Bitcoin Tesla

30 thg 1, 2024

1.30.24. In this video I talked about Bitcoin which has a bullish pattern but it came to a resistance area and started to reverse. At the end of that reversal it retested a gap going higher... and so for a little while the market started going higher but it is not made a new high. I suspect that the market will reverse before it makes a new high and create some type of a pattern similar to a Gartley. In order for this to happen the market would need to start going lower before it makes that new high and then we would look for a Gartley. Since we were talking about gartly patterns I decided to go back to tesla which had previously demonstrated a great example of a gartly reversal. However tesla is a bearish behavior which is just come to a support area and is found some buyers... so this might turn into a buying opportunity for a swing trade to go long for 15 or so percent.