Bitcoin / TetherUS
Long
Updated

BTC Butterfly in progress

85
BTC is completing that Butterfly bearish pattern, its a long way to D point however take in account that this is a 1D TF, many things are gonna happen in lower TF, corrections pumps and dumps, The blue box is the main and painful resistance for BTC, between EMA 150 and 200, once we get to that EMA in 1D, well something very interesting things
Trade active
Butterfly completed, BTC is now in accumulation process in this TF, blue box is still acting as support and resistance zone

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.