BINANCE:BNBUSDT BNBUSDT up top with that Bat Harmonic Pattern, and on the right AB=CD on the second half of the final leg (CD) was appreciated Below chart BNBBTC has been in that wedge for months. Bat Pattern completed as BNB went for another run at it. Just a brawl down there
BITSTAMP:BTCUSD www.tradingview.com Its oversold too...might pivot Not an investment professional, not giving financial advice
ok so everything looking good so far with our (alleged) Butterfly. This is still NOT tradable at this point, the pattern is not valid until final leg "CD" falls l below "B" point of $428.00 PRZ #1 in expectation of, and in preparation for, a valid bullish Harmonic Butterfly Pattern: < $315.00 Beginning of PRZ #1 <=> $290-$300 Convergence of 1.27XA and 1.618...
On the daily chart. Will it matter? But I say it moves lower - as long as it moves!
BNBUSDT crab pattern has completed at the 2.618 BC projection on the .786 retracement of ATH ($595 range). No further action until we know where its going if it breaks through the 2.618 next is the .886 retracement of ATH ($614-$618). IF break through .886 only then can we can set up our PRZ: A full retracement of ATH in the $638 range + the BC leg reaching...
New to Harmonics but this crazy price action and volume screams Crab 2.618 hits the .707 retracement...3.618 brings us to a double top and then heads up!