ABC of Gartley looks very good. Now price is heading down towards D assuming it gets there 78.6 will be completion of pattern and it will be time to get long.
Really nice looking Butterfly setting up on XLM... Price is heading down slowly (a good thing) towards the 1.272 ext which just happens to be weekly S3 and just below that is the missed monthly Central Pivot of January. Great R:R trade.. lets see how things play out.
As described in the video, following the completion of a Big Butterfly pattern X was established, the move up has happened and now we have had an ABCD correction in the form of a BAT with some really nice upside potential.
2 patterns providing a good case for LSK moving higher. Check out the LSKUSD video for more information on the Butterfly pattern which I refrence in this video.
2 Bullish Butterflies along with analysis on where price could go.
As discribed in the video. Nice looking BAT setting up with great R:R
LSK seems to be creating a C of a Butterfly. If that is indeed the case, we can expect a move up to the 1.272 or 1.618 ext which will mean an increase in $ terms per LSK of 150% / 200% respectivly
As discribed in the video, price is coming down to D of BAT at either 78.6 / 88.6. Assuming it gets there we have a very good R:R trade
GNT turned at 1.618 of 2 Butterflies, it has not made a higher low and is up circa 20% on the day. It came back down to "touch" missed weekly pivot from 2 weeks ago and is now heading higher. Target is Feb monthly central pivot around 72 cent. Stop below most recent low of 30 cents
Two butterflies at 1.272 ext and making a small higher low (30min chart). Very oversold, 2 missed weekly central pivots above and this months central pivot is also above which suggest to me that price will head back up to "touch base" with these levels. LTC had a similar situation a couple of weeks back which lead to a big move up, lets see how this plays out.
Really nice looking BAT setting up. D is probably at 78.6 although it could do down to 88.6. I think 78.6 as there is a 1.272 ext of and ABCD at same level and weekly S3 is a little below that so anywhere in the green box on chart is a place to get long. Target is missed weekly Central Pivot. Will update as it gets closer
BAT completed at 88.6, price bounced off 200ma and monthly pivot is to the up side. That is big daily BAT patterns on IOTA, Zcash & XRP. That is normally a good sign. If not then disaster is not far off. Be careful!!!
daily chart is showing XRP has completed BAT at 88.6 made a higher low off that point (D) and is now moving higher. 200MA is also right there which is a bullish sign. Finally February monthly pivot is above so another good target to aim for.
BAT has completed at 88.6 and retested that level. Target 1 is missed weekly central pivot, Target 2 last weeks missed central pivot. Stop above X as this is a leveraged trade!!!
OK BAT is complete at D 88.6. Missed Weekly Central Pivot above and price is sitting on S2. Trade looks like a good one in terms of Risk (stops below X) vs Reward (1st target missed weekly central pivot).
Price just reached D of BAT pattern (88.6) this also happens to be a missed weekly central pivot from last week. Now price has a reason to head up not only because of the completed pattern but there is a missed monthly central pivot above. Stop below X Will update as we go.
Very nice BAT setting up on LSK. D at 78.6 almost reached, with weekly S2 just below for extra support. Weekly central pivot to the upside which is good indication that price will head up to "touch base". Also there is a potential Butterfly setting up with D of the Bat forming the C of Butterfly. I will post a separate chart for that one.