BTCUSDT Butterfly Pattern in Wykoff distribution
The Gartley pattern for daily Chart of Bitcoin tether resemble W pattern, that All of swings are interrelated and associated with Fibonacci ratios.
Point B closed bellow 0.618 fibo,
Point D maybe with ration of 0.768 ration will be close in above first resistance in 56895 , and with point at 1.27 ratio above X point in 74863 will be closed, now in Phase (D) wykoff pattern distribution,
with this trend first resistance is 51780.
Point B closed bellow 0.618 fibo,
Point D maybe with ration of 0.768 ration will be close in above first resistance in 56895 , and with point at 1.27 ratio above X point in 74863 will be closed, now in Phase (D) wykoff pattern distribution,
with this trend first resistance is 51780.
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