アップデート済
MAID/BTC - Bullish Butterfly
What's up traders, today I'm looking at MAID/BTC on the 1h chart with a bullish butterfly pattern, this has some serious potential.
The measurements for a valid butterfly pattern are detailed below.
B: 0.786
C: 0.382 - 0.886
D: 1.618 - 2.24
X to D: 1.272
The completion of this pattern aligns with the all time low for the asset, meaning it is a crucial area of support and a key area to buy at depression lows.
In addition a 1.13 A, B, C extension completes in the potential reversal zone further confirming this zone.
I'll be waiting until the pattern completes before placing the trade.
As always feel free to connect with me below!
The measurements for a valid butterfly pattern are detailed below.
B: 0.786
C: 0.382 - 0.886
D: 1.618 - 2.24
X to D: 1.272
The completion of this pattern aligns with the all time low for the asset, meaning it is a crucial area of support and a key area to buy at depression lows.
In addition a 1.13 A, B, C extension completes in the potential reversal zone further confirming this zone.
I'll be waiting until the pattern completes before placing the trade.
As always feel free to connect with me below!
ノート
Quick breakdown on market structureノート
A quick update on structure, we will see more activity shortly.ノート
MAID/BTC, pattern complete, price is sitting in a key demand zone.I will be updating my analysis!
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。