Bitcoin forming a bullish armonic butterfly!!!
Hi guys, as you look. I change the background for white and the candlestick green = bullish and red = bearish to analyze up and becoming my technical analsyis simple, classic and modern to be understood. I see and measure using the Fibonacci for armonic, we see a bulliish butterfly. So, and also, we are in the demand zone that we could to buy Bitcoin and make trading.
And also, we see in H1 a little formation of simetric triangle flag, it's bullish reversal in short time period. But analyzing in H4 timeframe, I have a perspective that Bitcoin could to be make to up movement, but remember, we are in the consolidation and in sometimes it's very difficult to predict where Bitcoin go. I put a buy order limit at $33,200 USD and my SL will be $31,900 USD and my target at $36,500 USD.
s3.tradingview.com/snapshots/m/MIXMrvbL.png
And looking in Daily timeframe, we are into this panoramic, a consolidation since end of MAY 2021
And also, we see in H1 a little formation of simetric triangle flag, it's bullish reversal in short time period. But analyzing in H4 timeframe, I have a perspective that Bitcoin could to be make to up movement, but remember, we are in the consolidation and in sometimes it's very difficult to predict where Bitcoin go. I put a buy order limit at $33,200 USD and my SL will be $31,900 USD and my target at $36,500 USD.
s3.tradingview.com/snapshots/m/MIXMrvbL.png
And looking in Daily timeframe, we are into this panoramic, a consolidation since end of MAY 2021
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