Staying on track with our goal of being more focused on technical analysis, our team has been scouring charts for signs of harmonic patterns indicative of future price action movements. Sometimes, as we did, you’ll find the beginning formations of a pattern...
Based on the rules necessary for a bat pattern to be validated we feel as though Tron is in the process of completing the patterns “D” leg.
For now, we’ll be watching Tron closely as price action either validates or invalidates this analysis. Should the bat pattern become validated point “D” is certainly looking like a healthy place to buy however we did notice a potential, shorter-term Gartley pattern forming which would put a healthy buy-in at a much higher point.
Do either of these scenarios seem likely to you based on your own analysis? Feel free to share any you may have done yourself!
Based on the rules necessary for a bat pattern to be validated we feel as though Tron is in the process of completing the patterns “D” leg.
For now, we’ll be watching Tron closely as price action either validates or invalidates this analysis. Should the bat pattern become validated point “D” is certainly looking like a healthy place to buy however we did notice a potential, shorter-term Gartley pattern forming which would put a healthy buy-in at a much higher point.
Do either of these scenarios seem likely to you based on your own analysis? Feel free to share any you may have done yourself!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.