#bitcoin forming #bullish harmonic around 7200.

#Bitcoin after TP1 and TP2 hit of the bearish butterfly, #btc has formed another harmonic pattern , bullish crab this time.

D is PRZ which is around the 78.6fib support i.e 7200,

we can expect a short term reversal around this pattern.

I am expecting this Intra-day setup on bitcoin right now:

Open long: 7239

Target1: 7460
Target2: 7620
Target2: 7715
SL: 7163, Risk: 1%
R:R =5 for T2

Earlier #bitcoin was forming a bearish butterfly around 4H 20SMA, i posted this trade setup yesterday:

https://steemit.com/cryptocurrency/@rajista007/bitcoin-forming-bearish-butterfly-around-4h-20sma-resistance-crypto

This was the setup:

It resulted in a profit of 3.7%x Leverage

You can find the updated analysis here also:

https://www.tradingview.com/chart/BTCUSD/ykaV6Eg3-bitcoin-forming-bullish-harmonic-around-7200-crypto-btcusd/

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If you found something useful here/benefited from my calls, then kindly hit the upvote/follow me here, #tradingview as well as in #twitter.

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LTC: LRapgEkUPwV2qENjtt3NEH8d4PPvW3sFfm
XRP Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh XRP Tag: 778576383
BTC: 1LM7tHMvLSghnBw2WTk3MSvfDyiGP5uGpd
ETH: 0x47eefeeea7e7b0d0840e841fbf3b3ab28ea86f8