Long

BITCOIN ROADMAP CHAPTER 6 - ATTACHMENT

Updated

How about a bullish butterfly pattern on Bitcoin chart ? Can it be the reversal pattern on long term ?
See the comments below for more info

Note

This is weekly RSI , never below 28.19 ! But now we have about 1 day and 5 hours until the weekly candle closes. Current level is 24.8

Note

Targets and resistances and stop loss on bullish butterfly in classic view.

Note

Stop loss in classic harmonic point of view is defined to set below point D !
So for this chart I just draw a horizontal bay in case of completing chart layout .
Setting a stop loss on harmonic patterns in crypto market which is a high volatile market is depended on you and your analysis outcome .

Note

About 37% , isn't it beautiful ?

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70% so far to tp1 :

Note

JavadisHere

JavadIsHere

Related publications

Bitcoin Roadmap Chapter 6

by JavadisHere

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