Skip to main content

Big BTC butterfly update

We've gotten to the 127. If there's a clear break of the 127, we're probably in a bear market.

https://preview.redd.it/k5vf46qhjc181.png?width=1919&format=png&auto=webp&s=5c05b4aacacaca441459418248cd9ef6596953e0

https://preview.redd.it/9quo6mzojc181.png?width=753&format=png&auto=webp&s=356669c3f9bc807acce8a85e9442e0426565cc29

Characteristics we see in butterfly tops;

  • D leg is parabolic
  • D leg is a tiny spike out of previous high
  • Rejection of D leg is clean and strong


via reddit https://ift.tt/30PNLzk

Comments

Popular posts from this blog