BTCUSD - Harmonic Pattern - Deep Crab
Comparing with the standards of the Deep Crab pattern, we see many matches (in %):
AB/XA = 88.6, exactly
BC/AB = 38.2 belongs to [38.2;88.6]
Expect D at
4K that matches the Deep Crab pattern:
CD/BC = 300 belongs to [261.8;361.8]
CD/XA = 161.8 to be exact.
DE can be expected at the 38.2 ~
29K or 61.8 ~ 44K retracement levels.
I don't understand why it coincides, interesting, but there is still a problem that the price range is too large compared to the bottom price (3.8K - 69K), the application of an arithmetic scale is not supported when considering the ratio wave.
AB/XA = 88.6, exactly
BC/AB = 38.2 belongs to [38.2;88.6]
Expect D at
4K that matches the Deep Crab pattern:CD/BC = 300 belongs to [261.8;361.8]
CD/XA = 161.8 to be exact.
DE can be expected at the 38.2 ~
29K or 61.8 ~ 44K retracement levels.I don't understand why it coincides, interesting, but there is still a problem that the price range is too large compared to the bottom price (3.8K - 69K), the application of an arithmetic scale is not supported when considering the ratio wave.
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