BitcoinLong
Bitcoin Bearish Butterfly
Looks as if this harmonic is correct we may drop a bit further see link for possible targets!
The potential bull flag looks a busted pattern.
It this is a 1/2 wave in a higher degree we need to stay above recent lows i.e. $34300
1.bp.blogspot.com/-YU0leTNqEPQ/V6DmPtg7nBI/AAAAAAAAETU/IdCZHjxHBTkhsgSiGviSjouXLXerxinDACLcB/s1600/butterflybearish.png
The potential bull flag looks a busted pattern.
It this is a 1/2 wave in a higher degree we need to stay above recent lows i.e. $34300
1.bp.blogspot.com/-YU0leTNqEPQ/V6DmPtg7nBI/AAAAAAAAETU/IdCZHjxHBTkhsgSiGviSjouXLXerxinDACLcB/s1600/butterflybearish.png
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Related publications
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.