Bitcoin W Pattern
Updated
Last leg currently at resistance, however two other possible reversal areas are present to create an over extended W. Price will has a high probability of retracing at LEAST to the 38% level. Wait for LL/LH price action on 5min TF before entering.
Alternatively, you can add
BTCUSDBollinger Bands and sell on the retest of the break.[symbol=
Alternatively, you can add
BTCUSDBollinger Bands and sell on the retest of the break.[symbol=Trade closed: target reached
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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