BTC - Bearish Butterfly - 1HR

٨ يناير ٢٠٢٤

Looks like there could be a butterfly here on the 1HR. Let's see if it plays out. Thank you

٩ يناير ٢٠٢٤

ملاحظة

Looks like there has been a reaction at this level from the butterfly

٩ يناير ٢٠٢٤

ملاحظة

Big reaction up to the 1.414 which is in the parameters of the Butterfly

١٠ يناير ٢٠٢٤

ملاحظة

Reaction is still in play. There might be a bounce at 43700 for a Shark. Maybe to make a lower high to go lower. Thank you

١١ يناير ٢٠٢٤

ملاحظة

It made it all the way up to the 1.618 which is still in the parameters for the butterfly. Very nice reaction up there. If price goes above the 1.618, the idea is canceled. Thank you