Hi,
well i can not add 1 year candles so must do it like this.
There is yearly double inside pattern on BTC. Meaning in 2017 btc has had greatest high and lowest low, in 2018 high was below 2017 high and low was higher than 2017 low.
In 2019 high was lower than 2018 high and low was higher than 2018 low. With corona bottom i think there was fake breakout direction so one would expect that BTC will break to the upside. There is also hidden weekly double inside bar on BTC from last month and it seems it is breaking to the upside (I will show that in next analysis). If so that hidden weekly should bring BTC to confirm breaking to the upside this yearly double inside bar (Confirmation above 16300)
well i can not add 1 year candles so must do it like this.
There is yearly double inside pattern on BTC. Meaning in 2017 btc has had greatest high and lowest low, in 2018 high was below 2017 high and low was higher than 2017 low.
In 2019 high was lower than 2018 high and low was higher than 2018 low. With corona bottom i think there was fake breakout direction so one would expect that BTC will break to the upside. There is also hidden weekly double inside bar on BTC from last month and it seems it is breaking to the upside (I will show that in next analysis). If so that hidden weekly should bring BTC to confirm breaking to the upside this yearly double inside bar (Confirmation above 16300)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.