Binance Coin / TetherUSמעודכן BNB Butterfly Update - Validation and PRZ #1
https://www.tradingview.com/x/Bxi35vab/
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 BC projection
< $275.00 End of PRZ #1
Wait for a confirmed breakout and set up stop loss
I am not a financial or investment professional and do not provide 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 BC projection
< $275.00 End of PRZ #1
Wait for a confirmed breakout and set up stop loss
I am not a financial or investment professional and do not provide financial advice.
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I may be completely wrong on this one!The daily chart has a much better Bat Pattern setup than the Butterfly on the 1 Hour chart. Monitor closely and wait for breakout before taking Long position. As this highlights I am inexperienced analyst and new to Harmonic Patterns.
This is not trade or investment advice, I am not a finance or investment professional
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Watch for a bounce off 428.00. Also it could accelerate hard towards PRZ once the pattern is validהערה
Butterfly fails Deep Crab possible I am starting to buy (new post) $450 (point "C" Deep Crab) holds as support
$435-440 stop loss orders
$428 (point "B" Butterfly) fails as support
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Might be a Shark but too much uncertainty right now. Failed Pattern
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.