Just playing on Trading View and tried to make the seemingly bearish bitcoin into a bullish chart. Maybe it's making one of the bullish gartley formations? I'm not too fond of those or the falling wedge pattern, but both of those seem to be present.
Notice there were 2 other falling wedges that I outlined in red that broke upwards.
Anyways I think this is very low probability, but BTC seems to be respecting the falling wedge trendlines, so for now I have to acknowledge that. Whether it breaks upwards or not, well we will see in due time.
If someone actually knows something about the bullish gartley pattern please leave a comment below.
I'm not a certified securities professional, this is not investment advice. I am not qualified to give investment advice.
Notice there were 2 other falling wedges that I outlined in red that broke upwards.
Anyways I think this is very low probability, but BTC seems to be respecting the falling wedge trendlines, so for now I have to acknowledge that. Whether it breaks upwards or not, well we will see in due time.
If someone actually knows something about the bullish gartley pattern please leave a comment below.
I'm not a certified securities professional, this is not investment advice. I am not qualified to give investment advice.