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Jetki
Mar 3, 2024 5:04 PM

BONK - 1hr, 4hr, 1D - Potential Bearish Butterfly Short

Bonk / USDTMEXC Global

Description

There is a potential high level Butterfly pattern on Bonk. I see ATH very soon with this as BTC is getting primed to see ATH. Thank you

Comment

Nice reaction to get over ATH. Lets see if it reaches at least the 1.272 or the 1.414 for the PRZ. Thank you

Comment

1.272 target reached

Comment

1.414 hit

Comment

Reaction achieved at the 1.414. 24% down from the highs. That could of been the dump. Maybe up now.

Comment

Huge pullback at the 1.414. If you went short up there, congrats.

Comment

Massive 50% drop
Comments
FreshJab
We reached the target, so now we can expect some correction? 0.047868 touched on Binance.
Jetki
@FreshJab, I expect some sort of reaction. Nothing is guaranteed
attaeinasser
hey, thanks for the hard work... where do you think it's going from here ?
Jetki
@attaeinasser, I expect some sort of reaction. Nothing is guaranteed
Nikkisee2095
Your post says short?
Jetki
@Nikkisee2095, Correct, this is a bearish pattern. But the C to D wave is technically bullish until we get there, then it will be a pause or a slight reversal at the D point. But it needs to rise 80% to get there at D. I hope that helps. Thank you
Nikkisee2095
@Jetki, totally helps, thank you!
ATH_Buyer
C was completed today now D
Jetki
@ATH_Buyer, That is correct
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