In the H4 timeframe. Bitcoin has a potential to up near of 4.50% Now, this armonic pattern is the butterfly bullish, and so, this is very interesting what Bitcoin do. Because, there are a bullish pattern, I identify a doji bullish and an inverted hammer bullish, so this pattern are bullish and total and we can see a Bitcoin up in the next hours. And so, if you see the lastest candlestick bullish what mark a arrow in direction up, this is a great candlestick that represent a reversal trend in H4 timeframe
So, this doji and inverted hammer bullish are mark in blue clear. So, the proyection is bullish and I put a buy limit at $9,393 USD and SL at $9,258 USD and Target profit at 0.382% of Fibonacci in the price of $9,707 USD, and also, there ae a possibly that Bitcoin can reach at the price of target profit what I extent of $9,773 USD.
And then, is my prediciton.
So, this doji and inverted hammer bullish are mark in blue clear. So, the proyection is bullish and I put a buy limit at $9,393 USD and SL at $9,258 USD and Target profit at 0.382% of Fibonacci in the price of $9,707 USD, and also, there ae a possibly that Bitcoin can reach at the price of target profit what I extent of $9,773 USD.
And then, is my prediciton.
Trade closed: stop reached
Good night guys, in this technical analysis, Bitcoin can have a probability to form this pattern, beware of entry in short, this is not reccomend because this par was manipulated, if you see the lastest candlestick, this large wick are manipulation and price may to be to keep out all traders in crypto, specially in Bitcoin, and also, I was one of there that touch my SL so exactly this manipulation do.
Note
Did you know, this is very stupid, and so, the SL are touch in the same place waht price arrive down of $9,243 USD, so stupid very stupid what institutionals do for manipulated this par.
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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.