Bitcoin Has Completed Gartley Move And Ready To Hit Upto $12K

Formation of bullish Gartley:

This time on very long term monthly chart the price action of Bitcoin (BTC) has formed bullish harmonic Gartley pattern and entered in potential reversal zone.

Click here to visit tradingview for complete chart

Buying And Sell Targets:

The buying and sell targets according to harmonic Gartley pattern should be:

Buy between: $7231 to $5424

Sell between: $8654 to $12070

So this trade has capacity to produce upto 122% gains.

Stop Loss:

The potential reversal zone area which is up to $5424 can be used as stop loss in case of complete candle sticks closes below this level.

This idea is for long term traders not a short term idea; I will be keep posting more trading ideas.

Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.

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