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Cryptostrategy

A Bullish Butterfly finally!BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Rationale for entry.. The reversal from the falling wedge on good volumes , The 5/13 dema cross on the uptrend, The RSi in the oversold zone And finally the Bryce Gilmore classic butterfly with an uncommon AB=CD pattern doing reversal from the PRZ on the back of good volumes... In short, a feast! Take profit is classed at 0.618AX level, as the extreme point (10778) and at 0.382AX level as a moderation (10704).... The space between these two level is the profit protection zone..
BITFINEX:BTCUSDLong
by capsule91
Updated
A bull to be feasted on- A butterfly in the ETC house!BITTREX:ETCBTC BINANCE:ETCBTC BITFINEX:ETCBTC POLONIEX:ETCBTC a bearish butterfly is caught in action... A long now, to start cover from 0.886 retracement level and potential reversal form the PRZ , to short from the to take profit in the 0.382 to 0.618AX level...
Long
by capsule91

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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