Harmonic Patterns Are Still Applicable - XMLXBT Gartley $XML.X

10 Kas 2017

I try my best not to use complex trading patterns in the crypto space only because trend line analysis works very well, but when my brain sees a familiar pattern, I get all excited - Here is a gartley pattern formation for XLMXBT with beautifully executed levels and the trading wave reaching near the 38.2 retracment level which is a resistance level for XML - Possible Target 2 @ 61.8 retracment level possible (0.00000756 BTC|XBT)

Note that the market respected the trend line first before the 38.2 RT Resistance level (0.00000594 BTC|XBT)