butterfly scenariobutterfly harmonic pattern:
AB=0.78 XA=$11
BC=0.88 AB=$0.65
tp1=0.88 BC=$8
tp2=0.88 XA=$16
tp3=1.6 BC=$63
tp4=2.24 BC=$367
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$1.97 is dreamy entry pointcrab harmonic pattern:
AB=0.38 XA
BC=0.88 AB
0.78 BC=$1.97
0.88 BC=$2.33
1.6 BC=$8.18
2 BC=0.78 XA=$15.74
2.24 BC=$23.73
0.88 XA=$24.71
2.6 BC=$45.32
1.13 XA=$74.28
1.27 XA=$140.92
3.6 BC=$250.97
1.41 XA=$262.58
1.6 XA=$670.88
4.23 BC=$722.75
LSK left the channel after 1 year (log)After 1 year in the down channel lsk walks out of it. The resistance is now a supportline.
A clear breakout with volume could give us a good sign to start a new channel.
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