish gartley harmonic developing that probably ended closer to a bearish bat harmonic.

The long was successful and so far the short has been too (link below)

I had seen no potential for failure in this short until 2 days ago when we started to develop a broadening wedge. This analysis is neutral not long until a 4 hour close confirms this pattern and I'd want to see more upside before considering a long but I am considering it.

Good luck!


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.