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Tom-Jones

BITCOIN | Butterfly or Crab

Short
Tom-Jones  
BYBIT:BTCUSD   None
Harmonic Patterns Butterfly Crab Bitcoin (Cryptocurrency) retrace targets
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harmonicpatterns butterflypattern crabpattern bitcoin retrace targets
We can see some harmonic patterns forming on the Bitcoin charts.

CRAB
snapshot

BUTTERFLY
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Crab time fibs line up perfectly with Butterfly
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Butterfly fibs lineup with Crab
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But there is also a wedge with a lot of confluence:
- The blue butterfly 15.236 time-fib extensions aligns with the end of the wedge
- The red crab 5.0813 (yes 0.813 is also a fib) also aligns with the wedge
- And the fib levels from 0 (8435) to 1 (9840) have a lot of confluence with the crab
snapshot
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