#Bitcoin after TP1 and TP2 hit of the bearish butterfly, #btc has formed another harmonic pattern , bullish crab this time.
D is PRZ which is around the 78.6fib support i.e 7200,
we can expect a short term reversal around this pattern.
I am expecting this Intra-day setup on bitcoin right now:
Open long: 7239
Target1: 7460
Target2: 7620
Target2: 7715
SL: 7163, Risk: 1%
R:R =5 for T2
Earlier #bitcoin was forming a bearish butterfly around 4H 20SMA, i posted this trade setup yesterday:
This was the setup:
It resulted in a profit of 3.7%x Leverage
You can find the updated analysis here also:
https://twitter.com/rajista007
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LTC: LRapgEkUPwV2qENjtt3NEH8d4PPvW3sFfm
XRP Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh XRP Tag: 778576383
BTC: 1LM7tHMvLSghnBw2WTk3MSvfDyiGP5uGpd
ETH: 0x47eefeeea7e7b0d0840e841fbf3b3ab28ea86f8