We can see some harmonic patterns forming on the Bitcoin charts.
CRAB
BUTTERFLY
Crab time fibs line up perfectly with Butterfly
Butterfly fibs lineup with Crab
But there is also a wedge with a lot of confluence:
- The blue butterfly 15.236 time-fib extensions aligns with the end of the wedge
- The red crab 5.0813 (yes 0.813 is also a fib) also aligns with the wedge
- And the fib levels from 0 (8435) to 1 (9840) have a lot of confluence with the crab
CRAB
BUTTERFLY
Crab time fibs line up perfectly with Butterfly
Butterfly fibs lineup with Crab
But there is also a wedge with a lot of confluence:
- The blue butterfly 15.236 time-fib extensions aligns with the end of the wedge
- The red crab 5.0813 (yes 0.813 is also a fib) also aligns with the wedge
- And the fib levels from 0 (8435) to 1 (9840) have a lot of confluence with the crab
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.